8313 Six Forks Rd
Raleigh, NC 27615 North Raleigh

• Unit Size: 2,346 SF
• Condo Use: Office
• Price: $685,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $291.99 USD

Description

Newly Renovated 2,346 Sq. Ft. Office Condo in Prime North Raleigh
Address: 8313 Six Forks Road, Units 101 & 111, Raleigh, NC Price: $685,000 (per current appraisal)Size: 2,346 Sq. Ft. (Unit 101: 1,173 Sq. Ft. and Unit 111: 1,173 Sq. Ft.)Zoning: OX-3, Year Built: 2005, Building Type: All-brick construction, Parking: 4 spaces.
Property Highlights - Prime Location: Situated in the highly desirable North Raleigh area, offering excellent visibility and accessibility. Newly Renovated: Modern, move-in-ready office condo with high-end finishes, including crown molding throughout.  
Flexible Layout: Currently combined as a single 2,346 Sq. Ft. unit, featuring:  
Spacious waiting area, 8 large individual offices, a Kitchen with refrigerator and microwave, and 2 bathrooms.
Dividable Option: This condo can be easily divided into two independent 1,173 Sq. Ft. office suites, Unit 101 and Unit 111. Each unit has its own electrical breaker panel and hot water heater. Utilities are billed separately for each unit. Estimated cost to install a demising wall:  approximately $20,000 (engineering, permitting, and construction).  
Market Rents: Comparable office condos in the area command average asking rents of $22.50 to $26 per Sq. Ft. Modified Gross. Investment Potential: Ideal for owner-occupants or investors seeking stable rental income in a high-demand market. Appraisal: Current appraisal valued at $685,000 (documentation available).  2024 Property Tax $2,972.93 per unit. CAS manages HOA - Community Association Services (919) 788-9911 HOA Dues: $683.65 per unit per quarter X Two units = $1,367.30 for both units combined per quarter. The water bill is included in the HOA fees for both units. Condition: Well-maintained, new carpet, new paint, new refrigerator, new microwave, new dishwasher, contemporary office space in a professional all-brick building. One of the HVAC Units was replaced on 6/21/2024. Location Benefits: Convenient access to RDU Airport and major roads such as Interstate 440 and 540, with plenty of amenities, including restaurants, shopping, and medical facilities, surrounding this location. Contact us today to schedule a viewing or request additional information about this exceptional commercial office opportunity!

Sale Notes

Prime Investment Opportunity in North Raleigh on Six Forks Road!