718 W Lane Street Raleigh, NC $ 1,300,000
718 W Lane Street
$ 1,300,000
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718 W Lane Street

Raleigh, NC, 27603
$ 1,300,000
Baths0.0

Monthly Estimate*

$ 9,081

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Studio

Commercial Property for sale in Raleigh, NC

for $1,300,000. This building was built in 1910 on a lot size of 0.13.

Located in sought after Downtown Raleigh, this classic beauty harkens back to Raleigh's past, with a nod to the future. Situated between St. Mary's Street and Boylan Avenue, with walking distance to Glenwood South, this is the perfect spot for your new or expanded business location. Significant updates in 2022 provide a conference room, team meeting room, three separate offices, kitchenette, and large bullpen area. Welcome clients on the porch swing and walk with them to lunch. There are six parking spots in the rear, with one handicapped spot included. The building is wheelchair accessible with large ramp. Ample free parking is available along W. Lane St. Office furniture, appliances, and televisions are negotiable.

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Commercial Pending

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,168

Style

Office

Lot Size

0.13

Year Built

1910

Town/City

Raleigh

County/Region

Wake

MLS | Web ID

10003358

Features
General
Sewer Public Sewer
Heating Forced Air Heat Pump
Cooling Central Air Heat Pump
Utilities Cable Connected Electricity Connected Sewer Connected Water Connected
Roof Shingle
Appliances Free-Standing Refrigerator
Zoning OX-3
Construction Materials Brick Wood Siding
Year Built 1910
Stories 1
Property SubType Office
Business Type Medical Professional/Office Retail
Accessibility Accessible Approach with Ramp Accessible Entrance
County Wake
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features High Speed Internet
Status Pending
Directions West on Hillsborough St from State Capital Building. Right on Boylan Ave. Left of W Lane St. Building is on the right.
City Raleigh
Buyer Agent Compensation 2.40
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 5662.8
Waterfront Y/N N
Carport Y/N N
Street Name Lane
Property Attached Y/N N
Tax Annual Amount 5168.78
Ok to Lease None
Lease Considered Y/N N
Availability Date 2024-01-01
Days on Market 77
Structure Type House Office
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Hardwood Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Lot Features Paved
Water Source Public
Lot Size Area 5662.8
Foundation Details Brick/Mortar
Spa N
Building Area Total 1758
Lot Size Acres 0.13
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Doug Yopp

Listing Agent

The Oceanaire Realty

Broker

Affordability Calculator

$9,512
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
$431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
343702 Elementary School
343439 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/25/2023$1,300,000 Listed Price

Map


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718 W Lane Street, Raleigh, NC, 27603 is a Commercial Property for sale at $1,300,000 with a lot size of 0.13. 718 W Lane Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 27603 which is in Raleigh, NC