- For Sale $1,100,000
- Property Type Other
- Lot Size 4,791 SF
- Date Updated May 16, 2026
Description
Prime Development Opportunity in Downtown Raleigh! Raleigh, NC 27601Seize a rare opportunity to build your vision in the heart of one of the fastest-growing downtowns in the Southeast. This .11 acre commercial land lot is perfectly situated on East Hargett Street, a location with deep historical roots and now a dynamic corridor positioned for significant redevelopment and growth. The Opportunity: The land has been cleared and Ready to Build Clean Slate: Formerly the site of a popular restaurant, the existing structure is being demolished following a fire, presenting a completely cleared lot ready for new construction. Save time and money on demolition, and jump straight into design and development. Ideal Size: At approximately $0.11$ acres, this parcel is perfect for a boutique retail, mixed-use, office, or dining concept designed to thrive in a high-density, urban environment. High-Growth Market: Adjacent to Moore Square. Downtown Raleigh's population has significantly increased, drawing in a young, highly educated demographic with an average individual income over $94,000.3 Capitalize on the demand for new residential, retail, and experiential spaces.
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Contacts
Marika Lasorsa
Coldwell Banker Howard Perry and Walston
Location
Located at 306 E Hargett St, Raleigh, NC 27601, this property is part of the Downtown Raleigh neighborhood and Raleigh Durham market.
Contact Listing Broker
Marika Lasorsa
Coldwell Banker Howard Perry and Walston