Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
118 St Mary's Street
Raleigh, NC 27605
Asking Price
$2.30M
Asset Type
Traditional Office Office
Class
Class B
What's Special
Office | 3,546 SqFt <ul><li>±3,546 SF on two stories</li><li>Freestanding, inside-Beltline office building</li><li>0.2 acre site</li><li>Seven parking spaces</li><li>Prime Glenwood South location</li><li>Basement storage</li><li>New roof in 2024</li><li>Walk score of 70</li><li>Building to be delivered vacant at closing</li><li>Seller willing to consider a short-term leaseback arrangement</li><li>Sale Price: $2,300,000</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
3.48%
DSCR
0.59
Underwater
Cash-on-Cash
-8.20%
Monthly Payment
$11,379.145
Annual Cash Flow
$-56,549.741
