For Sale
$1,750,000

565 Person StRaleigh, NC 27604

.35-acre lot, Nx-3 zoning, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional .35-acre commercial land parcel presents a unique investment opportunity in Raleigh's desirable Mordecai neighborhood. Located at 565 N Person St, the property boasts excellent frontage on North Person Street, offering high visibility and accessibility. The zoning designation is Nx-3, permitting a wide range of retail and business uses, making it ideal for entrepreneurs and developers alike. The area is already thriving with numerous restaurants and retail establishments, ensuring a strong customer base and vibrant atmosphere. Currently utilized as a parking lot for Krispy Kreme, the lot has recently undergone improvements, including fresh asphalt and designated parking spaces. Note that the property is subject to a land lease agreement with Krispy Kreme. This prime location, combined with its flexible zoning and recent improvements, makes this a compelling opportunity for those seeking a high-impact commercial investment in a sought-after Raleigh neighborhood. The asking price for this exceptional property is $1,750,000. The property is situated in Wake County, North Carolina, with a zip code of 27604.

Highlights

  • 0.35-acre lot with North Person Street frontage in the Mordecai neighborhood.
  • Nx-3 zoning allows diverse retail and commercial uses.
  • Strong retail and restaurant presence in the immediate vicinity.
  • Currently used as Krispy Kreme employee and vehicle parking.
  • Recently paved and striped parking lot.
  • Subject to a land lease with Krispy Kreme.

Property Details for 565 Person St

Property type
Land
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Raleigh
County
Wake
State
North Carolina
Latitude
35.788463
Longitude
-78.634838
565 Person St, Raleigh, North Carolina

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565 Person St
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