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    Downtown Raleigh, NC Office Spaces 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
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    Downtown Raleigh Commercial Building
    Updated: Mar 9
    Downtown Raleigh Commercial Building

    405 Morson St, Raleigh, NC 27601

    Contact for pricing
    2,025 sqft
    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 building heights up to three stories permitted.
    Ideal for various uses including professional offices, creative studios, small business headquarters, or live‑work concepts.
    Situated in a rapidly growing urban area with steady growth and redevelopment.
    View details
    Flexible Office Building
    Flexible Office Building

    554 New Bern Ave, Raleigh, NC 27601

    Contact for pricing
    1,988 sqft

    Office-configured commercial building near Downtown Raleigh with flexible layout and prominent access on New Bern Ave.

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    Move-In Ready Full-Building Office
    Move-In Ready Full-Building Office

    111 W Hargett St, Raleigh, NC 27601

    Contact for pricing

    Move-in ready full-building office in downtown Raleigh at 111 W Hargett St.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Downtown Raleigh, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Ground-Floor Office Condominium Suite
    Ground-Floor Office Condominium Suite

    7406 Chapel Hill Road, Cary, NC 27513

    $255,000
    1,125 sqft

    Move-in-ready office suite with ground-floor access and recent capital improvements, including a newer HVAC system.

    View details
    Office Condo with Balcony
    Office Condo with Balcony

    1300 SE Maynard Road, Cary, NC 27511

    $325,000
    923 sqft

    Zoned OI, this 923 SF office condo features a balcony and accessible ramp approach in a central Cary location.

    View details
    Ground-Floor Office Condo Suite
    Ground-Floor Office Condo Suite

    7406 Chapel Hill Road, Suite K, Cary, NC 27513

    Contact for pricing
    1,125 sqft

    Well-maintained 1,125 SF office condominium with ground-floor access and recent capital improvements.

    View details
    Former Restaurant Conversion Opportunity
    Former Restaurant Conversion Opportunity

    712 SE Maynard Rd, Cary, NC 27511

    Contact for pricing
    2,923 sqft 0.89 AC lot

    Former Five Guys restaurant building on an outparcel with easy access, suitable for a variety of professional uses.

    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.

    Cleared Downtown Development Land Lot
    Cleared Downtown Development Land Lot

    306 E Hargett Street, Raleigh, NC 27601

    $1,100,000
    0.11 AC lot

    Cleared 0.11-acre commercial land parcel at a street intersection in downtown Raleigh, ready for new construction.

    View details
    Prime Downtown Raleigh Development Opportunity
    Prime Downtown Raleigh Development Opportunity

    12 North Tarboro Street, Raleigh, NC 27610

    $3,450,000
    0.97 AC lot

    Four prime lots in the heart of Downtown Raleigh.

    View details
    Glenwood South Development Opportunity
    Glenwood South Development Opportunity

    407-411 North Boylan Avenue, Raleigh, NC 27603

    $1,699,000
    4,492 sqft 0.26 AC lot

    Prime 0.26-acre site in Raleigh's vibrant Glenwood South district.

    View details
    TOD Zoning Redevelopment Land
    TOD Zoning Redevelopment Land

    3151 New Bern Avenue, Raleigh, NC 27610

    $12,000,000
    4.89 AC lot

    Rezoned for CX-12-UG-CU (TOD), allowing mixed-use development up to 16–20 stories with up to 928 units.

    View details

    Off-Market Properties in Downtown Raleigh, NC

    Consider similar Off-Market properties in Downtown 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.

    112 Blount St
    OFFICE BUILDING

    112 Blount St, Raleigh, NC 27601-1444

    Value Estimation by Request
    7,365 sqft 0.18 AC lot
    View details
    434 Fayetteville St
    OFFICE BUILDING (MULTI-STORY)

    434 Fayetteville St, Raleigh, NC 27601-1701

    $6,775,000
    Estimated value
    490,100 sqft 0.55 AC lot
    View details
    520 Harrington St
    OFFICE BUILDING

    520 Harrington St, Raleigh, NC 27601-2108

    $1,400,000
    Estimated value
    4,160 sqft 0.13 AC lot
    View details
    222 Person St
    OFFICE BUILDING

    222 Person St, Raleigh, NC 27601-1067

    $5,345,000
    Estimated value
    41,904 sqft 1.52 AC lot
    View details
    555 Fayetteville St
    OFFICE BUILDING (MULTI-STORY)

    555 Fayetteville St, Raleigh, NC 27601-3030

    $31,345,000
    Estimated value
    229,141 sqft
    View details
    333 Fayetteville St
    OFFICE BUILDING (MULTI-STORY)

    333 Fayetteville St, Raleigh, NC 27601-1747

    $17,670,000
    Estimated value
    167,580 sqft 0.28 AC lot
    View details
    131 Hargett St
    OFFICE BUILDING

    131 Hargett St, Raleigh, NC 27601-1439

    Value Estimation by Request
    3,000 sqft 0.04 AC lot
    View details
    227 Fayetteville St
    OFFICE BUILDING (MULTI-STORY)

    227 Fayetteville St, Raleigh, NC 27601-1574

    $14,995,000
    Estimated value
    107,944 sqft 0.26 AC lot
    View details
    112 Fayetteville St, Unit O
    OFFICE BUILDING

    112 Fayetteville St, Raleigh, NC 27601-1367

    Unit O
    Value Estimation by Request
    897 sqft 0.01 AC lot
    View details
    301 Fayetteville St
    OFFICE BUILDING (MULTI-STORY)

    301 Fayetteville St, Raleigh, NC 27601-1974

    $36,755,000
    Estimated value
    302,400 sqft
    View details
    200 Morgan St
    OFFICE BUILDING

    200 Morgan St, Raleigh, NC 27601-1562

    $6,775,000
    Estimated value
    20,658 sqft 0.66 AC lot
    View details
    817 New Bern Ave
    OFFICE BUILDING

    817 New Bern Ave, Raleigh, NC 27601-1660

    $960,000
    Estimated value
    5,208 sqft 0.37 AC lot
    View details
    111 Morgan St
    OFFICE BUILDING

    111 Morgan St, Raleigh, NC 27601-1335

    $2,925,000
    Estimated value
    20,828 sqft 2.12 AC lot
    View details
    130 Salisbury St
    OFFICE BUILDING

    130 Salisbury St, Raleigh, NC 27601-1344

    $2,150,000
    Estimated value
    6,000 sqft 0.07 AC lot
    View details
    205 Martin St
    OFFICE BUILDING

    205 Martin St, Raleigh, NC 27601-1323

    $725,000
    Estimated value
    4,605 sqft 0.23 AC lot
    View details
    213 Fayetteville St
    OFFICE BUILDING

    213 Fayetteville St, Raleigh, NC 27601-2918

    $1,995,000
    Estimated value
    6,423 sqft 0.06 AC lot
    View details
    815 New Bern Ave
    OFFICE BUILDING

    815 New Bern Ave, Raleigh, NC 27601-1601

    $895,000
    Estimated value
    3,988 sqft 0.14 AC lot
    View details
    127 Hargett St
    OFFICE BUILDING (MULTI-STORY)

    127 Hargett St, Raleigh, NC 27601-1393

    $3,070,000
    Estimated value
    48,118 sqft 0.29 AC lot
    View details
    5 Hargett St
    OFFICE BUILDING (MULTI-STORY)

    5 Hargett St, Raleigh, NC 27601-1357

    $13,150,000
    Estimated value
    72,332 sqft 0.17 AC lot
    View details
    507 Martin St
    OFFICE BUILDING

    507 Martin St, Raleigh, NC 27601-2028

    $665,000
    Estimated value
    4,590 sqft 0.06 AC lot
    View details

    Downtown Raleigh, NC Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Downtown Raleigh, NC, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 577,956 square feet of properties for sale, with an estimated market value of $49,656,496.

    Sale prices for office spaces in Downtown Raleigh, NC start at $179,900, averaging $1,342,067, and reaching up to $7,250,000 — 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 156
    Office buildings 63
    Medical Office Space 29
    Coworking space 16
    Creative space 11

    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
    27606 $495K
    27601 $651.7K
    27615 $663.3K
    27609 $670.9K
    27605 $859.8K

    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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