Mixed-Use Building With Loading
1201 W Lenoir Street, Raleigh, NC 27603
For Sale
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Brick commercial building with demised suites, basement storage, and ramp-served loading access.
Property SizeContact for details
Days on Market58
Property Features for 1201 W Lenoir Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
Nowell Investment RE, Inc.
Listed By:
Ryan Shields · License NC #329034
Source:
Crexi
Added: Sep 14
Changed: Oct 26
Last Checked: Nov 10 at 6:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nowell Investment RE, Inc.
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Investment Insights
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This three-level brick commercial building is configured for flexible occupancy, with seven individually separated suites across the street and upper levels. The layout includes three street-level suites and four on the upper floor, while the basement provides approximately 4,121 SF of storage along with a loading dock and ramp access. The property can support a multi-tenant leasing approach, an owner-user arrangement with rental income, or reconfiguration for a single occupant, subject to applicable review.
The building is located in Boylan Heights, a National Register historic district west of downtown Raleigh. It is recognized as a contributing structure within the district and carries the legal description Lot 300, Boylan Heights Extension. Historic district and zoning considerations apply to future changes or redevelopment.
The building is located in Boylan Heights, a National Register historic district west of downtown Raleigh. It is recognized as a contributing structure within the district and carries the legal description Lot 300, Boylan Heights Extension. Historic district and zoning considerations apply to future changes or redevelopment.
Key Highlights
- Seven individually demised suites: three at street level and four on the upper floor
- Approximately 4,121 SF of basement storage
- Loading dock with ramp access
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
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Business Placement
Demographics for 27603, NC
54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Wake County, NC
Properties on Market for Mixed-use properties in Wake County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial building with demised suites, basement storage, and ramp-served loading access.
Where is this mixed-use property located?
The property is located at 1201 W Lenoir Street Raleigh, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Seven individually demised suites: three at street level and four on the upper floor; Approximately 4,121 SF of basement storage; Loading dock with ramp access
