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Bungalow Office Units
For Lease
$3,821/Mo

209 N Boylan Avenue, Raleigh, NC 27603

Five offices across two sides share a kitchen, with the option to lease the property as a whole or in separate spaces.

Space SizeContact for details
Property Size1,581 SF
Days on Market647

Property Features for 209 N Boylan Avenue

General Information

Standard status Active
Size 1,581 SF
Total Parking Spaces 4
Zoning ox7

Space & Availability

Divisible Yes
Space Use Office
Private Offices 5

Site & Location

Neighborhood 2c44021d-F2e4-479a-9c97-Dbad30500bb4

Amenities

shared kitchen
Crown Molding
Eat-in Kitchen
Smooth Ceilings
Track Lighting
Walk-In Closet(s)
Private Entrance
Rain Gutters

Building Details

Building Size 1,581 SF
Year Built 1910
Stories 1
Listing Agency: dallas pearce realty
Listed By: Dallas Pearce · License #37675
Source: Dallaspearcerealty
Added: Jan 21, 2025 Changed: Oct 25 Last Checked: Oct 29 at 8:15PM

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 dallas pearce realty

Rey
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Investment Insights

Based on property information with market context.

This 1,581-square-foot bungalow, built in 1910, is configured with five offices and two bathrooms. The two sides can be leased together or potentially as separate spaces, with a kitchen shared between them. Recent work includes fresh paint throughout, new flooring in both bathrooms and the kitchen, and new flooring in one office. Blinds and lighting have also been replaced throughout the property.

Zoned OX-7 for mixed use, the property has limited off-street parking. Glenwood South is walkable, and the Village District and downtown are accessible from the site. Tenants are responsible for electric, gas, water, sewer, and trash utilities.

Key Highlights

  • 1,581‑square‑foot office property built in 1910
  • Five offices and two bathrooms arranged across two sides
  • Potential to lease as one property or as two separate spaces with a shared kitchen

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Design Gallery Salon ... Hair Salon Salon Veritas Hair Salon

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant Mobile Phone Store Nursing Home Locksmith

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

NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,196
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Raleigh, NC

$26.32 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
20,168 SF
Avg Space Size

This space is priced 10% above the average of $26.32 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Five offices across two sides share a kitchen, with the option to lease the property as a whole or in separate spaces.
Where is this office unit located?
The property is located at 209 N Boylan Avenue Raleigh, NC.
What is the lease rate?
The lease rate is $3,821/Mo.
What are key features of this property?
This property features: 1,581‑square‑foot office property built in 1910; Five offices and two bathrooms arranged across two sides; Potential to lease as one property or as two separate spaces with a shared kitchen
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