Powerhouse Square

116 North West Street, Raleigh, NC 27603

  • For Lease $30.00/SF/YR
  • Property Type Office - General Office
  • Property Size 48,132 SF
  • Lot Size 1.06 Acre
  • Parking Spaces Avail. 112
  • Parking Ratio 2.34 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1925
  • Date Updated Mar 11, 2025

Powerhouse Square is a 48,132-square-foot general office building situated on a 1.06-acre lot in Downtown Raleigh. The property offers 112 parking spaces with a parking ratio of 2.34 per 1,000 square feet, making it convenient for tenants and visitors. Originally built in 1925, the building carries a Class B designation, reflecting its quality and functionality for professional use. Its central location and ample parking capacity provide an excellent setting for businesses looking to establish themselves in a vibrant urban environment.

The surrounding Downtown Raleigh neighborhood enhances the appeal of Powerhouse Square with a variety of amenities within walking distance. Dining options such as 42nd Street Oyster Bar and Second Empire Restaurant are both less than 0.1 miles away, while hotels like Holiday Inn Raleigh Downtown and AC Hotel by Marriott Raleigh Downtown are just steps from the building. Nearby transportation hubs, including Raleigh Station approximately 0.4 miles away, ensure connectivity throughout the city. Additional conveniences include multiple parking decks within 0.3 miles and educational institutions such as Campbell University’s School of Law and William Peace University under a mile away. These features collectively make Powerhouse Square an attractive option for office tenants.

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Brian Wallace Is this you?

York Properties

Location

Getting Around

  • Walk Score ®

    96/100 Walker's Paradise

  • Transit Score ®

    72/100 Excellent Transit

  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Raleigh, NC
  • Neighborhood Downtown Raleigh
  • Zip Code 27603
  • Market Raleigh Durham

Points of Interest

  • Raleigh

    0.36 miles

  • Nash Square Charging Station

    0.29 miles

  • Exxon

    0.53 miles

  • Speedway

    0.74 miles

  • Pullen Mart

    1.02 miles

  • PowerCharge

    1.17 miles

  • BP

    1.48 miles

  • Shell

    1.63 miles

  • Resco

    1.74 miles

  • Sam's Club

    2.19 miles

  • Tesla Supercharger

    3.70 miles

  • Lot 5

    0.18 miles

  • ShareFile Parking Deck

    0.19 miles

  • Deck 77

    0.23 miles

  • Raleigh Municipal Building Deck

    0.26 miles

  • Bloc(83) Parking Deck

    0.26 miles

  • Lot 4

    0.28 miles

  • Lot 7

    0.29 miles

  • Lot 22

    0.29 miles

  • Lot 2

    0.30 miles

  • Deck 75

    0.32 miles

  • Holiday Inn Raleigh Downtown

    0.11 miles

  • AC Hotel by Marriott Raleigh Downtown

    0.14 miles

  • Friendship Inn Capitol

    0.14 miles

  • The Longleaf Hotel

    0.21 miles

  • The Casso, Raleigh, A Tribute Portfolio Hotel

    0.22 miles

  • Hampton Inn & Suites Raleigh Downtown

    0.38 miles

  • Tempo by Hilton Raleigh Downtown

    0.46 miles

  • Homewood Suites by Hilton Raleigh Downtown

    0.47 miles

  • Hyatt House Raleigh Downtown Seaboard Station

    0.56 miles

  • Sheraton Raleigh Hotel

    0.59 miles

  • 42nd Street Oyster Bar

    0.08 miles

  • Second Empire Restaurant and Tavern

    0.09 miles

  • Taverna Agora Greek Kitchen & Bar

    0.10 miles

  • The Roast Grill

    0.13 miles

  • Sushi O Bistro

    0.15 miles

  • Five Star Restaurant

    0.15 miles

  • Flying Saucer Draught Emporium

    0.15 miles

  • Opa Raleigh

    0.17 miles

  • Iyla's Southern Kitchen

    0.17 miles

  • Char Grill

    0.19 miles

  • Exploris Middle School

    0.14 miles

  • Campbell University: Norman Adrian Wiggins School of Law

    0.19 miles

  • Ravenscroft School

    0.36 miles

  • Wiley School

    0.40 miles

  • Saint Mary's School

    0.41 miles

  • Partnership Elementary School

    0.54 miles

  • Boylan Heights School

    0.61 miles

  • William Peace University

    0.67 miles

  • Broughton High School - Main Building

    0.69 miles

  • Pod 2

    0.74 miles

  • The Goddard School

    2.81 miles

  • Gethsemane Seventh Day Adventist Day Care Center

    3.13 miles

  • Young Missionary Temple Day Care and Learning Center

    3.51 miles

  • Word of God Christian Day Care Center

    3.55 miles

  • Abundant Life Child Care Center

    4.61 miles

  • Millbrook KinderCare

    5.09 miles

  • Chesterbrook Academy

    5.76 miles

  • Huckleberry's Friends

    6.16 miles

  • La Petite Academy

    7.01 miles

  • Childcare Network

    7.16 miles

Frequently Asked Questions

What is the price for renting office space at Powerhouse Square?

The price for office space here is $30.00/SF/YR.

What type of office space is available to lease at Powerhouse Square?

In total, there is 2,462 square feet of office space for lease here. Availability at this location includes 2 Office spaces. The property offers Multi-Tenant commercial space.

Is Powerhouse Square suitable for a small business?

Yes, availabilities here may be suitable for small businesses with 2 office spaces under 5,000 square feet available. Space sizes here start at 1,198 square feet.

Does Powerhouse Square have parking?
Yes, the property offers 112 parking spaces with a parking ratio of 2.34 / 1,000 SF.
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Brian Wallace Is this you?

York Properties

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