Contacts

James Bailey

Lee & Associates

(919) 576-2514

Property Details

Property Type Office - General Office
Property Size 1,747 SF
Lot Size 0.12 Acre
Building Class B
Year Built 1910
Year Renovated 1990
Date Updated Apr 21, 2024

Located in the Glenwood South area in downtown Raleigh less than one mile from the North Carolina State Capitol.1,747 SF office for sale in on Glenwood Ave.Office building for sale/lease in the Glenwood South area in downtown Raleigh

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Highlights

SIZE: 1,747 SF
ACREAGE: 0.12 acres
NEARBY AMENITIES: Surrounded by restaurants and shops within walking distance (Walk Score 96)
ZONING: DX-3-SH
YEAR BUILT: 1910, renovated in 2017
PARKING: on street and 5 dedicated parking spaces behind the building

Attachments

Raleigh_221 Glenwood.pdf (PDF) opens in new window

Getting around

95/100
Walk Score ®
67/100
Transit Score ®
83/100
Bike Score ®

City Raleigh, NC
Neighborhood Glenwood
Zip Code 27603
Market Raleigh Durham

Points of Interest

Raleigh

0.46 miles
Cary

7.56 miles

Exxon

0.36 miles
Nash Square Charging Station

0.46 miles
Speedway

0.68 miles
Pullen Mart

0.94 miles
BP

1.37 miles
Exxon

1.48 miles
Resco

1.63 miles
Shell

1.63 miles
Exxon

1.75 miles
Exxon

1.80 miles

Bloc(83) Parking Deck

0.26 miles
Lot 5

0.29 miles
Citrix Parking Deck

0.31 miles
Lot 4

0.32 miles
Lot 2

0.37 miles
Deck 77

0.38 miles
Deck 75

0.38 miles
Lot 7

0.39 miles
Deck 76

0.40 miles
Lot 37

0.43 miles

AC Hotel by Marriott Raleigh Downtown

0.16 miles
Hampton Inn & Suites Raleigh Downtown

0.25 miles
Days Inn: Raleigh Downtown

0.28 miles
Holiday Inn Raleigh Downtown

0.28 miles
Hotel 83 Raleigh

0.29 miles
The Longleaf Hotel

0.30 miles
Friendship Inn Capitol

0.31 miles
DoubleTree by Hilton Hotel Raleigh - Brownstone - University

0.71 miles
Sheraton Raleigh Hotel

0.76 miles
Raleigh Guest Suites

0.76 miles

Publix

0.34 miles
Weaver Street Market

0.38 miles
The Fresh Market

0.73 miles
Wine Authorities

0.84 miles
Harris Teeter

0.95 miles
Target

1.21 miles
Larry's Supermarket

1.98 miles
Food Lion

2.16 miles
The Royal

2.40 miles
Big Lots

2.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

James Bailey

Lee & Associates

(919) 576-2514

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221 Glenwood Avenue, Raleigh, NC 27603 - Office Space

221 Glenwood Avenue is located at 221 Glenwood Avenue in Raleigh, NC 27603. The property was completed in 1910. This Raleigh office investment incorporates a total of 1,747 SF of B office space. Located in Glenwood, this commercial property is situated on a lot that is 0.12 Acre in size.

Within the same neighborhood, there is a total of 5,900,098 SF of available office space across 558 office spaces for lease. Including all property building classes and property grades, the average asking office rent per square foot in Glenwood is $28.47/SF/YR. At zip code level, leasing opportunities currently on the market include 20 office spaces that add up to a total of 717,698 SF. Office building sale prices in Glenwood average $2,323,026.

At city level, there are 58 commercial properties, of which 25 are office buildings of 50,000 square feet or larger. Of these properties, 12 office buildings have achieved LEED certification. Across the market, the average asking office rent per square foot in Raleigh is $28.47/SF/YR. Specifically, the average office rate for Class A office buildings is $30.15/SF/YR. For Class B office buildings the average rate is $26.65/SF/YR. For Class C office buildings the average rate is $16.51/SF/YR. Office building sale prices in Raleigh average $2,323,026.

221 Glenwood Avenue