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    Raleigh, NC
    Creative Space

    Raleigh, NC Creative Space for Sale

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    Knightdale, NC Garner, NC Clayton, NC Fuquay Varina, NC Bailey, NC Wendell, NC Snow Camp, NC Wake Forest, NC
    Two-Story Creative Space
    Updated: Aug 11
    Two-Story Creative Space

    409 West Martin Street, Raleigh, NC 27603

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    20,683 sqft 0.57 AC lot
    20,683‑square‑foot two‑story building
    0.57‑acre lot with 13 surface parking spaces
    DX‑40 zoning within the City of Raleigh ETJ
    Former Contemporary Art Museum property
    Located in Raleigh’s Warehouse District
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Raleigh, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Mixed-Use Building with Vacant Lot
    Historic Mixed-Use Building with Vacant Lot

    127 Barnes Street W, Wilson, NC 27893

    $1,225,000
    4,050 sqft 0.06 AC lot

    Two-level property combines a commercial studio/gallery with upper-floor residential quarters.

    View details
    CBD Warehouse Property
    CBD Warehouse Property

    711 N 5th Avenue, Wilmington, NC 28401

    $3,995,000
    12,653 sqft 0.94 AC lot

    Industrial improvements with paved off-street parking and public water service.

    View details
    Warehouse Zoned CBD for Infill Redevelopment
    Warehouse Zoned CBD for Infill Redevelopment

    712 N 4th Street, Wilmington, NC 28401

    $3,995,000
    0.94 AC lot

    Warehouse site on a 0.94-acre assemblage, zoned CBD, with an existing industrial structure and public water service.

    View details
    Historic Live/Work Mixed-Use Building
    Historic Live/Work Mixed-Use Building

    127 Barnes W, Wilson, NC 27893

    $1,225,000

    Restored century-old brick building with a lower art studio/gallery and upper residential living quarters in downtown.

    View details

    Raleigh, NC Creative Space Market Trends and Statistics

    Explore 1 creative space for sale in Raleigh, NC on our real estate platform. These investment opportunities span a total of 20,683 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 152
    Office buildings 66
    Medical Office Space 32
    Coworking space 15
    Creative space 9

    Demographics Overview

    Population 560K
    Population Growth (5Y) +2.6%
    Median Household Income $90,224
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Raleigh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27601 $845K

    Taxes & Financing

    Tax Rate (average for all types) 1.00%
    Property Tax per SF $8.87 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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