Listing Courtesy of: Steve Gillooly - Gillooly & Associates Realty
919-612-9885
$1,900,000
Calculate Payment
Calculate Payment
701 Mutual Court Unit 200 Raleigh, NC 27615
Office
Residence
Beds
Baths
...
Bed/Bath
4,034
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Prime office opportunity in North Raleigh at 701 Mutual Court. Only the second floor (Suite 200) is for sale. The first floor (Suite 100) is fully leased to Alpha Male Wellness and is not part of the offering. The building totals 8,068 square feet, and the available second floor consists of 4,034 sq...uare feet ready for customization. Suite 200 is in vanilla box condition and needs a full build-out, making it ideal for an owner-user who wants to design their space from the ground up. The suite needs sheetrock repair, full interior paint, completion of the framed conference room including sheetrock and doors, installation of two bathrooms in the rear center of the space, interior glass added to several offices facing the waiting area, and final HVAC distribution such as ductwork. The existing layout includes four large offices on the right side, a spacious open lobby and waiting area at the entrance, a large conference room behind the waiting area, three large offices on the left side, and a framed break room on the left-center. The suite was previously occupied by Union Bank, and bank use is restricted until December 18, 2028. The building features large lobbies, elevator access, and a professional presence in one of Raleigh's strongest and most resilient submarkets. The property sits just off Falls of Neuse Road and Strickland Road with easy access to Highway 540, Downtown Raleigh, and RDU International Airport. There is steady traffic flow in the area, strong surrounding demographics, and a GoRaleigh bus stop located directly in the cul-de-sac. Within a three-mile radius, the area includes nearly 69,000 residents and over 31,000 households, with a median home value above $400,000 in nearby neighborhoods. Wake County values the entire building at $3,196,680, and the parcel is zoned OX-4 (Office Mixed Use). This is a rare chance to purchase a full second floor in a well-located North Raleigh office building, perfect for an owner-user or investor seeking a customizable space in a high-growth market. Schedule your showing for Suite 200 at 701 Mutual Court today.
Continue reading
MLS#
10135558
Property Type
Office
Year Built
2016
Square Feet
4,034
sq. ft
Lot Size
1.79
Sewer
Sewer Connected, Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.