306 E Hargett Street new to site Save Request In-Person Tour Request Virtual Tour
Raleigh,NC 27601
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10130352
Annual Tax Amount $9,669
Lot Size 4,791 Sqft
Property Sub-Type Unimproved Land
Property Description
Prime Development Opportunity in Downtown Raleigh! Raleigh, NC 27601Seize a rare opportunity to build your vision in the heart of one of the fastest-growing downtowns in the Southeast. This .11 acre commercial land lot is perfectly situated on East Hargett Street, a location with deep historical roots and now a dynamic corridor positioned for significant redevelopment and growth.
The Opportunity: Will be Cleared soon and Ready to Build Clean Slate: Formerly the site of a popular restaurant, the existing structure is being demolished following a fire, presenting a completely cleared lot ready for new construction. Save time and money on demolition, and jump straight into design and development. Ideal Size: At approximately $0.11$ acres, this parcel is perfect for a boutique retail, mixed-use, office, or dining concept designed to thrive in a high-density, urban environment. High-Growth Market: Adjacent to Moore Square. Downtown Raleigh's population has significantly increased, drawing in a young, highly educated demographic with an average individual income over $94,000.3 Capitalize on the demand for new residential, retail, and experiential spaces.
Location
State NC
County Wake
Building
Structure Type See Remarks
New Construction No
Others
Special Listing Condition Standard