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1st Floor - Unit 110
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Retail
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2,445 SF
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Price Upon Request
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Unit Size: 2,445 SF
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Condo Use: Retail
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Price: Price Upon Request
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Sale Type: Investment
Description
Rare downtown Raleigh retail studio condo opportunity located at Palladium Plaza in the heart of the Capital District. Unit 110 consists of approximately 2,445± SF and is currently configured as a premium hot yoga / wellness studio featuring specialized heating systems, elevator access to the second floor, reception area, premium locker rooms, showers, and high-end finishes throughout. Existing improvements create substantial value for wellness and fitness operators while also offering a flexible blank canvas for a wide variety of retail, studio, office, medical wellness, or service uses. 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. Located near Moore Square, Transfer Co. Food Hall, Fayetteville Street, restaurants, parks, entertainment, and major downtown employers. Adjacent luxury residential condo also available as part of a combined Live • Work • Play opportunity.
Sale Notes
Rare opportunity to acquire a premium retail studio condo in downtown Raleigh’s Capital District. Unit 110 features a highly specialized wellness / fitness buildout with substantial replacement value already in place, including heating systems, elevator access, premium locker rooms, showers, reception area, and high-end finishes throughout. The space is ideal for owner-users seeking a turn-key operation or investors looking for a unique urban retail asset with strong surrounding demographics and walkability. Approximately 20,000 residents live within one mile with average household incomes exceeding $124,000. The adjacent residential condo (Unit 111) may also be purchased together to create a true Live • Work • Play opportunity.
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1st Floor - Unit 111
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Office/Retail
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1,185 SF
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Price Upon Request
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Unit Size: 1,185 SF
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Condo Use: Office/Retail
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Price: Price Upon Request
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Sale Type: Investment or Owner User
Description
Rare downtown Raleigh luxury residential condo opportunity located at Palladium Plaza in the heart of the Capital District. Unit 111 consists of approximately 1,185± SF and features 1 bedroom, 1 full bathroom, 1 half bathroom, full kitchen, spacious living room, private balcony, reserved parking, and a private street-level entrance. The two-story layout creates a highly functional and inviting living environment ideal for owner occupancy, executive housing, or supplemental rental income. Located directly adjacent to the beautifully built-out retail studio condo (Unit 110), this offering provides a rare opportunity to live next door to your business as part of a true Live • Work • Play setup. Walkable to Moore Square, Transfer Co. Food Hall, Fayetteville Street, restaurants, parks, entertainment, and major downtown employers.
Sale Notes
Rare opportunity to acquire a luxury downtown Raleigh residential condo with direct street-level access in one of the city’s most walkable neighborhoods. Unit 111 offers significantly more square footage than most one-bedroom condos in the building and features a private balcony, spacious two-story layout, and reserved parking. The property is particularly attractive for business owners, professionals, or investors seeking a highly functional urban living environment with the unique ability to pair the condo with the adjacent retail studio condo (Unit 110) as part of a combined Live • Work • Play opportunity. Strong surrounding demographics and continued downtown Raleigh growth support long-term value and desirability.
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Tyler Mills
Steele Commercial, LLC