118 St. Mary's Street, Raleigh, NC for sale

Investment Overview

Lee & Associates is pleased to present 118 St Mary’s Street, a rare opportunity to acquire a well-maintained, freestanding office building in one of Raleigh’s most desirable and accessible locations. Originally constructed in 1940 and extensively renovated in 2016, this two-story property offers an ideal environment for professional service firms seeking ownership in the urban core.

Investment Highlights

• ±3,546 SF on two stories
• Freestanding, inside-Beltline office building
• 0.2 acre site
• Seven parking spaces
• Prime Glenwood South location
• Basement storage
• New roof in 2024
• Walk score of 70
• Building to be delivered vacant at closing
• Seller willing to consider a short-term leaseback arrangement
• Sale Price: $2,300,000