Retail

Downtown Raleigh, NC Retail Properties & Spaces for Sale

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Knightdale, NC Garner, NC Clayton, NC Fuquay Varina, NC Bailey, NC Wendell, NC Snow Camp, NC Wake Forest, NC
Historic Downtown Raleigh Retail Opportunity
Updated: Jan 27
Historic Downtown Raleigh Retail Opportunity

400 Fayetteville Street, Raleigh, NC 27601

Contact for pricing
168,600 sqft
Prime Downtown Raleigh location on Fayetteville Street
Former Sir Walter Hotel
On the National Register of Historic Places/Raleigh historic landmark
94 Walk Score - enjoy the convenience of nearby amenities
Delivery in warm, vanilla shell
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Leased Mixed-Use Property
Updated: Apr 11
Leased Mixed-Use Property

601 E Lenoir St, Raleigh, NC 27601

Contact for pricing
Fully leased existing commercial spaces
More than 2 years remaining on each lease
Downtown Raleigh location at 601 E Lenoir St
Redevelopment concept includes 3‑story residential use
First‑floor retail included in stated redevelopment concept
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Ground-Floor Retail Space
Ground-Floor Retail Space

319 Fayetteville St, Raleigh, NC 27601

Contact for pricing

Fully leased commercial space occupies the ground floor of a renovated historic development in Raleigh’s Central Business District.

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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 3 Active listings in Downtown Raleigh, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Downtown Flex Space with Bar Area
Downtown Flex Space with Bar Area

105 Rand Mill Rd, Garner, NC 27529

Contact for pricing
4,919 sqft

Single-tenant property includes dock access, parking, and a configuration for bar and distillery operations.

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Garner Plaza Retail Center Offering
Garner Plaza Retail Center Offering

505-537 Plaza Circle, Garner, NC 27529

Contact for pricing
57,863 sqft

Fully leased retail center in growing Raleigh MSA.

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Mixed-Use Property with Open Floor Plan
Mixed-Use Property with Open Floor Plan

7724 Chapel Hill Rd, Cary, NC 27513

Contact for pricing
1,760 sqft

Open layout with two restrooms supports a range of business uses.

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Auto Service Center with 14 Bays
Auto Service Center with 14 Bays

508 E Chatham St, Cary, NC 27511

Contact for pricing

Fully conditioned service center includes 14 service bays and a 50-by-126-foot building footprint.

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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 Commercial Land
Cleared Commercial Land

306 E Hargett Street, Raleigh, NC 27601

$1,100,000
0.11 AC lot

Urban parcel positioned at the East Hargett and Person Street intersection in downtown Raleigh.

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Prime Development Land in Raleigh
Prime Development Land in Raleigh

1501 Carolina Pines Avenue, Raleigh, NC 27603

$5,200,000
8.44 AC lot

8+ acres in a desirable location near Downtown Raleigh.

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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.

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Prime Land in Garner, NC
Prime Land in Garner, NC

1015 Martin Branch Road, Garner, NC 27529

$799,000
3.30 AC lot

3.3 acres near I-40, ideal for commercial development.

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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.

104 Hargett St
RETAIL STORES (PERSONAL SERVICES)

104 Hargett St, Raleigh, NC 27601-1440

$380,000
Estimated value
1,344 sqft 0.03 AC lot
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601 Lenoir St
RETAIL STORES (PERSONAL SERVICES)

601 Lenoir St, Raleigh, NC 27601-2461

$575,000
Estimated value
380 sqft 0.14 AC lot
View details
Wilmington St
RETAIL STORES (PERSONAL SERVICES)

Wilmington St, Raleigh, NC 27601

$1,570,000
Estimated value
2,715 sqft
View details
225 Wilmington St
RETAIL STORES (PERSONAL SERVICES)

225 Wilmington St, Raleigh, NC 27601-1433

Value Estimation by Request
7,500 sqft 0.07 AC lot
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317 Morgan St, Unit 105
RETAIL STORES (PERSONAL SERVICES)

317 Morgan St, Raleigh, NC 27601-1567

Unit 105
$170,000
Estimated value
784 sqft 0.01 AC lot
View details
525 Blount St
RETAIL STORES (PERSONAL SERVICES)

525 Blount St, Raleigh, NC 27601

$1,150,000
Estimated value
736 sqft 0.07 AC lot
View details
227 Wilmington St
RETAIL STORES (PERSONAL SERVICES)

227 Wilmington St, Raleigh, NC 27601-1433

$400,000
Estimated value
2,470 sqft 0.05 AC lot
View details
216 Wilmington St
RETAIL STORES (PERSONAL SERVICES)

216 Wilmington St, Raleigh, NC 27601-1434

$745,000
Estimated value
3,076 sqft 0.05 AC lot
View details
112 Fayetteville St
RETAIL STORES (PERSONAL SERVICES)

112 Fayetteville St, Raleigh, NC 27601-1308

$510,000
Estimated value
2,700 sqft 0.12 AC lot
View details
114 Fayetteville St
STORE, RETAIL OUTLET

114 Fayetteville St, Raleigh, NC 27601-1308

$1,355,000
Estimated value
4,898 sqft 0.14 AC lot
View details
112 Fayetteville Str
RESTAURANT

112 Fayetteville Str, Raleigh, NC 27601-1367

$1,305,000
Estimated value
3,454 sqft 0.01 AC lot
View details
327 Davie St
RETAIL STORES (PERSONAL SERVICES)

327 Davie St, Raleigh, NC 27601-1702

$5,145,000
Estimated value
16,950 sqft 2.37 AC lot
View details
331 New Bern Ave
RETAIL STORES (PERSONAL SERVICES)

331 New Bern Ave, Raleigh, NC 27601-1417

$135,000
Estimated value
2,074 sqft 0.14 AC lot
View details
912 Hargett St
RETAIL STORES (PERSONAL SERVICES)

912 Hargett St, Raleigh, NC 27601-1634

$635,000
Estimated value
1,558 sqft 0.11 AC lot
View details
100 Person St
STORE, RETAIL OUTLET

100 Person St, Raleigh, NC 27601-1046

$365,000
Estimated value
1,472 sqft 0.18 AC lot
View details
525  St
RETAIL STORES (PERSONAL SERVICES)

525 St, Raleigh, NC 27601-2141

$940,000
Estimated value
1,708 sqft
View details
515 Blount St
RETAIL STORES (PERSONAL SERVICES)

515 Blount St, Raleigh, NC 27601-1827

$155,000
Estimated value
1,625 sqft 0.17 AC lot
View details
220 Davie St
RETAIL STORES (PERSONAL SERVICES)

220 Davie St, Raleigh, NC 27601-1737

$95,000
Estimated value
4,756 sqft 0.17 AC lot
View details
300 Edenton St
RESTAURANT

300 Edenton St, Raleigh, NC 27601-1018

$980,000
Estimated value
1,951 sqft 0.15 AC lot
View details
219  St
RETAIL STORES (PERSONAL SERVICES)

219 St, Raleigh, NC 27601-2369

$1,170,000
Estimated value
3,045 sqft 0.29 AC lot
View details
319 Fayetteville St, Unit 106
RETAIL STORES (PERSONAL SERVICES)

319 Fayetteville St, Raleigh, NC 27601-1392

Unit 106
$8,535,000
Estimated value
19,485 sqft
View details

Downtown Raleigh, NC Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Downtown Raleigh, NC, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 789,495 square feet of properties for sale, with an estimated market value of $14,748,659.

Sale prices for stores in Downtown Raleigh, NC start at $375,000, averaging $1,638,739, and reaching up to $3,712,288 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 42
Storefront properties 19
Automotive properties 4
Grocery and convenience stores 4
Showrooms 3

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
Raleigh - 27603 $1.4M
Durham - 27713 $3.3M

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)

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