720 S Saunders St

For Sale

720 S Saunders St, Raleigh, NC 27603

This Raleigh property for sale is located at 720 S Saunders St. The general use of 720 S Saunders St is office and it incorporates 1,820 square feet of class B office space. The current listed sale price for 720 S Saunders St is $1,100,000. 720 S Saunders St is situated on a lot that is 0.16 acre in size.

Contacts

broker
Jim Harris

TradeMark Properties

Property Details

  • Property Type Office - General Office
  • Property Size 1,820 SF
  • Units 1
  • Lot Size 0.16 Acre
  • Building Class B
  • Year Built 1940
  • Date Updated Apr 15, 2025
Positioned on S Saunders Street, the building benefits from its a strong street presence and direct access to major thoroughfares, including I-40 and Downtown Raleigh. The property lies within close proximity to several key redevelopment zones, positioning it well for long-term appreciation and strong tenant demand. The surrounding area is experiencing a surge of commercial and residential investment activity, enhancing the asset’s potential for both immediate use and future growth. This prime location also offers unparalleled access to some of Raleigh’s most popular destinations, including Red Hat Amphitheater, CAM Raleigh, Transfer Co. Food Hall, and The Dillon mixed-use development. Additionally, it is within walking distance to Dorothea Dix Park, the city’s 300+ acre urban green space currently being transformed into a Central Park-style destination. The combination of location, accessibility, and surrounding amenities makes this property an attractive option for both users and investors seeking a high quality asset in an evolving market.This 1,820 square foot freestanding building sits on a rare 0.16-acre lot just outside Downtown Raleigh, offering a strategic investment opportunity in one of the city’s fastest-growing areas. The property features an open floor plan, two private restrooms, and ample on-site parking, making it adaptable for a wide range of commercial uses. Its freestanding nature provides operational flexibility and visibility that is increasingly rare in this dense, high-demand corridor.
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Highlights

  • By Right Usage: Small businesses and supporting residential communities.
  • Frontage: Parkway (Requires a heavily landscaped buffer between buildings and the roadway to ensure a continuous green corridor along the street.)
  • Land Class: Commercial
  • Max Stories: 3
  • Municipality: Raleigh
  • Utilities: City of Raleigh
  • Zone: NX-3-UL
  • Zoning Type: Neighborhood Mixed Use - Urban Limited

Getting around

  • 74/100

    Walk Score ®

  • 66/100

    Transit Score ®

  • 67/100

    Bike Score ®

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Location

  • City Raleigh, NC
  • Neighborhood Boylan Heights
  • Zip Code 27603
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    0.39 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
broker
Jim Harris

TradeMark Properties

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