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Historic Multi-Suite Office Building
New
For Lease
$3,000/Mo

627 W Lane Street, Raleigh, NC 27603

Commercial Lease, Raleigh, NC

Space Size151 SF - 514 SF
Lot Size0.16 Acres
Days on Market3

Property Features for 627 W Lane Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning OX-3
Basement Crawl Space
Appliances Dishwasher, Refrigerator
Standard status Active
APN 170418401455000 0051738
Size 1,750 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description 220 N Boylan Ave
Tax Annual Amount 9522
Legal Description 220 N Boylan Ave

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

bathrooms
kitchen
weekly common-area cleaning

Building Details

Year built 1905
Floors in Building 1
Flooring type Hardwood
Listing Agency: Glenwood Agency, LLC
Listed By: Ann-Cabell Baum · License #224873
Added: Aug 27 Changed: Aug 28 Last Checked: Aug 29 at 1:06PM
MLS# 10189235

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 1,750-square-foot office property occupies a historic 1905 building with private suites that can be leased individually or combined. Available offices include Suite 105, measuring approximately 13.6' x 15.1' with a private front porch, Suite 106 at approximately 10' x 15.1', and Suite 107 at approximately 12.3' x 12.8'. Tenants share two bathrooms and a central kitchen equipped with a refrigerator and dishwasher. Hardwood flooring, central heating, central air, public water, and public sewer serve the property. Utilities and weekly common-area cleaning are included.

The building is located at the corner of N. Boylan and W. Lane Streets in Downtown Raleigh, just off Glenwood Avenue. The property is zoned OX-3, Office Mixed Use. On-street parking is available, with restaurants, coffee shops, and other amenities nearby. Suites are available the first week of October.

Key Highlights

  • 1,750 square feet in a historic 1905 office building
  • Suite 105 measures approximately 13.6' x 15.1' and includes access to a private front porch
  • Additional suites measure approximately 10' x 15.1' and 12.3' x 12.8'

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

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

$36.42 /SF/Yr
Avg Asking Price
$2.5–$371 /SF/Yr
Price Range
29,534 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Flexible private offices with shared amenities, utilities, and common-area cleaning included.
Where is this office units located?
The property is located at 627 W Lane Street Raleigh, NC.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 1,750 square feet in a historic 1905 office building; Suite 105 measures approximately 13.6' x 15.1' and includes access to a private front porch; Additional suites measure approximately 10' x 15.1' and 12.3' x 12.8'
More about this property
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