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About This Home

This 0-bedroom, 0-bathroom commercial at 306 E Hargett Street in Raleigh, NC is listed for $1,100,000. on a 0.11 acres lot.

Agent Description

Prime Development Opportunity in Downtown Raleigh! Raleigh, NC 27601Seize a rare opportunity to build your vision in the heart of one of the fastest-growing downtowns in the Southeast. This .11 acre commercial land lot is perfectly situated on East Hargett Street, a location with deep historical roots and now a dynamic corridor positioned for significant redevelopment and growth.

The Opportunity: Will be Cleared soon and Ready to Build Clean Slate: Formerly the site of a popular restaurant, the existing structure is being demolished following a fire, presenting a completely cleared lot ready for new construction. Save time and money on demolition, and jump straight into design and development.

Ideal Size: At approximately $0.11$ acres, this parcel is perfect for a boutique retail, mixed-use, office, or dining concept designed to thrive in a high-density, urban environment. High-Growth Market: Adjacent to Moore Square. Downtown Raleigh's population has significantly increased, drawing in a young, highly educated demographic with an average individual income over $94,000.3 Capitalize on the demand for new residential, retail, and experiential spaces.

Key Features

  • 0.11 acre lot

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

306 E Hargett Street

Raleigh, NC 27601

Not in a Subdivision

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 306 E Hargett Street is listed at $1,100,000. The estimated monthly payment is $4,767 based on 20% down at 6.5% interest.

Key features include: 0.11 acre lot.

This property is listed by Marika La Sorsa and can be reached at 9199069560 or lasorsam@hpw.com.

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MS

Marika La Sorsa

Agent at Coldwell Banker HPW

(919) 906-9560

Listed by Coldwell Banker HPW

MLS# 10130352· Source: listhub· Updated 163 days ago

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306 E Hargett Street, Raleigh, NC 27601

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