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1117 Hillsborough St 4,631 SF Office Building Raleigh, NC 27603 $3,873,678 CAD ($836.47 CAD/SF)
INVESTMENT HIGHLIGHTS
- Frontage along Hillsborough Street and West Morgan Street.
- Private Parking Lot with 16 dedicated spaces + street parking.
- Significant renovations completed in 2004-2005.
EXECUTIVE SUMMARY
Free-standing office building and duplex for sale
±0.48 Acres in total, Zoned NX-3
GIS PIN: 1703292686
1117 Hillsborough Street: ±4,513 SF
Built in 1920, renovated in 2004
Private Parking Lot with 16 dedicated spaces + street parking
920 West Morgan Street: ±1,829 SF
Fully occupied
1 bed/1 bath & 3 bed/1 bath
Private Parking Lot with 4 dedicated spaces + street parking
Sale price: $2,775,000
±0.48 Acres in total, Zoned NX-3
GIS PIN: 1703292686
1117 Hillsborough Street: ±4,513 SF
Built in 1920, renovated in 2004
Private Parking Lot with 16 dedicated spaces + street parking
920 West Morgan Street: ±1,829 SF
Fully occupied
1 bed/1 bath & 3 bed/1 bath
Private Parking Lot with 4 dedicated spaces + street parking
Sale price: $2,775,000
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,631 SF
Building Class
B
Year Built
1920
Price
$3,873,678 CAD
Price Per SF
$836.47 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,316 SF
Building FAR
0.22
Lot Size
0.48 AC
Zoning
NX-3 - Neighborhood mixed use
Parking
15 Spaces (3.24 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 1703.05-29-2686-000 | Improvements Assessment | $197,986 CAD |
| Land Assessment | $2,993,824 CAD | Total Assessment | $3,191,810 CAD |
PROPERTY TAXES
Parcel Number
1703.05-29-2686-000
Land Assessment
$2,993,824 CAD
Improvements Assessment
$197,986 CAD
Total Assessment
$3,191,810 CAD
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1117 Hillsborough St
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