1117 Hillsborough St Raleigh, NC 27603

The offering includes a ±4,513 SF two-and-one-half story historic office building at 1117 Hillsborough Street, known as the "John W. Thompson House," and a ±1,829 SF duplex at 920 West Morgan Street, along with an on-site parking lot. The properties are located in Downtown Raleigh, with frontage on Hillsborough Street and West Morgan Street, situated midway between North Carolina State University, the Downtown Business District, and Glenwood South. The Thompson House, built in 1920 with significant renovations completed in 2004-2005, has historical significance as the residence of John W. Thompson, a noted Raleigh judge and civic leader from 1914 to 1934. It also housed the National Opera Company from the early 1950s until 2000. The total land area is ±0.48 acres. The properties are zoned NX-3 and have a private parking lot with 16 dedicated spaces, plus street parking for the office building, and a private parking lot with 4 dedicated spaces, plus street parking for the duplex. The duplex is fully occupied and includes one unit with 1 bed/1 bath and another with 3 beds/1 bath. Electricity is provided by Duke Energy, and water and sewer services are provided by the City of Raleigh.