Two-Storefront Retail
For Lease
$4,100/Mo
1514 S Saunders Street, Raleigh, NC 27603
Commercial Lease, Raleigh, NC
Space SizeContact for details
Lot Size0.20 Acres
Days on Market93
Property Features for 1514 S Saunders Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
NX-3
Standard status
Active
Size
1,640 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Description
Lob Prop Of J A Frye & Pt Alley Bm1947-77
Legal Description
Lob Prop Of J A Frye & Pt Alley Bm1947-77
Building Details
Year built
1951
Listing Agency:
Century 21 Triangle Group · Century 21 Real Estate
(919) 720-4217
Listed By:
Elmer Herrera Gonzalez · License #337340
(919) 523-2458
Added: Jun 4
Changed: Aug 19
Last Checked: Sep 4 at 6:06AM
MLS# 10172309
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.
This 1,640-square-foot retail property contains two storefront spaces along with an upstairs loft office that has its own entrance. A wraparound driveway and parking area support customer and staff access. Built in 1951, the building is zoned NX-3.
The property fronts U.S. 401 on South Saunders Street, a major commuter route south of Downtown Raleigh. I-40 and I-440 are readily accessible, while Downtown Raleigh and Dorothea Dix Park are nearby. The site is adjacent to Downtown South, a planned mixed-use development encompassing residential, office, entertainment, hospitality, and retail components.
The 0.2-acre property provides a compact retail configuration with separate upper-level office space and on-site vehicular access. Its position along the South Saunders corridor places the building within an area described as having new residential development and expanding commercial activity.
The property fronts U.S. 401 on South Saunders Street, a major commuter route south of Downtown Raleigh. I-40 and I-440 are readily accessible, while Downtown Raleigh and Dorothea Dix Park are nearby. The site is adjacent to Downtown South, a planned mixed-use development encompassing residential, office, entertainment, hospitality, and retail components.
The 0.2-acre property provides a compact retail configuration with separate upper-level office space and on-site vehicular access. Its position along the South Saunders corridor places the building within an area described as having new residential development and expanding commercial activity.
Key Highlights
- Two retail storefronts totaling 1,640 square feet
- Upstairs loft office with a separate entrance
- Wraparound driveway and on‑site parking
Property Analytics
Property Profile
Current Use
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
Explore this area
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
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
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 - Retail building with an upstairs loft office, separate entry, wraparound driveway, and parking area.
Where is this storefront property located?
The property is located at 1514 S Saunders Street Raleigh, NC.
What is the lease rate?
The lease rate is $4,100/Mo.
What are key features of this property?
This property features: Two retail storefronts totaling 1,640 square feet; Upstairs loft office with a separate entrance; Wraparound driveway and on‑site parking
