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3640 Bastion Ln 21,650 SF Retail Building Raleigh, NC 27604 For Sale
Investment Highlights
- Configured with five former movie theaters and a mezzanine level of offices.
- Offers 121 on-site parking spaces to support high-traffic uses.
- Flexible IND-1 zoning supports diverse commercial uses and adaptive reuse opportunities.
- Positioned near the I-440 Beltline and New Bern Avenue with strong regional connectivity.
- Located within a recognized retail and commercial corridor with robust traffic volumes exceeding 100,000 AADT.
Executive Summary
The site benefits from zoning under IND-1, providing flexibility for various commercial applications. Parking is abundant with 121 spaces, and accessibility is seamless via proximity to I-440 Beltline and New Bern Avenue—arterial routes linking the property to Raleigh’s core and the greater Triangle region. Surrounding traffic counts of more than 100,000 vehicles daily enhance visibility and long-term asset utility. This offering combines strong locational fundamentals with a structure suitable for repositioning to suit investor objectives.
Property Facts
Amenities
- 24 Hour Access
- Atrium
- Bus Line
- Conferencing Facility
- Freeway Visibility
- Signage
- Air Conditioning
- Balcony
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This 21,650 SF facility is available for lease and is designed to accommodate a wide range of uses, from entertainment and assembly to office conversion. The building includes multiple theater-style rooms ideal for training, events, or production uses, as well as on-site parking for 121 vehicles. A partial second floor offers additional office functionality. Access to Raleigh’s primary transportation corridors, I-440 and New Bern Avenue, ensures connectivity to the central business district and surrounding neighborhoods. The property sits within an established retail environment adjacent to Tower Shopping Center, positioning tenants to leverage both consumer traffic and strong surrounding demographics.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 21,650 SF | Retail | - | Now |
1st Floor
| Size |
| 21,650 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 21,650 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This 21,650 SF facility is available for lease and is designed to accommodate a wide range of uses, from entertainment and assembly to office conversion. The building includes multiple theater-style rooms ideal for training, events, or production uses, as well as on-site parking for 121 vehicles. A partial second floor offers additional office functionality. Access to Raleigh’s primary transportation corridors, I-440 and New Bern Avenue, ensures connectivity to the central business district and surrounding neighborhoods. The property sits within an established retail environment adjacent to Tower Shopping Center, positioning tenants to leverage both consumer traffic and strong surrounding demographics.
Nearby Major Retailers
Property Taxes
| Parcel Number | 1724.10-46-1030-000 | Improvements Assessment | $2,206,270 CAD |
| Land Assessment | $722,207 CAD | Total Assessment | $2,928,478 CAD |
Property Taxes
Presented by
3640 Bastion Ln
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