Downtown Raleigh Development
For Sale
$1,100,000
306 E Hargett, Raleigh, NC 27601
Prime commercial land for development in downtown Raleigh.
Lot Size0.11 Acres
Days on Market275
Property Features for 306 E Hargett
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Commercial
Listing Agency:
COLDWELL BANKER HPW
(919) 876-8824
Listed By:
MARIKA LA SORSA
Source:
Corcoran
Added: Oct 29, 2025
Changed: Jul 6
Last Checked: Jul 30 at 9:01AM
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 COLDWELL BANKER HPW
Investment Insights
Based on property information with market context.
This 0.11-acre commercial land lot presents a development opportunity in downtown Raleigh. Situated on East Hargett Street, the location is positioned for redevelopment and growth. The site, formerly occupied by a restaurant, will be cleared soon, offering a clean slate for new construction. The parcel is suitable for boutique retail, mixed-use, office, or dining concepts designed for a high-density, urban environment. Downtown Raleigh has experienced population growth, attracting a young, educated demographic with an average individual income over $94,000. The location is adjacent to Moore Square.
Key Highlights
- Prime downtown Raleigh location on East Hargett Street, poised for redevelopment and growth.
- Cleared .11 acre commercial lot ready for immediate construction.
- Located in a high‑growth market.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 27601, NC
9,965
Population
4,874
Households
2
Avg Household Size
32
Median Age
49%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
5,536
Density / Sq Mi
$70,433
Median Household Income
$51,443
Median Earnings
$1,499
Median Rent
$572,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime commercial land for development in downtown Raleigh.
Where is this commercial land located?
The property is located at 306 E Hargett Raleigh, NC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Prime downtown Raleigh location on East Hargett Street, poised for redevelopment and growth.; Cleared .11 acre commercial lot ready for immediate construction.; Located in a high‑growth market.