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615 W Peace St #110, Raleigh, NC 27605
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615 W Peace St #110, Raleigh, NC 27605
Sold for $900,000
615 W Peace St #110, Raleigh, NC 27605
Sold for $900,000
615 W Peace St #110, Raleigh, NC 27605
615 W Peace St #110, Raleigh, NC 27605
615 W Peace St #110, Raleigh, NC 27605
615 W Peace St #110, Raleigh, NC 27605

615 W Peace St #110 Raleigh, NC 27605

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0Saves

$900,000

CLOSED
Beds
Baths
Sqft
2,050
Acres
0.32
Year
2024
Close Date
May 16, 2025
Property Type
Commercial Sale
Sub Type
Retail
Per Square Foot
$439
Date Listed
Mar 25, 2025

Description of 615 W Peace St #110, Raleigh, NC 27605

Listing details for 615 W Peace St #110, Raleigh, NC 27605 : Fully Leased, Turnkey Investment Opportunity in Raleigh's Hottest District. Brand new, fully built-out retail unit at the 615 Peace luxury condo building in Glenwood South. Leased to Beem Light Sauna through 2034, offering long-term stability with 3% annual rent increases. Directly next to Starbucks and Mellow Mushroom. Priced competitively at a 7.5 CAP on existing rents. Extensive tenant improvements—including HVAC, plumbing, and electric— in place, making this a truly turnkey investment. Located in a high-visibility area with over 14,000 cars/day. A rare chance to own a fully leased retail unit in a prime location.
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Listing Updated : 06-19-2026 at 10:32 AM EDT
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Listing Provided By

David Gorman, 301-787-6039, Fathom Realty NC

Properties displayed may be listed or sold by various participants in the MLS

Source

Triangle, MLS, MLS#: 10084526

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Property History

DateEventPrice
5/16/2025
Sold
$900,000
$439/sqft
Source:Triangle, MLS #10084526
3/25/2025
Listed for sale
—
Source:Triangle, MLS #10084526

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The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
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615 W Peace St #110, Raleigh, NC 27605
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