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    Raleigh, NC
    Live - Work Space

    Raleigh, NC Live-work Space for Sale

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    Knightdale, NC Garner, NC Clayton, NC Fuquay Varina, NC Bailey, NC Wendell, NC Wake Forest, NC Cary, NC
    Mixed-Use Office Building
    Updated: Mar 6
    Mixed-Use Office Building

    405 Morson Street, Raleigh, NC 27601

    $845,000
    2,025 sqft 0.08 AC lot
    Prime location near Downtown Raleigh, offering convenient access to employment, restaurants, and retail.
    Zoned OX‑3 (Office Mixed Use) allowing for diverse commercial and mixed‑use applications.
    Redevelopment potential with the possibility of building up to three stories.
    Ideal for various uses including professional offices, creative studios, or small business headquarters.
    Situated in a rapidly growing urban area with ongoing redevelopment.
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 Morson Street, Raleigh, NC 27601

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    • Est. Cap Rate

      3.3%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $400K
      Suggested

    • Property Type

      Single Family Residence
      Built 1910
    View Property Analytics
    Office Mixed-Use Building
    Updated: Feb 17
    Office Mixed-Use Building

    405 Morson Street Unit 405, Raleigh, NC 27601

    $895,000
    2,025 sqft
    2,025 SF commercial building at 405 Morson St in Raleigh, NC
    OX‑3 (Office Mixed Use) zoning allows up to 3 stories
    Zoning supports a variety of commercial and mixed‑use applications
    Ideal for office users, investors, or future redevelopment
    Guest facilities: 3
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Raleigh, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Craftsman Live-Work Bungalow
    Craftsman Live-Work Bungalow

    1814 Chapel Hill Road, Durham, NC 27707

    $496,000
    1,922 sqft 0.30 AC lot

    1930s bungalow with office-institutional live-work potential, fireplace parlor, separate dining, and an unfinished walk-out basement.

    View details
    Wilson, NC Mixed-Use Opportunity
    Wilson, NC Mixed-Use Opportunity

    900 Douglas St S, Wilson, NC 27893

    $215,000
    3,000 sqft 0.27 AC lot

    Mixed-use property near Wilson stadium with commercial and residential potential.

    View details
    Live-Work Property with Ground-Level ADU
    Live-Work Property with Ground-Level ADU

    804 Madison Street, Durham, NC 27701

    $895,000
    2,450 sqft

    Flexible downtown live-work residence with a ground-level ADU and zoning flexibility for office or rental uses.

    View details
    Industrial Warehouse with Stadium Views
    Industrial Warehouse with Stadium Views

    900 Douglas St S, Wilson, NC 27893

    $215,000
    3,000 sqft 0.50 AC lot

    Warehouse on nearly half an acre, offering flexible live/work or commercial redevelopment concepts near the Wilson stadium.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Development Land Tract
    Waterfront Development Land Tract

    186 Zenker Road, Lexington, SC 29072

    $4,627,500
    77.12 AC lot

    Large waterfront tract on Gibson Pond with extensive shoreline and utility access for residential-style development planning.

    View details
    Commercially Zoned Vacant Lot
    Commercially Zoned Vacant Lot

    2710 12TH Street NE, Washington, DC 20018

    $564,200
    0.06 AC lot

    Vacant lot suitable for development or restaurant in Washington, DC.

    View details
    Prime Land with Black Horse Frontage
    Prime Land with Black Horse Frontage

    2443 South Black Horse, Williamstown, NJ 08094

    $375,000
    19.00 AC lot

    Approximately 19 acres with frontage on Black Horse Pike.

    View details
    Industrial Land with Man-Made Ponds
    Industrial Land with Man-Made Ponds

    645 Route 30, Clinton, PA 15026

    $215,000
    13.18 AC lot

    Zoned I-1 industrial land on 13.18 acres with 10 man-made ponds and a 1-bedroom, 1-bath residence onsite.

    View details

    Off-Market Properties in Raleigh, NC

    Consider similar Off-Market properties in Raleigh, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6320 Pleasant Pnes Dr
    OFFICE/RESIDENTIAL (MIXED USE)

    6320 Pleasant Pnes Dr, Raleigh, NC 27613-1915

    $510,000
    Estimated value
    1,927 sqft 0.69 AC lot
    View details
    1613 Ronald Dr
    OFFICE/RESIDENTIAL (MIXED USE)

    1613 Ronald Dr, Raleigh, NC 27609-6224

    $600,000
    Estimated value
    2,026 sqft 0.45 AC lot
    View details
    1410 Hillsborough St
    OFFICE/RESIDENTIAL (MIXED USE)

    1410 Hillsborough St, Raleigh, NC 27605-1829

    Value Estimation by Request
    3,838 sqft 0.24 AC lot
    View details
    720 Saint Marys St
    OFFICE/RESIDENTIAL (MIXED USE)

    720 Saint Marys St, Raleigh, NC 27605-1425

    Value Estimation by Request
    1,466 sqft 0.14 AC lot
    View details
    821 Wake Frst Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    821 Wake Frst Rd, Raleigh, NC 27604-1219

    Value Estimation by Request
    5,310 sqft 0.32 AC lot
    View details
    5511 Hillsborough St
    OFFICE/RESIDENTIAL (MIXED USE)

    5511 Hillsborough St, Raleigh, NC 27606-1535

    $2,550,000
    Estimated value
    3,211 sqft 0.66 AC lot
    View details
    1637 Glenwood Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    1637 Glenwood Ave, Raleigh, NC 27608-2319

    $1,205,000
    Estimated value
    2,929 sqft 0.31 AC lot
    View details
    1805 New Hope Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    1805 New Hope Rd, Raleigh, NC 27604-4715

    $600,000
    Estimated value
    1,240 sqft 0.87 AC lot
    View details
    608 Willard Pl
    OFFICE/RESIDENTIAL (MIXED USE)

    608 Willard Pl, Raleigh, NC 27603-1706

    Value Estimation by Request
    2,240 sqft 0.12 AC lot
    View details
    822 Wake Frst Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    822 Wake Frst Rd, Raleigh, NC 27604-1220

    $600,000
    Estimated value
    1,478 sqft 0.11 AC lot
    View details
    612 Peace St
    OFFICE/RESIDENTIAL (MIXED USE)

    612 Peace St, Raleigh, NC 27605-1520

    $655,000
    Estimated value
    1,194 sqft 0.11 AC lot
    View details
    711 Harvey St
    OFFICE/RESIDENTIAL (MIXED USE)

    711 Harvey St, Raleigh, NC 27608-2403

    $1,200,000
    Estimated value
    1,545 sqft 0.33 AC lot
    View details
    806 Gorman St
    OFFICE/RESIDENTIAL (MIXED USE)

    806 Gorman St, Raleigh, NC 27606-1908

    $595,000
    Estimated value
    1,982 sqft 0.31 AC lot
    View details
    444 Blount St Ste, Unit 107
    OFFICE/RESIDENTIAL (MIXED USE)

    444 Blount St Ste, Raleigh, NC 27601-2083

    Unit 107
    Value Estimation by Request
    928 sqft
    View details
    5014 2nd Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    5014 2nd Ave, Raleigh, NC 27609

    Value Estimation by Request
    2,362 sqft 0.56 AC lot
    View details
    718 Ln St
    OFFICE/RESIDENTIAL (MIXED USE)

    718 Ln St, Raleigh, NC 27603-1413

    Value Estimation by Request
    1,726 sqft 0.13 AC lot
    View details
    444 Blount St Ste, Unit 109
    OFFICE/RESIDENTIAL (MIXED USE)

    444 Blount St Ste, Raleigh, NC 27601-2083

    Unit 109
    Value Estimation by Request
    928 sqft
    View details
    7 Bloodworth St
    OFFICE/RESIDENTIAL (MIXED USE)

    7 Bloodworth St, Raleigh, NC 27601-1101

    Value Estimation by Request
    2,444 sqft 0.08 AC lot
    View details
    1212 Onslow Rd
    OFFICE/RESIDENTIAL (MIXED USE)

    1212 Onslow Rd, Raleigh, NC 27606-1956

    Value Estimation by Request
    1,596 sqft 0.83 AC lot
    View details
    615 Willard Pl
    OFFICE/RESIDENTIAL (MIXED USE)

    615 Willard Pl, Raleigh, NC 27603-1705

    $550,000
    Estimated value
    2,814 sqft 0.25 AC lot
    View details
    14 Boylan Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    14 Boylan Ave, Raleigh, NC 27603-1421

    $620,000
    Estimated value
    3,752 sqft 0.19 AC lot
    View details
    444 Blount St Ste, Unit 121
    OFFICE/RESIDENTIAL (MIXED USE)

    444 Blount St Ste, Raleigh, NC 27601-2083

    Unit 121
    $600,000
    Estimated value
    1,992 sqft
    View details

    Raleigh, NC Live-Work Space Market Trends and Statistics

    Explore 72 live-work space for sale in Raleigh, NC on our real estate platform. These investment opportunities span a total of 4,050 square feet of properties for sale, with an estimated market value of $1,740,000.

    Sale prices for live-work properties in Raleigh, NC start at $845,000, averaging $870,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 153
    Office buildings 59
    Medical Office Space 28
    Coworking space 16
    Creative space 9

    Demographics Overview

    Population 560K
    Population Growth (5Y) +2.6%
    Median Household Income $90,224
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Raleigh submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    27601 $870K

    Taxes & Financing

    Tax Rate (average for all types) 1.00%
    Property Tax per SF $8.87 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Wake County

    Residential Income

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