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Alicia Rivera

aliciariverarealtor@gmail.com +1(919) 578-7891

Listed by Compass -- Raleigh

$ 1,800,000

Est. payment | -/mo

4,492 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

4,492 SqFt

Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 4,492 sqft

Price per Sqft $400

MLS Listing ID 10159858

Style House,Mixed Use,Multi Family,Other

Abv Grd Liv Area 4,492

Year Built 1910

Annual Tax Amount $17,928

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Unimproved Land

Source Triangle MLS

Property Description

Incredible development/renovation opportunity at Glenwood South, in the heart of Downtown Raleigh. A rare chance to build in one of the city's most active and desirable neighborhoods, with a high visibility location, strong foot traffic and walkable access to Raleigh's premier dining, nightlife, and entertainment. Two adjacent parcels (407 & 411 N. Boylan Ave) being sold together as one listing, offering a combined 0.26 acres (0.13 acres each) with three existing dwellings on the 2 lots totaling approx. 4,492 sqft. Zoned OX-3 (mixed-use, residential with business use), the site supports a wide range of uses including detached single-family, townhomes, condos/apartments, retail, office, or a combination of mixed-use development (ex. commercial on the ground floor, residential above). Parcels may be developed together or separately. Maximum building height is 3 stories under current zoning. Subject to NCOD overlay, which includes restrictions on roof pitch, setbacks, and similar design standards (see private agent remarks for details). Rezoning is possible and may allow for higher density or additional stories (several surrounding properties have already done so successfully). Utilities are available. All development potential is subject to final review and approval by surveyors, engineers, and the City of Raleigh. First photos of lots cleared + built on, are all virtually rendered!

Location

State NC

County Wake

Zoning OX-3

Direction Please use GPS for most accurate directions, thank you.

Interior

Interior Features Other

Heating Other

Cooling Other

Flooring Other

Laundry Other

Exterior

Exterior Feature Other

Fence Other

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Other

Street Surface Asphalt

Private Pool No

Building

Lot Description City Lot, Rectangular Lot, Zero Lot Line

Faces Please use GPS for most accurate directions, thank you.

Foundation Other

Sewer Public Sewer

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 1704.18400938 0044238 01 & 1704.18410023 0014

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

“As your trusted realtor, my job is to provide luxury service and expert advice to clients to ensure informed decisions are made during the buying, selling of properties! ”

+1(919) 578-7891

aliciariverarealtor@gmail.com

5960 Fairview Rd Suite 400, Charlotte, NC, 28210, United States

407 & 411 N Boylan Avenue Raleigh, NC 27603

Alicia Rivera

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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407 & 411 N Boylan Avenue