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615 Peace St #110, Raleigh, NC 27605
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615 Peace St #110, Raleigh, NC 27605
615 Peace St #110, Raleigh, NC 27605
615 Peace St #110, Raleigh, NC 27605
615 Peace St #110, Raleigh, NC 27605
615 Peace St #110, Raleigh, NC 27605
615 Peace St #110, Raleigh, NC 27605

615 Peace St #110 Raleigh, NC 27605

$900,000

CLOSED
Beds
Baths
Sqft
2,050
Acres
0.32
Year
2024
Days on Site
475 Days
Property Type
Commercial Sale
Sub Type
Retail
Per Square Foot
$439
Date Listed
Mar 25, 2025

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

Listing details for 615 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

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 data relating to real estate for sale on this web site comes in part from the Internet Data ExchangeTM Program of the Triangle MLS, Inc. of Cary. Real estate listings held by brokerage firms other than Raleigh Realty Inc are marked with the Internet Data Exchange TM logo or the Internet Data ExchangeTM thumbnaillogo (the TMLS logo) and detailed information about them includes the name of the listing firms.

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615 Peace St #110, Raleigh, Nc 27605
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