2510 Hillsborough StRaleigh, NC 27607

Property Details for 2510 Hillsborough St

Year built

1947

Property size (Sq ft)

7,800 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Raleigh

County

Wake

State

North Carolina

Latitude

35.7881

Longitude

-78.6684

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