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Office Suite with Hardwood Floors

627 W Lane Street #102, Raleigh, NC 27603

For Lease
$815/Mo

The office includes a storage closet and use of shared kitchen and bathroom facilities.

Space Size163 SF
Days on Market460

Property Features for 627 W Lane Street #102

General Information

Standard status Active
Size 163 SF
Net Rentable 163 SF

Space & Availability

Available Space 163 SF
Contiguous Space 163 SF
Space Use Office
Private Offices 1

Site & Location

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

Building Details

Building Size 162 SF
Year Built 1905
Stories 1
Listing Agency: Glenwood Agency, LLC
Listed By: Ann-Cabell Baum · License #224873
Source: Dallaspearcerealty
Added: Aug 7, 2025 Changed: Oct 30 Last Checked: Nov 8 at 2:59AM

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 Glenwood Agency, LLC

Rey
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Investment Insights

Based on property information with market context.

Office suite 102 offers an 11.8 x 13.8-foot workspace and a large storage closet within a restored 1905 building. Hardwood flooring, recent paint, and updated lighting complement shared kitchen and bathroom facilities.

The property is in Glenwood South, with walking access to dining and coffee options, including Iris Coffee two blocks away. Downtown, Wade Avenue, and Capital Boulevard are also accessible from the site.

Key Highlights

  • 11.8 x 13.8‑foot office suite with a large storage closet
  • Hardwood floors, recent paint, and new lighting
  • Shared kitchen and bathroom areas have been updated

Property Analytics

Current Use

Daniel T Tower ... Law Firm Journeys Hypnosis Alternative Medicine Practice Michele Cochrane Massage ... Alternative Medicine Practice Landmark Mortgage of Nc Loan Service HEIR | RALEIGH (Bike/Boat/Book/etc) Store

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
$9.06 /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

Market

Lease Benchmarks for Raleigh, NC

$26.07 /SF/Yr
Avg Asking Price
$2.5–$65.47 /SF/Yr
Price Range
19,574 SF
Avg Space Size

This space is priced 132% above the average of $26.07 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Raleigh, NC

$38.62 Jul
$36.51 Aug
$35.7 Sep
$26.13 Oct

Properties on Market for Office Units in Raleigh

Jul
Aug
Sep
Oct

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 - The office includes a storage closet and use of shared kitchen and bathroom facilities.
Where is this office unit located?
The property is located at 627 W Lane Street #102 Raleigh, NC.
What is the lease rate?
The lease rate is $815/Mo.
What are key features of this property?
This property features: 11.8 x 13.8‑foot office suite with a large storage closet; Hardwood floors, recent paint, and new lighting; Shared kitchen and bathroom areas have been updated
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