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Retail Storefronts with Loft
For Lease
$2,310/Mo

1512 S Saunders Street, Raleigh, NC 27603

Commercial Lease, Raleigh, NC

Space SizeContact for details
Lot Size0.20 Acres
Days on Market93

Property Features for 1512 S Saunders Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning NX-3
Standard status Active
APN 170318319759000 0025252
Size 924 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description Lob Prop Of J A Frye & Pt Alley Bm1947-77
Tax Annual Amount 4859
Legal Description Lob Prop Of J A Frye & Pt Alley Bm1947-77

Amenities

wrap-around driveway/parking
upstairs loft office with separate entrance

Building Details

Year built 1951
Floors in Building 1
Listing Agency: Century 21 Triangle Group · Century 21 Real Estate
Listed By: Elmer Herrera Gonzalez · License #337340
Added: Jun 4 Changed: Aug 19 Last Checked: Sep 4 at 2:06PM
MLS# 10172303

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Available for lease, this 924-square-foot retail property contains two storefront spaces within a building constructed in 1951. The configuration includes an upstairs loft office with its own entrance, along with a wrap-around driveway and parking area. NX-3 zoning applies to the property.

The site is located at 1512 S Saunders Street along U.S. 401, just south of Downtown Raleigh. I-40 and I-440 are conveniently accessible, while the property is adjacent to the Downtown South mixed-use development. Dorothea Dix Park and residential development along the South Saunders corridor are also nearby.

Key Highlights

  • Two retail storefront spaces in a 924‑square‑foot building
  • Upstairs loft office with separate entrance
  • Wrap‑around driveway and parking

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

410
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
36,260 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 storefront spaces include an upstairs loft office, separate entry, and wrap-around driveway parking.
Where is this storefront property located?
The property is located at 1512 S Saunders Street 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 in a 924‑square‑foot building; Upstairs loft office with separate entrance; Wrap‑around driveway and parking
More about this property
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