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Restaurant Condo For Sale • 4,808 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 120 | Retail | 4,808 SF | $2,071,000 USD | |
DescriptionRare ground floor restaurant, retail condominium, in downtown Raleigh for sale. It is only one of four commercial units at 400 West with 170 residential units above. Built in 2008, renovated in 2014 and a recently added kitchen in 2024; it sits along the bustling Glenwood South area. Sale NotesTenant invested at their sole cost to build out a commercial kitchen. 10 year 10 month lease; rent commencement started June 1, 2024 |
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This unique opportunity sits adjacent to the Smoky Hollow project, with the first downtown Raleigh Publix, nearly 42,000SF retail and two residential apartment towers. The historic Creamery redevelopment will add 41,400SF of retail, 280,000SF of Office at 404 Glenwood, and 306 residential units at Highline Glenwood. In addition, a One-Half acre public plaza.
| Prime location |
| Historic Redevelopment |
| Community Features |
| Unique opportunity |
| Mixed-Use Building |
| Modern Upgrades |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) | 2 min | 13 min | 0.7 mi |
| Cary Station (Piedmont - North Carolina by Train (NC Train)) | 17 min | - | 8.7 mi |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 22 min | - | 12.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Joni Barnes
Pinpoint Properties, LLC
Joni Barnes
Pinpoint Properties, LLC
