16 W Martin St, Raleigh, NC 27601
- Office buildings
- 55,522 SF
- 0.11 lot acres
Current Use by Public Records
- Jordan Evia L / Law Firm
- ALPS Insights / (Bike/Boat/Book/etc) Store / Corporate Office
- 3Q Digital Raleigh / Advertising Agency / Marketing & Advertising
- 9miles Media / Advertising Agency / Marketing & Advertising
- The Brinkley Insurance Group / Insurance Agency
Property Details for 16 W Martin St
- Year built
- 1930
- Construction
- BRICK
- Lot size
- 0.11 lot acres
- Zone code
- DX-12
- Property type
- Office buildings
- APN
- 1703.34-67-7987 0073000
- APU
- 1703346779870073000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 22, 2019 | $12,500,000 | Capital Club Bldg Owner LLC | Arim Capital Club LLC | Trustees Deed · related | $8.8M · Coastal FCU |
| Oct 31, 2016 | — | Arim Capital Club LLC | Capital Club Properties LLC | Quit Claim Deed · related | — |
| Oct 31, 2016 | $7,400,000 | Arim Capital Club LLC | Capital Club Properties LLC | Grant Deed · related | $7.4M · Paragon Com'l Bk |
| — | — | Capital Club Properties LLC | — | Deed Of Trust · related | $2.2M · Fifth Third Bank |
| — | — | Capital Club Properties LLC | — | Deed Of Trust · related | $3.6M · First Charter Bank |
| — | — | Capital Club Properties LLC | — | Deed Of Trust · related | $200k · Southtrust Bank NA |
Description
The Capital Club, a distinguished 1929 landmark building designed by Frank B. Simpson, presents a unique opportunity for businesses seeking executive office space in the heart of downtown Raleigh, NC. Located at 16 W Martin Street, this Class B building offers a total of 55,522 square feet, encompassing two suites. Currently, there are 18,969 square feet of vacant space available, divisible into units ranging from a minimum of 686 square feet to a maximum contiguous space of 3,955 square feet. Ten individual suites are currently available for lease. The building's prime location in Wake County, zip code 27601, provides excellent access to Raleigh's vibrant business district and amenities. This iconic property seamlessly blends historical charm with modern functionality, offering tenants a prestigious address and a sophisticated work environment. The building's rich history and elegant design create a unique and memorable experience for both employees and clients. This is an exceptional opportunity to secure high-quality office space in a landmark building within a thriving urban center. Inquire today to learn more about the available suites and lease terms.
Value Estimations
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $10,830,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.64
- Latitude
- 35.7771
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
