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    118 St, Unit Marys Raleigh, NC 27605

    For Lease
    $1,400 /Mo ($4 SF/Yr)

    COMMERCIAL - Raleigh, NC

    Type:Office
    Property size:
    3,546 SF
    Lot size:
    0.20 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 118 St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Interior features
    Entrance Foyer
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Free-Standing Refrigerator, Ice Maker, Microwave
    Size
    3,546 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Flooring type
    Hardwood

    HOMETOWNE REALTY GROUP (919) 550-7355 [email protected]

    Listing agent Elizabeth Danelle Bear Ancona (919) 827-3417

    Listing date Nov 2, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Office Space in Raleigh

    Located at 118 St. Mary's Street in Raleigh, North Carolina, this updated office building offers a commercial space for rent. The available office suite includes a waiting area, restroom, shared conference room, kitchen, and storage/business center. Situated in a desirable Raleigh neighborhood, the property is conveniently located close to shops and restaurants. Parking is available behind the building, and street parking is plentiful. The lease is full service, with the tenant responsible for providing their own private WiFi network. The property offers a quiet and charming office setting.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.650232
    Latitude
    35.782387

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    FAQs

    What type of property is this?
    Office space - Charming office building near shops and restaurants in Raleigh.
    Where is this office space located?
    The property is located at 118 St, Unit Marys Raleigh, NC.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: - Updated office building in a desirable Raleigh neighborhood.; - Full-service lease at $1,400/month (unfurnished), with furnished option available.; - Includes waiting area and restroom.
    (919) 827-3417
    Request Owner's contact information
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    Raleigh, NC 27605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 St, Unit Marys Raleigh, NC 27605
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