711 N Person

Raleigh, NC

Building

Summary

Site Size 0.39 Acres
Building Size ±3526 SF
Zoning NX-3-SH
Future Land Use Mixed-Use
Parking 20+
Market Downtown Raleigh

Avison Young is pleased to present one of the best value add acquisition opportunities in Downtown Raleigh. 711 N. Person Street is within the Person Street Village on the North side of downtown, adjacent to several prestigious historic neighborhoods such as Oakwood and Mordecai, and within easy walking distance to Smokey Hollow, Seaboard Station, William Peace University and over 1,000 new apartment units.

The Person Street Village is experiencing a rapid renaissance due to the booming interest on the North side of downtown. Numerous restaurants and retailers have recently located within the Village such as the Crawford & Co. restaurant, a James Beard winner.

The building’s storefront is separated into two spaces, offering the option for multi-tenancy or an owner-user occupant. In addition, the building has a drive in basement of ±3,500 SF — providing an ideal space for a speakeasy, fitness and training facility, creative studio storage or warehouse use.

Potential Opportunities

Boutique Retailers: Ideal for unique, locally-owned shops looking to attract a diverse customer base.

Cafes and Restaurants: Perfect for trendy cafes, bistros, and casual dining establishments that can benefit from the area’s foot traffic and vibrant dining scene.

Fitness and Wellness Centers: The vibrant mix of live, work, play in the surrounding area presents the opportunity to capitalize on the nearby residential and commercial areas.

Professional Services: Centrally located and well-served by public transportation, with easy access to major roads and highways.

Creative Studios: Ideal for art galleries, design studios, and co-working spaces that thrive in a culturally rich and dynamic environment.