8313 Six Forks Road #101 And 111 Pending

Raleigh,NC 27615

$ 685000

- Bed

- Bath

4692 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Pending

Purchase Type For Sale

Square Footage 4,692 sqft

Price per Sqft $145

MLS Listing ID 10129466

Style Office,Site Built

Year Built 2005

Annual Tax Amount $2,973

Lot Size 3,598 Sqft

Property Sub-Type Office

Property Description

Newly Renovated 2,346 Sq. Ft. Office Condo in Prime North Raleigh
Address: 8313 Six Forks Road, Units 101 & 111, Raleigh, NC Price: $685,000 (per current appraisal)Size: 2,346 Sq. Ft. (Unit 101: 1,173 Sq. Ft. and Unit 111: 1,173 Sq. Ft.)Zoning: OX-3, Year Built: 2005, Building Type: All-brick construction, Parking: 4 spaces.
Property Highlights - Prime Location: Situated in the highly desirable North Raleigh area, offering excellent visibility and accessibility. Newly Renovated: Modern, move-in-ready office condo with high-end finishes, including crown molding throughout.
Flexible Layout: Currently combined as a single 2,346 Sq. Ft. unit, featuring:
Spacious waiting area, 8 large individual offices, a Kitchen with refrigerator and microwave, and 2 bathrooms.
Dividable Option: This condo can be easily divided into two independent 1,173 Sq. Ft. office suites, Unit 101 and Unit 111. Each unit has its own electrical breaker panel and hot water heater. Utilities are billed separately for each unit. Estimated cost to install a demising wall: approximately $20,000 (engineering, permitting, and construction).
Market Rents: Comparable office condos in the area command average asking rents of $22.50 to $26 per Sq. Ft. Modified Gross. Investment Potential: Ideal for owner-occupants or investors seeking stable rental income in a high-demand market. Appraisal: Current appraisal valued at $685,000 (documentation available). 2024 Property Tax $2,972.93 per unit. CAS manages HOA - Community Association Services (919) 788-9911 HOA Dues: $683.65 per unit per quarter X Two units = $1,367.30 for both units combined per quarter. The water bill is included in the HOA fees for both units. Condition: Well-maintained, new carpet, new paint, new refrigerator, new microwave, new dishwasher, contemporary office space in a professional all-brick building. One of the HVAC Units was replaced on 6/21/2024. Location Benefits: Convenient access to RDU Airport and major roads such as Interstate 440 and 540, with plenty of amenities, including restaurants, shopping, and medical facilities, surrounding this location. Contact us today to schedule a viewing or request additional information about this exceptional commercial office opportunity!

Location

State NC

County Wake

Zoning OX-3

Interior

Heating Forced Air,Heat Pump

Cooling Central Air

Flooring Carpet

Laundry In Bathroom,In Unit,Lower Level,Multiple Locations

Exterior

Utilities Available Cable Available,Electricity Available,Phone Available,Septic Connected,Water Connected

Roof Type Shingle

Building

Building Description Brick,Frame,Glass, Cable TV,High Speed Internet,Total Area Cooled

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick,Frame,Glass

New Construction No

Others

Special Listing Condition Standard

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