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Retail Storefront with Upstairs Loft
For Lease
$2,310/Mo

1512 S Saunders St, Raleigh, NC 27603

Two high-visibility storefronts plus an upstairs loft office with a separate entrance and convenient drive-up parking.

Space SizeContact for details
Days on Market73

Property Features for 1512 S Saunders St

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,859
Listing Agency: Century 21 Triangle Group
Listed By: Elmer Herrera Gonzalez · License #337340
Source: Exprealty
Added: Jun 4 Changed: Aug 8 Last Checked: Aug 15 at 10:46AM

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 Century 21 Triangle Group

Investment Insights

Based on property information with market context.

1512 and 1514 S Saunders Street present two retail storefront spaces designed for visibility and walk-in traffic, with a wrap-around driveway and parking to support convenient customer access. In addition to the storefront level, the building includes an upstairs loft office with a separate entrance, giving operators a flexible option for back-office use or a complementary workspace.

The property is located just south of Downtown Raleigh along a major commuter route at U.S. 401, with convenient access to I-40 and I-440. The site also sits adjacent to the Downtown South mixed-use development, a multi-phase project planned to add residential, office, entertainment, hospitality, and retail density to the area. The corridor is described as one of Raleigh’s fastest growing, with proximity to Downtown Raleigh and Dorothea Dix Park, along with numerous new residential developments along South Saunders.

This configuration can work well for retailers, service providers, restaurants, and neighborhood-focused businesses that want prominent storefront exposure paired with the option for an upstairs office. The separate entrance to the loft office supports operational flexibility while keeping customer access straightforward through the parking and driveway layout.

Key Highlights

  • Two retail storefront spaces at 1512 and 1514 S Saunders St (U.S. 401)
  • High‑visibility storefronts along a major commuter route with convenient access to I‑40 and I‑440
  • Wrap‑around driveway and on‑site parking for convenient drive‑up access

Property Analytics

Current Use

Iglesia Pentecostés Aposento ... Church

Suggested Use

Top Pick Real Estate Agency Electrical Service Barber Shop Nail Salon Computer & Electronic Repair Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,550
Businesses Nearby
Balanced
Demand for This Use

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

Market

Lease Benchmarks for Raleigh, NC

$30 /SF/Yr
Avg Asking Price
$30–$30 /SF/Yr
Price Range
2,010 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sam's Club Floral 2537 S Saunders St, Raleigh, NC 27603

Frequently Asked Questions

What type of property is this?
Storefront property - Two high-visibility storefronts plus an upstairs loft office with a separate entrance and convenient drive-up parking.
Where is this storefront property located?
The property is located at 1512 S Saunders St Raleigh, NC.
What is the lease rate?
The lease rate is $2,310/Mo.
What are key features of this property?
This property features: Two retail storefront spaces at 1512 and 1514 S Saunders St (U.S. 401); High‑visibility storefronts along a major commuter route with convenient access to I‑40 and I‑440; Wrap‑around driveway and on‑site parking for convenient drive‑up access
More about this property
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