Commercialraleigh.com Search Results

$785,000

An exceptional, low-maintenance investment opportunity to acquire a prime commercial retail condominium in Raleigh's highly trafficked Millbrook Lake Center. Offered at $785,000, this property features an established, long-term laundromat tenant generating immediate, reliable cash flow. Because the tenant owns the equipment and handles operational costs, this asset offers an investor a true "hands-off" passive stream of income. Financial & Investment Highlights Immediate Cash Flow: Generates a steady, predictable income of $5,000 per month ($60,000 annually) from day one. Strong Yield: Offering an attractive 7.64% gross capitalization yield at the current asking price. Absolute Passive Structure: The tenant owns 100% of the commercial laundromat equipment. Under the current agreement, the tenant is fully responsible for all equipment maintenance, property repairs, and any additional assessments, insulating the landlord from unexpected operational expenses. Strategic Location & Property Features Prime Raleigh Location: Situated in a high-visibility retail strip right off the bus line with easy access to US-1 and the I-440 beltline. Built-In Customer Base: Surrounded by dense, multi-family residential complexes and established neighborhoods, ensuring a permanent demand for the tenant's services and long-term viability for the location. Excellent Asset Condition: Modern, second-generation commercial buildout featuring tenant-controlled HVAC, updated storefront signage, and ample shared parking within the center. Property Overview Property Type: Retail Commercial Condominium Current Use: Tenant-Operated Laundromat Monthly Income: $5,000/month ($60,000/year) Maintenance & Expenses: 100% Tenant responsibility (Repairs, maintenance, and assessments) Financing Structure Seller Financing Potential: The owner is open to considering flexible owner-financing structures or creative deal structuring for well-qualified buyers with a substantial down payment. Inquire Today: Full lease details, condo association documents, and property specifics are available upon request. Contact the listing team directly to discuss terms or schedule a site visit.

10174433 MLS

An exceptional, low-maintenance investment opportunity to acquire a prime commercial retail condominium in Raleigh's highly trafficked Millbrook Lake Center. Offered at $785,000, this property features an established, long-term laundromat tenant generating immediate, reliable cash flow. Because the tenant owns the equipment and handles operational costs, this asset offers an investor a true "hands-off" passive stream of income. Financial & Investment Highlights Immediate Cash Flow: Generates a steady, predictable income of $5,000 per month ($60,000 annually) from day one. Strong Yield: Offering an attractive 7.64% gross capitalization yield at the current asking price. Absolute Passive Structure: The tenant owns 100% of the commercial laundromat equipment. Under the current agreement, the tenant is fully responsible for all equipment maintenance, property repairs, and any additional assessments, insulating the landlord from unexpected operational expenses. Strategic Location & Property Features Prime Raleigh Location: Situated in a high-visibility retail strip right off the bus line with easy access to US-1 and the I-440 beltline. Built-In Customer Base: Surrounded by dense, multi-family residential complexes and established neighborhoods, ensuring a permanent demand for the tenant's services and long-term viability for the location. Excellent Asset Condition: Modern, second-generation commercial buildout featuring tenant-controlled HVAC, updated storefront signage, and ample shared parking within the center. Property Overview Property Type: Retail Commercial Condominium Current Use: Tenant-Operated Laundromat Monthly Income: $5,000/month ($60,000/year) Maintenance & Expenses: 100% Tenant responsibility (Repairs, maintenance, and assessments) Financing Structure Seller Financing Potential: The owner is open to considering flexible owner-financing structures or creative deal structuring for well-qualified buyers with a substantial down payment. Inquire Today: Full lease details, condo association documents, and property specifics are available upon request. Contact the listing team directly to discuss terms or schedule a site visit.

2411 E Millbrook Rd Unit Suite 104, Raleigh

Seller Representative D-3 Realty Group

$499,000

Rare North Hills Opportunity | Prime Lot in an Exceptional Location Build your dream home in one of Raleigh's most desirable and established neighborhoods. This rare North Hills opportunity offers an exceptional value and the chance to create a custom residence in a premier location surrounded by mature trees and upscale homes. The property features a private setting with a wooded buffer, providing a sense of seclusion while remaining close to everything North Hills has to offer. Northbrook Country Club is located directly across the street, and the nearby Greenway is just a short walk away, offering easy access to outdoor recreation and scenic trails. Enjoy the convenience of being minutes from premier shopping, dining, entertainment, major commuter routes, and all the amenities that make North Hills one of Raleigh's most sought-after destinations. Whether you're looking to build your forever home or make a strategic investment, this is a rare opportunity to secure a homesite in an unbeatable location.

10172828 MLS

Rare North Hills Opportunity | Prime Lot in an Exceptional Location Build your dream home in one of Raleigh's most desirable and established neighborhoods. This rare North Hills opportunity offers an exceptional value and the chance to create a custom residence in a premier location surrounded by mature trees and upscale homes. The property features a private setting with a wooded buffer, providing a sense of seclusion while remaining close to everything North Hills has to offer. Northbrook Country Club is located directly across the street, and the nearby Greenway is just a short walk away, offering easy access to outdoor recreation and scenic trails. Enjoy the convenience of being minutes from premier shopping, dining, entertainment, major commuter routes, and all the amenities that make North Hills one of Raleigh's most sought-after destinations. Whether you're looking to build your forever home or make a strategic investment, this is a rare opportunity to secure a homesite in an unbeatable location.

Raleigh

Seller Representative EXP Realty LLC

$900,000

Here's your chance to build the custom home you've always envisioned with Sadler Construction on one of North Hills' most coveted lots! Nestled on a generous .38 acre homesite, this premier address puts you steps from North Hills' finest shopping, dining, and the North Hills Club. Sadler Construction is a premier custom builder specializing in Universal Design homes. Visit https://sadlerconstructionnc.com/ for more information or call Lee Goldstein 919-621-2911

10169695 MLS

Here's your chance to build the custom home you've always envisioned with Sadler Construction on one of North Hills' most coveted lots! Nestled on a generous .38 acre homesite, this premier address puts you steps from North Hills' finest shopping, dining, and the North Hills Club. Sadler Construction is a premier custom builder specializing in Universal Design homes. Visit https://sadlerconstructionnc.com/ for more information or call Lee Goldstein 919-621-2911

4517 Pitt St, Raleigh

Seller Representative Intrust Realty, Inc.

$1,250,000

Experience luxury living in the heart of North Hills and Midtown Raleigh with this exceptional custom home opportunity by Exeter Building Company. Choose one of Exeter's existing plans or collaborate with Exeter's award winning team to design a fully personalized residence. Located on one of the most desirable and walkable lots in North Hills, this property places you just steps from more than 130 shops, restaurants, fitness studios, and entertainment destinations, making it one of the premier luxury locations in Raleigh. Perfectly positioned for convenient access throughout the Triangle, this Midtown Raleigh address offers quick connectivity to Downtown Raleigh, Interstate 440, Interstate 40, Raleigh Durham International Airport (RDU), Research Triangle Park, North Raleigh, great schools, and recreational amenities.

10165536 MLS

Experience luxury living in the heart of North Hills and Midtown Raleigh with this exceptional custom home opportunity by Exeter Building Company. Choose one of Exeter's existing plans or collaborate with Exeter's award winning team to design a fully personalized residence. Located on one of the most desirable and walkable lots in North Hills, this property places you just steps from more than 130 shops, restaurants, fitness studios, and entertainment destinations, making it one of the premier luxury locations in Raleigh. Perfectly positioned for convenient access throughout the Triangle, this Midtown Raleigh address offers quick connectivity to Downtown Raleigh, Interstate 440, Interstate 40, Raleigh Durham International Airport (RDU), Research Triangle Park, North Raleigh, great schools, and recreational amenities.

117 Dartmouth Rd, Raleigh

Seller Representative Luxe Residential, LLC

$895,000

Rare find in North Raleigh! This 1.18-acre lot is in a prime location, just off Old Wake Forest Road. Surrounded by shopping centers, restaurants, and residential neighborhoods. Great spot to build your dream home — or explore the possibility of rezoning for commercial use if you're looking to start a business. So many options in one of Raleigh's most desirable areas!

10114017 MLS

Rare find in North Raleigh! This 1.18-acre lot is in a prime location, just off Old Wake Forest Road. Surrounded by shopping centers, restaurants, and residential neighborhoods. Great spot to build your dream home — or explore the possibility of rezoning for commercial use if you're looking to start a business. So many options in one of Raleigh's most desirable areas!

4600 Old Wake Forest Rd, Raleigh

Seller Representative All Good Real Estate

$900,000

±3,128 SF medical office condo in a prime Raleigh location, situated within a professionally managed and well-maintained office complex just off Six Forks Road. This single-story space offers an ideal layout for medical use, featuring four exam rooms, a spacious waiting area, receptionist's desk, procedure/lab room, lunch area, and private provider's office. The property is leased and generating consistent cash flow, presenting an attractive opportunity for investors or owner-occupants looking to acquire a stable, income-producing asset. Built in the 1980s, the office condo has been meticulously maintained, ensuring long-term usability and appeal. Located in close proximity to major retail and business hubs like North Hills, Creekside Crossing, and Midtown East, as well as convenient access to I-440, the property benefits from high visibility and accessibility in a high-demand area of Raleigh. Key Highlights: ±3,128 SF medical office condo Four exam rooms, procedure/lab room, waiting room, and provider's office Leased, generating strong cash flow Professionally managed and well-maintained property Prime location near I-440, North Hills, Creekside Crossing, and Midtown East Built in the 1980s, with ongoing maintenance This property offers a solid investment opportunity in one of Raleigh's most sought-after office locations.

10061625 MLS

±3,128 SF medical office condo in a prime Raleigh location, situated within a professionally managed and well-maintained office complex just off Six Forks Road. This single-story space offers an ideal layout for medical use, featuring four exam rooms, a spacious waiting area, receptionist's desk, procedure/lab room, lunch area, and private provider's office. The property is leased and generating consistent cash flow, presenting an attractive opportunity for investors or owner-occupants looking to acquire a stable, income-producing asset. Built in the 1980s, the office condo has been meticulously maintained, ensuring long-term usability and appeal. Located in close proximity to major retail and business hubs like North Hills, Creekside Crossing, and Midtown East, as well as convenient access to I-440, the property benefits from high visibility and accessibility in a high-demand area of Raleigh. Key Highlights: ±3,128 SF medical office condo Four exam rooms, procedure/lab room, waiting room, and provider's office Leased, generating strong cash flow Professionally managed and well-maintained property Prime location near I-440, North Hills, Creekside Crossing, and Midtown East Built in the 1980s, with ongoing maintenance This property offers a solid investment opportunity in one of Raleigh's most sought-after office locations.

3396 Six Forks Rd Unit 305-335, Raleigh

Seller Representative Elmore Realty, LLC

$1,450,000

SELLER WILL RETURN 3811 AND 3815 YADKIN DRIVE TO A SINGLE, 0.9 AC.+/- LOT IF DESIRED. 115 LF+/- of direct frontage on Crabtree Creek. - Seller obtained approval from the City of Raleigh to create two buildable lots that are outside of the flood hazard boundary. The 100-year floodplain boundary and lot lines are recorded at Wake County Deeds. - Homesites and driveway were designed for proposed built upon area (BUA) to be below the Citys threshold for stormwater control measure requirements. Stormwater management will not be required by the City of Raleigh as long as BUA remains below 38% of lot area(s). Approved BUAs are 4,112 SF for 3815 Yadkin Drive and 9,656 SF for 3811 Yadkin Drive. - Licensed soil scientist confirmed no flood prone soils exist above the floodplain boundary within the proposed limits of disturbance. Report is available. - Homesites were designed to maintain the natural setting along Crabtree Creek. Lots are wooded/vacant. - Building footprints are designed for approximately 2,200 SF in size. 3-stories (excludes basements). 40' height allowed by the UDO in R-4. No limit on building area. - Homesites are designed for lowest building elevation to be approximately twelve vertical feet above the 500-year floodplain elevation. Floodplain area may be utilized for active recreation space with an approved permit. - Public water is located within the Yadkin Road ROW. Public sewer is located along the northern, western, and southern property lines. - City of Raleigh Greenway located on southern side of Crabtree Creek 1 mile to North Hills shopping 0.5 mile to North Hills Park 0.5 mile to Glenwood Place (restaurants and office) - No Neighborhood Conservation Overlay - No Residential Infill Compatibility Rules - Seller has paid a fee-in-lieu to the City of Raleigh for future sidewalk installation by the City. - City will require the buyer to install four street trees prior to issuance of a building permit. - Seller will provide boundary and topo survey, site plan, grading plan, and utility plan.

10151634 MLS

SELLER WILL RETURN 3811 AND 3815 YADKIN DRIVE TO A SINGLE, 0.9 AC.+/- LOT IF DESIRED. 115 LF+/- of direct frontage on Crabtree Creek. - Seller obtained approval from the City of Raleigh to create two buildable lots that are outside of the flood hazard boundary. The 100-year floodplain boundary and lot lines are recorded at Wake County Deeds. - Homesites and driveway were designed for proposed built upon area (BUA) to be below the Citys threshold for stormwater control measure requirements. Stormwater management will not be required by the City of Raleigh as long as BUA remains below 38% of lot area(s). Approved BUAs are 4,112 SF for 3815 Yadkin Drive and 9,656 SF for 3811 Yadkin Drive. - Licensed soil scientist confirmed no flood prone soils exist above the floodplain boundary within the proposed limits of disturbance. Report is available. - Homesites were designed to maintain the natural setting along Crabtree Creek. Lots are wooded/vacant. - Building footprints are designed for approximately 2,200 SF in size. 3-stories (excludes basements). 40' height allowed by the UDO in R-4. No limit on building area. - Homesites are designed for lowest building elevation to be approximately twelve vertical feet above the 500-year floodplain elevation. Floodplain area may be utilized for active recreation space with an approved permit. - Public water is located within the Yadkin Road ROW. Public sewer is located along the northern, western, and southern property lines. - City of Raleigh Greenway located on southern side of Crabtree Creek 1 mile to North Hills shopping 0.5 mile to North Hills Park 0.5 mile to Glenwood Place (restaurants and office) - No Neighborhood Conservation Overlay - No Residential Infill Compatibility Rules - Seller has paid a fee-in-lieu to the City of Raleigh for future sidewalk installation by the City. - City will require the buyer to install four street trees prior to issuance of a building permit. - Seller will provide boundary and topo survey, site plan, grading plan, and utility plan.

38113815 Yadkin Dr, Raleigh

Seller Representative Compass -- Raleigh