For Sale
$2,750,000

2510 Hillsborough StRaleigh, NC 27607

Prime Raleigh restaurant space, vacant, 7,800 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 7,800 square foot restaurant space at 2510 Hillsborough Street in Raleigh, North Carolina, is available for sale at $2,750,000 ($352.56/sq ft). The property, built in 1947, is currently vacant and zoned NX, offering significant potential for a new owner. Located in a vibrant area adjacent to North Carolina State University's campus and close to downtown Raleigh, this multi-tenant retail building benefits from high foot traffic and proximity to other retail establishments and restaurants. The flexible layout allows for an open-air concept, catering to various restaurant styles. The property's unique location presents a compelling opportunity. Furthermore, there's significant development potential, with plans allowing for up to a seven-story expansion, incorporating over 90 student housing bedrooms alongside ground-level retail space. Detailed plans for this expansion are available upon request. This is a rare chance to acquire a prime restaurant location in a high-demand area with substantial upside potential. The lease type is NNN. The property is situated in Wake County, NC, zip code 27607.

Highlights

  • 7,800 SF restaurant space for sale at $2,750,000 ($352.56/SF).
  • Vacant, NX-zoned building in Raleigh, NC (27607), built in 1947.
  • High foot traffic location near NC State University and downtown Raleigh.
  • Flexible layout suitable for various restaurant concepts; open-air options available.
  • Development potential: up to seven-story expansion with 90+ student housing units and ground-level retail (plans available).
  • NNN lease.

Property Details for 2510 Hillsborough St

Property type
Retail properties, Restaurants
Square Feet
7,800 SF
Year Built
1947

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.7880709
Longitude
-78.6683756
2510 Hillsborough St, Raleigh, North Carolina

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2510 Hillsborough St
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