Cleared Downtown Development Land
For Sale
$1,100,000
306 E Hargett Street, Raleigh, NC 27601
Commercial Sale, Raleigh, NC
Property SizeContact for details
Lot Size0.11 Acres
Days on Market296
Property Features for 306 E Hargett Street
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Not in a Subdivision
Standard status
Active
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
306 E HARGETT STREET
Tax Annual Amount
9670
Legal Description
306 E HARGETT STREET
Listing Agency:
Coldwell Banker HPW · Coldwell Banker Real Estate
(919) 876-8824
Listed By:
Marika La Sorsa
(919) 906-9560
Added: Oct 29, 2025
Changed: Aug 19
Last Checked: Aug 20 at 7:06PM
MLS# 10130352
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 for-sale commercial land parcel is approximately 0.11 acres and has been cleared, creating a build-ready site for a new development concept. The property is described as a “clean slate” following the prior use as a restaurant, with demolition already addressed so an operator can move directly into design and construction.
The land is positioned at the intersection of Hargett and Person Streets, with the listing noting the site is next to a paid parking lot. The address is 306 E Hargett Street in downtown Raleigh, Wake County, NC, with the remarks also referencing adjacency to Moore Square.
Given the cleared condition and downtown setting, the site is presented as suitable for a range of commercial or mixed-use uses, including boutique retail, mixed-use, office, or dining concepts. This offering is intended for buyers who want a build-ready urban parcel and the flexibility to plan new improvements on the property.
The land is positioned at the intersection of Hargett and Person Streets, with the listing noting the site is next to a paid parking lot. The address is 306 E Hargett Street in downtown Raleigh, Wake County, NC, with the remarks also referencing adjacency to Moore Square.
Given the cleared condition and downtown setting, the site is presented as suitable for a range of commercial or mixed-use uses, including boutique retail, mixed-use, office, or dining concepts. This offering is intended for buyers who want a build-ready urban parcel and the flexibility to plan new improvements on the property.
Key Highlights
- .11‑acre commercial land lot at the intersection of Hargett and Person streets in downtown Raleigh
- Cleared and ready to build; formerly a restaurant site with demolition already addressed
- Located on East Hargett Street, adjacent to Moore Square
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Cleared 0.11-acre commercial land parcel at a street intersection in downtown Raleigh, ready for new construction.
Where is this commercial land located?
The property is located at 306 E Hargett Street 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: .11‑acre commercial land lot at the intersection of Hargett and Person streets in downtown Raleigh; Cleared and ready to build; formerly a restaurant site with demolition already addressed; Located on East Hargett Street, adjacent to Moore Square
