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j.queen@monarchrealty.co
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    j.queen@monarchrealty.co
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  • 228 Fayetteville St Ste 200
    Raleigh, NC 27601

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    Longleaf Pines MLS

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    $1,900,000
    For Sale

    701 Mutual Court #200

    Raleigh, NC 27615
    4034 sqft | 1.79 acres | #10135558
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    53 photos
    Type:Purchase
    Structure:Commercial
    Zone:Commercial

    Description

    Prime office opportunity in North Raleigh at 701 Mutual Court. Only the second floor (Suite 200) is for sale. The first floor (Suite 100) is fully leased to Alpha Male Wellness and is not part of the offering. The building totals 8,068 square feet, and the available second floor consists of 4,034 square feet ready for customization. Suite 200 is in vanilla box condition and needs a full build-out, making it ideal for an owner-user who wants to design their space from the ground up. The suite needs sheetrock repair, full interior paint, completion of the framed conference room including sheetrock and doors, installation of two bathrooms in the rear center of the space, interior glass added to several offices facing the waiting area, and final HVAC distribution such as ductwork. The existing layout includes four large offices on the right side, a spacious open lobby and waiting area at the entrance, a large conference room behind the waiting area, three large offices on the left side, and a framed break room on the left-center. The suite was previously occupied by Union Bank, and bank use is restricted until December 18, 2028. The building features large lobbies, elevator access, and a professional presence in one of Raleigh's strongest and most resilient submarkets. The property sits just off Falls of Neuse Road and Strickland Road with easy access to Highway 540, Downtown Raleigh, and RDU International Airport. There is steady traffic flow in the area, strong surrounding demographics, and a GoRaleigh bus stop located directly in the cul-de-sac. Within a three-mile radius, the area includes nearly 69,000 residents and over 31,000 households, with a median home value above $400,000 in nearby neighborhoods. Wake County values the entire building at $3,196,680, and the parcel is zoned OX-4 (Office Mixed Use). This is a rare chance to purchase a full second floor in a well-located North Raleigh office building, perfect for an owner-user or investor seeking a customizable space in a high-growth market. Schedule your showing for Suite 200 at 701 Mutual Court today.

    • Property Details
        • Lot FeaturesCorner Lot, Cul-De-Sac, Few Trees, Near Public Transit, Open Lot, Paved
        • Lot DescriptionCorner Lot, Cul-De-Sac, Few Trees, Near Public Transit, Open Lot, Paved
        • Utility FeaturesElectricity Connected, Sewer Connected, Water Connected
        • InteriorOpen Floorplan, Tray Ceiling(s)
        • Date AvailableDecember 02, 2025
        • Sewer InformationPublic Sewer
        • CoolingCentral Air
        • HeatingForced Air
        • SubdivisionBent Tree
        • Property TypePurchase
        • MLS #10135558
        • MLS #10135558
        • Taxes Annual$27,878
        • Cost1900000
        • Utility SourcePublic
        • Property SubtypeOffice
        • Acres1.79
        • Square Feet4034
        • Year Built2016
        • CountyWake
        • ZoningOX-4
        • Stories2

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: 10/27/2025 5:30 PM. Source: TRIANGLEMLS

    Provided By
    Listing Agent: Steve Gillooly (#R74005)
    Listing Office: Gillooly & Associates Realty (#72220)

    Monarch Realty Co.Real Estate Group
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