Buy a Multi-Family Property

FOR SALE or LEASE - 2,135 SF Retail/Office on Glenwood and Washington

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$350,000.00

Address

1020 Glenwood Avenue
Raleigh, NC 27605

Overview

Outstanding Inside the Beltline location at the corner of Glenwood Avenue and Washington Street, across from Fred Fletcher Park.

The top floor is finished shell awaiting tenant improvements (heated, cooled, sheetrocked, painted and bathroom) and the bottom floor is unfinished storage. This is an ideal space for the small office or retail user wanting to be close to downtown and in one of Raleigh's oldest neighborhoods. Great for an architect, insurance agent, graphic design company, or neighborhood coffee shop.

Main floor and basement storage can be rented individually or together at discount of $1,700/mo.


View tax records 


Unit Information

UnitSizeTypeLeaseRent
FIRST FLOOR 1,055 SF FINISHED SHELL (HEATED and COOLED)   $1,350/MO
STORAGE - BOTTOM FLOOR 1,080 SF UNFINISHED STORAGE (NOT HEATED OR COOLED)   $450/MO
TOTAL 2,135 SF $1,800/MO

Property Information

PIN
1704438657
Year Built
1925
Tax Value
$226,764
Taxes
$2,058 in 2008 (LANDLORD PAYS)
Lot Size
.13 ACRES
Insurance
$1,124 in 2008 (LANDLORD PAYS)
Utilities
TENANT PAYS ELECTRICITY
Zoning
R-30
Exterior
BRICK
Foundation
SLAB
Legal Description
LOT 24 and 25 GLENWOOD BL4, BM 1885-86
Floors
TOP: WOOD SUBFLOOR; BOTTOM: SLAB
HVAC
HEAT PUMP