The Professional Building

The Professional Building consists of an eight story, 45,562 square foot office building constructed in 1924 and completely renovated in 1981. The property has been placed in the National Register of Historic Places. This designation allows owner to pay one half of real estate taxes. Ideally located in the heart of Downtown Raleigh at the corner of Hargett and McDowell Streets, the site is 0.29 acres and includes an 18 space surface parking lot. The Professional Building is well positioned one block from the Justice Center and is walking distance to the State Capitol, Fayetteville Street and numerous restaurants and amenities in Downtown Raleigh. This property is directly across the street from picturesque Nash Square in the center of Downtown Raleigh. It is currently 87.89% leased to a mix of professionals including lawyers, architectural firms, the City of Raleigh, and other users. The Professional Building can be delivered free and clear of debt. Major improvements have been made to the roof, elevators, façade, HVAC, and common areas.