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28303945

14 Glenwood Ave, Raleigh, NC 27603 For Sale

RS
NC 329034
Nowell Investment RE, Inc.
Listed by Nowell Investment RE, Inc.
Unpriced
242 days on market
Updated 31 days ago

The Carter Building

Details
Property Type Retail, Office (+1)
Sub Type Storefront
Square Footage 25,189
Net Rentable (SqFt) 25,189
Occupancy 80%
Tenancy Multi
Broker Co-Op Yes
Class B
Year Built 1930
Buildings 1
Stories 2
Acreage 0.270
Zoning DX-7
Investment Type Value Add

Retail | 25,189 SqFt

Marketing description

Situated in the heart of Glenwood South, The Carter Building offers a rare 25,189 SF commercial asset with exceptional walkability and unbeatable redevelopment upside within Raleigh’s premier entertainment district. Positioned on 12–22 Glenwood Ave with a Walk Score of 95, the property features short-term leases that provide maximum flexibility for an owner-user, investor, or value-add repositioning under sought-after DX-7 zoning. With strong surrounding demographics—including over 228,000 residents within five miles, rapid projected population growth, high household incomes, and 14,500 vehicles per day—plus more than 7,250 residential units planned in downtown Raleigh, this offering presents an outstanding opportunity to secure a generational location in one of the city’s most dynamic growth corridors.

Listing Contacts

RS
NC 329034
Nowell Investment RE, Inc.
Listed by Nowell Investment RE, Inc.

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Additional Information

Name
Ryan Shields
License
329034
Brokerage
Nowell Investment RE
Brokerage Address
600 Wade Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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