224 S Dawson St, Raleigh, NC 27601
For Sale
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This exceptional commercial property at 224 S Dawson St, Raleigh, NC, offers a unique blend of historic charm and modern functionality. Situated in the heart of Raleigh's Warehouse District, this two-story building, constructed in 1892 and renovated in 1950, boasts a total of 28,748 square feet of versatile space. The property is ideally suited for a variety of uses, including traditional office, creative office, and coworking spaces. Multiple tenancy options are available, with a minimum divisible space of 6,000 square feet and the possibility of leasing the entire 28,748 square feet contiguously. Located just blocks from the Raleigh Convention Center, this prime location benefits from the energy and vibrancy of the Warehouse District, known for its art galleries, studios, restaurants, and thriving nightlife. The building's rich history and central location provide an unparalleled opportunity for businesses seeking a unique and dynamic workspace within a highly sought-after area of downtown Raleigh. The property is situated in Wake County, NC, and offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a prominent presence in one of Raleigh's most exciting and rapidly developing neighborhoods. The building's adaptable space allows for customization to meet the specific needs of various businesses, making it an ideal choice for companies seeking a flexible and inspiring work environment. The zip code is 27601.
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Legal Aid of North Carolina-Raleigh office Law Firm
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North Carolina Justice Center Charitable Organization Social Service Agency
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NC Policy Watch Charitable Organization Social Service Agency
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Nc Justice & Community Development Center - Food Distribution Center Food Bank Charitable Organization
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DX-5 · Raleigh, NCRaleigh. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.