715 Morgan St Raleigh, NC 27603
- Investment properties
- 2,000 SF
- 0.19 lot acres
Current Use by Public Records
- Michelle Helms / Nurse Practitioner
- Creasman Counseling, PLLC / Nurse Practitioner / Social Worker
- Aisha Al-Qimlass / Counselor
- Candice Mowrey / Counselor
Property Details for 715 Morgan St
- Year built
- 1910
- Lot size
- 0.19 lot acres
- Property size
- 2,000 SF
- Zone code
- OX-4
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 1703.06-38-5885 0072604
- APU
- 1703063858850072604
Description
This exceptional retail investment opportunity consists of two buildings totaling 2,000-4,634 square feet, situated on a combined .19-.23 acres at the intersection of West Morgan Street and St. Mary's Street in the heart of Downtown Raleigh, NC. The property features convenient on-site parking in both the front and rear, supplemented by ample free street parking. Access is provided via entrances on both West Morgan and St. Mary's Streets. The buildings are three stories each and boast an OX-4 zoning designation. A private, park-like setting graces the rear of the property. This location is surrounded by thriving residential and commercial developments, offering immediate proximity to a wealth of amenities. Within easy walking distance are numerous restaurants, bars, shops, Union Station, Nash Square, Glenwood South, and the Morgan Street Food Hall. The asking price for this remarkable property is $4,500,000. APN: 1703385885 1703385826.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Longitude
- -78.6508
- Latitude
- 35.7796
- CBSA code
- 39580
- CBSA name
- RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
