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701 Mutual Ct
Raleigh, NC 27615

$2,100,000 USD

Office Condo For Sale  •  4,034 SF

Property Details

  • Property Type Office
  • Total Building Size 8,068 SF
  • Lot Size 1.79 AC
  • Building Class B
  • Year Built 2016
  • Tenancy Multiple
  • Zoning OX-4
31 Transit Score
54 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 100 Office 4,034 SF $2,100,000 USD
  • Unit Size: 4,034 SF
  • Condo Use: Office
  • Price: $2,100,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $520.58 USD
Description
The entire building is 8,068 Sq. Ft. 
The first floor, Suite 100, is for sale and consists of 4,034 sq. Ft. of Professional Office Space with many offices on the left and right side walls with an open area in the center of the building.
Suite 200, which is the entire second floor, is a financial planning company

Sale Notes
Prime Commercial Opportunity: Suite 100 at 701 Mutual Court, Raleigh, NC
Discover this exceptional property in the heart of North Raleigh, offering a unique opportunity for ownership in a thriving market.
Property Highlights:
•	Suite 100: Entire first floor of an 8,068 sq. ft. building. Suite 100 boasts 4,034 sq. ft. of premium space, formerly a Union Bank Building (restrictions apply: cannot operate as a bank for 5 years).
•	Location: Situated off Falls of Neuse Road and Strickland Road, near Hwy 540 in the bustling North Raleigh area.
Location Features:
•	Demographics:
o	68,972 residents within a 3-mile radius.
o	31,015 households within a 3-mile radius.
o	Median home value: $401,515 (within a 2-mile radius).
•	Traffic and Accessibility: Approximately 13,000 vehicles pass daily, ensuring visibility and convenience.
•	Just 9 miles to Downtown Raleigh and 12 miles to RDU International Airport.
•	Go Raleigh bus stop located in the cul-de-sac directly in front of the property.
Investment Details:
•	Wake County Tax Value for the entire building is: $3,196,680 
•	Parcel ID: 1708908294.
•	Zoning: Office Mixed Use (OX-4).
Why Choose 701 Mutual Court?
•	Prime Location: Set in a high-growth area of Raleigh, part of the dynamic Research Triangle region.
•	Unmatched Potential: Perfect for a business owner or investor looking to lease or utilize premium office space in a high-demand area.
•	Thriving Market: Positioned to benefit from Raleigh's booming real estate and business environment.
Don’t miss out on the opportunity to own a premier property in one of North Carolina’s most desirable cities. Schedule a showing today!

Description

701 Mutual Court Raleigh, NC, is located in the heart of North Raleigh. This building consists of 8,068 Sq. Ft. with each floor being 4,034 Sq. Ft. The first floor is for sale which consists of 4,034 Sq. Ft. This was a former bank building. There is a deed restriction that this cannot be a bank for 5 years. This is located near Hwy 540 and Falls of Neuse Road and Strickland Road, Raleigh, NC. Lots of traffic passes this location so there is a lot of exposure for your business here!  Make an appointment to come see this Amazing Opportunity!

Highlights

High Visibility
Lots of Windows with Natural Light and a Break Room
Open Floor Plan with individual offices on the left and right side of the building.

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) 18 min - 9.3 mi
AirportDriveWalkDistance
Raleigh-Durham International 19 min - 12.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Steve Gillooly 919-612-9885 Gillooly & Associates Realty, LLC
Steve Gillooly 919-612-9885 Gillooly & Associates Realty, LLC