- Photos
- 1 of 20
Apartments For Lease • 3,630 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 110-111 | Retail | 3,630 SF | $27.50 USD/SF/YR | |
Rare downtown Raleigh Live • Work • Play opportunity at Palladium Plaza featuring a beautifully built-out 2,445± SF retail studio condo (Unit 110) paired with an adjacent 1,185± SF residential condo (Unit 111). Unit 110 may be leased separately and is currently configured as a premium hot yoga / wellness studio featuring specialized heating systems, reception area, elevator access to the second floor, premium locker rooms, showers, and high-end finishes throughout. Existing improvements create substantial value for wellness, fitness, boutique studio, medical wellness, creative office, or specialty retail operators. Potential turn-key uses include: Hot Yoga, Pilates, Dance, Wellness, Med Spa, Massage Therapy, Boutique Fitness, Personal Training, Physical Therapy, Creative Studio, Specialty Retail, or Professional Office. The open floor plan and existing buildout also provide a flexible blank canvas for a wide variety of retail, studio, office, or service uses. Unit 111 is an adjacent luxury 1-bedroom, 1.5-bath residential condo featuring a full kitchen, spacious living room, private balcony, private street-level entrance, and reserved parking. Ownership prefers to lease both units together and will not lease the residential condo separately unless Unit 110 is leased first to a tenant who does not require the residential component. This offering is also available for sale. Both units may be purchased together as a combined Live • Work • Play opportunity, while the retail unit may also be sold separately. Located in one of downtown Raleigh’s most walkable neighborhoods near Moore Square, Transfer Co. Food Hall, Fayetteville Street, restaurants, parks, entertainment, and major downtown employers. Nearly 20,000 residents live within one mile with average household incomes exceeding $124,000. Tours by appointment only. Do not disturb the tenant.
|
||||
ROPERTY DESCRIPTION Rare downtown Raleigh Live • Work • Play opportunity at Palladium Plaza located at 444 S. Blount Street in the heart of the Capital District. The offering includes: • Unit 110 – 2,445± SF retail studio condo • Unit 111 – 1,185± SF residential condo The retail component features a premium hot yoga / wellness studio buildout with specialized heating systems, elevator access to the second floor, reception area, premium locker rooms, showers, and high-end finishes throughout. The space is ideal for wellness, boutique fitness, Pilates, dance, med spa, creative office, specialty retail, or professional service users. The adjacent residential condo features a private street-level entrance, full kitchen, spacious living room, private balcony, reserved parking, and a highly functional two-story layout ideal for owner occupancy, executive housing, or supplemental income. The retail unit may be leased separately. Ownership prefers to lease both units together and will not lease the residential condo separately unless the retail unit is leased first. This offering is also available for sale. Both units may be purchased together, while the retail unit may also be sold separately. Located within walking distance to Moore Square, Transfer Co. Food Hall, Fayetteville Street, restaurants, coffee shops, parks, entertainment, and major downtown employers. Strong surrounding demographics with approximately 20,000 residents within one mile and average household incomes exceeding $124,000.
| Rare mixed-use Live • Work • Play opportunity |
| Premium turnkey wellness / studio buildout |
| Walkable downtown Raleigh Capital District |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) | 4 min | 19 min | 1.0 mi |
| Cary Station (Piedmont - North Carolina by Train (NC Train)) | 18 min | - | 9.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Raleigh Union Station (Piedmont - North Carolina by Train (NC Train)) | 4 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 25 min | - | 15.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 1 |
| Type: | Covered |
| Included in Rent: | Yes |
Tyler Mills
Steele Commercial, LLC
Tyler Mills
Steele Commercial, LLC
