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Historic Downtown Raleigh Retail Opportunity
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400 Fayetteville Street, Raleigh, NC 27601

Prime downtown location, historic building, vibrant nightlife, high walk score.

Property Size168,600 SF
Price / SF$0.00
Days on Market184

Property Features for 400 Fayetteville Street

General Information

Standard status Active
Size 168,600 SF
Property subtype Retail Space

Building Details

Year Built 1924
Listing Agency: NAI Tri Properties
Listed By: John Hibbits
Source: Naiglobal
Added: Jan 27 Changed: Jul 6 Last Checked: Jul 30 at 3:53AM

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 NAI Tri Properties

Investment Insights

Based on property information with market context.

Constructed in 1924, this property is situated in a prime downtown Raleigh location on Fayetteville Street. Formerly the Sir Walter Hotel, the building is listed on the National Register of Historic Places and is a Raleigh historic landmark. Designed by Raleigh architect James A. Slater, the property offers 168,600 square feet of retail space. The location benefits from vibrant nightlife and boasts a 94 Walk Score. The property will be delivered in warm, vanilla shell condition.

Key Highlights

  • Prime Downtown Raleigh location on Fayetteville Street
  • Former Sir Walter Hotel
  • On the National Register of Historic Places/Raleigh historic landmark

Property Analytics

Current Use

Sir Walter Apartments Housing Complex iSupportB2B Tech Support Center Royal Drug store ... Pharmacy PostScript Outreach Charitable Organization Brewgaloo Charitable Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Restaurant Bed & Breakfast Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,970
Businesses Nearby
Balanced
Demand for This Use

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

Market

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
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Similar Off Market Nearby

  • Infinite Petals — 555 Fayetteville St Suite 201, Raleigh, NC 27601
  • TG Floristry — 130 E Morgan St, Raleigh, NC 27601
  • Petale Florist — Due to Covid and riots- we are doing ONLINE orders, 19 W Hargett St, Raleigh, NC 27601
  • Kelly Odom Flowers — 102 Glenwood Ave, Raleigh, NC 27603
  • timothy & co. Hospitality Management Services — 131 e davie st unit 423, raleigh, nc 27601

Frequently Asked Questions

What type of property is this?
Storefront property - Prime downtown location, historic building, vibrant nightlife, high walk score.
Where is this storefront property located?
The property is located at 400 Fayetteville Street Raleigh, NC.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Prime Downtown Raleigh location on Fayetteville Street; Former Sir Walter Hotel; On the National Register of Historic Places/Raleigh historic landmark
More about this property
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