Search
Two-Story Creative Space
New
For Sale
Contact for pricing

409 West Martin Street, Raleigh, NC 27603

Former museum property in Raleigh’s Warehouse District with surface parking and DX-40 zoning.

Property Size20,683 SF
Lot Size0.57 Acres
Days on Market3

Property Features for 409 West Martin Street

General Information

Standard status Active
Size 20,683 SF
Total Parking Spaces 13
Lot size 0.57 Acres
Property subtype SpecialPurpose
Zoning DX-40

Building Details

Buildings 1
Stories 2
Listing Agency: CBRE | Raleigh
Listed By: John Brewer
Source: Cbre
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 3:40AM

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 CBRE | Raleigh

Investment Insights

Based on property information with market context.

This two-story commercial building contains 20,683 square feet on a 0.57-acre site and includes 13 surface parking spaces. The property was previously occupied by the Contemporary Art Museum and is positioned for creative, cultural, retail, office, brewery, entertainment, or event-oriented uses identified in the offering materials.

Located at 409 West Martin Street in Raleigh’s Warehouse District, the property carries DX-40 zoning within the City of Raleigh ETJ. A 95 Walk Score adds a measurable access characteristic for users seeking a walkable urban setting. The address provides an established downtown context for a range of commercial concepts, subject to applicable approvals and operating requirements.

Key Highlights

  • 20,683‑square‑foot two‑story building
  • 0.57‑acre lot with 13 surface parking spaces
  • DX‑40 zoning within the City of Raleigh ETJ

Property Analytics

Current Use

CAM Raleigh Resort Citrix Cycle Station Freight Service

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Pharmacy Veterinary Clinic Garden Center

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

4,848
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

Market

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Creative space - Former museum property in Raleigh’s Warehouse District with surface parking and DX-40 zoning.
Where is this creative space located?
The property is located at 409 West Martin Street Raleigh, NC.
What are key features of this property?
This property features: 20,683‑square‑foot two‑story building; 0.57‑acre lot with 13 surface parking spaces; DX‑40 zoning within the City of Raleigh ETJ
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message