Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    223 West St Raleigh, NC 27603

    Sponsored
    For Lease
    $22 SF/Yr

    Class A Office Suites, Flexible Sizes

    Lot size:
    34,290 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, Spaces The Dillon, offers 34,290 square feet of versatile workspace in Raleigh's vibrant Warehouse District. Located at 223 S West St, in Wake County, NC, 27603, this property boasts a variety of office configurations to suit diverse business needs. Options range from traditional office spaces to executive suites, coworking areas, and creative offices, with minimum divisible space starting at 50 square feet and maximum contiguous space up to 1,300 square feet. The building, renovated in 2019, features multiple tenants and includes elevators for convenient access. Its prime location provides easy access to Nash Square Park, museums, art studios, and a wealth of dining and entertainment options. This is an unparalleled opportunity to establish your business in a thriving, amenity-rich downtown Raleigh environment. The building's historic design blended with contemporary style creates an innovative and exciting work atmosphere. This property is perfect for businesses seeking a flexible and inspiring workspace in the heart of Raleigh.

    Property Features for 223 West St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,290 SF
    Class
    A
    Total Rate
    65151

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Coworking Non Reserve
    Size
    108 SF
    Rate per SF
    $22
    Space
    Coworking dedicated
    Size
    108 SF
    Rate per SF
    $27
    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $91
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $117
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $102
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF
    Rate per SF
    $63
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $109
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $92
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $91

    HighLights

    • Class A office building totaling 34,290 square feet in Raleigh's Warehouse District.
    • Located at 223 S West St, Wake County, NC 27603.
    • Offers various office configurations including traditional offices, executive suites, coworking spaces, and creative offices; divisible space from 50 to 1,300 square feet.
    • Renovated in 2019, with elevators and multiple tenants.
    • Prime location near Nash Square Park, museums, art studios, and numerous dining and entertainment options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mo’elle Photography & Video Photography Service Jennifer Reiner Real ... Real Estate Agent Tyler Technologies Software Company The Car Park Parking Garage

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Clothing Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6457158
    Latitude
    35.77752

    Nearby Similar for Lease

    • $16 SF/Yr
      12,981 SF

      Raleigh Industrial Flex Space Available

      Industrial flex space for lease in prime Raleigh location.
      1406 Smith Reno Rd, Raleigh, NC 27603
      View Details
    • $1,150 /Mo
      556 SF

      Raleigh Office Suite For Rent

      Second-floor office suite with reception area and kitchenette.
      6531 Creedmoor Rd, Raleigh, NC 27613
      View Details
    • $1,995 /Mo
      900 SF

      Raleigh Office Space For Rent

      First-floor office space near North Ridge Shopping Center.
      1100 Logger Ct, Raleigh, NC 27609
      View Details
    • $1,800 /Mo
      7,194 SF

      Raleigh Retail/Office Space Available

      Desirable Raleigh location, convenient to shopping, dining, and major routes.
      6014 Duraleigh Rd, Raleigh, NC 27612
      View Details
    • $1,900 /Mo
      1,059 SF

      Raleigh Office Space Sublet

      Short-term office space available in Raleigh, NC.
      5171 Glenwood Ave, Raleigh, NC 27612
      View Details
    • $2,025 /Mo
      25,500 SF

      Spacious Facility with Flexible Layout

      25,000 sq ft facility suitable for diverse uses.
      4400 Old Poole Rd, Raleigh, NC 27610
      View Details
    • $1,400 /Mo
      600 SF

      North Raleigh Office Space Available

      600 SF office space for lease in North Raleigh.
      5640 Six Forks Rd, Raleigh, NC 27609
      View Details
    • $1,975 /Mo
      1,941 SF

      Spacious 4-Bedroom Home For Rent

      Comfortable Raleigh home with large primary suite and 2-car garage.
      6005 Namozine Ct, Raleigh, NC 27610
      View Details
    • $1,995 /Mo

      Downtown Raleigh Condo For Rent

      Two-story condo in the heart of downtown Raleigh.
      258 E Davie St, Raleigh, NC 27601
      View Details
    • $1,995 /Mo
      1,440 SF

      Downtown Raleigh Condo with Courtyard

      Unique 2-story condo in the heart of Downtown Raleigh.
      258 E Davie St, Raleigh, NC 27601
      View Details
    • $3,100 /Mo
      1,420 SF

      Modern Apartment with Rooftop Terrace

      Stylish apartment with skyline views, chef's kitchen, and fast internet.
      712 E Edenton St, Raleigh, NC 27601
      View Details
    • $1,625 /Mo
      1,357 SF

      Charming Townhome with Private Courtyard

      Raleigh townhome with updated interior, natural light, and private courtyard.
      5132 Twelvepole Dr, Raleigh, NC 27616
      View Details

    FAQs

    What type of property is this?
    Office space - Class A Office Suites, Flexible Sizes
    Where is this office space located?
    The property is located at 223 West St Raleigh, NC.
    What is the lease rate?
    The lease rate is $22-$117 SF/Yr.
    What are key features of this property?
    This property features: Class A office building totaling 34,290 square feet in Raleigh's Warehouse District.; Located at 223 S West St, Wake County, NC 27603.; Offers various office configurations including traditional offices, executive suites, coworking spaces, and creative offices; divisible space from 50 to 1,300 square feet.
    Request Owner's contact information
    223 West St Raleigh, NC 27603
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    223 West St
    Raleigh, NC 27603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    223 West St Raleigh, NC 27603
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.