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1804 Martin Luther King Jr Pky - Madison Centre 1,000 SF Office Condo Unit Offered at $240,000 in Durham, NC 27707
Investment Highlights
- Move-In Ready — New HVAC, Fresh Paint & New Flooring
- 3 Private Offices + Reception, Meeting Room & Storage
- 40 Free Parking Spaces · Minutes to Duke, UNC, RTP & RDU
- 1,000 SF Ground-Floor Suite at Below-Market Rate
- Ideal for Medical/Clinic or Professional Office
Executive Summary
Turnkey 1,000 SF office or medical suite, below-market rate, move-in ready, flexible terms. Ground-floor Suite 111 at Madison Centre on MLK Jr. Parkway in South Square, 3 miles to Duke, 8 to UNC and RTP, 15 minutes to RDU, surrounded by shopping, dining, and banks with built-in foot traffic for a clinic or client-facing office. Fully renovated and ready for immediate occupancy: new HVAC, fresh paint, and new flooring. Efficient layout, three private offices, spacious reception, dedicated meeting room, private kitchenette, ADA-compliant restroom, and ample storage. Ample free parking and building signage available. Below-market Class B rate. Ideal for owner-user or investor. SALE: $240,000 | LEASE: $1,800/month plus utilities. Interested? Reach out to Van today for more details.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 202809 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 202809 |
Description
Turnkey 1,000 SF office or medical suite, below-market rate, move-in ready, flexible terms. Ground-floor Suite 111 at Madison Centre on MLK Jr. Parkway in South Square, 3 miles to Duke, 8 to UNC and RTP, 15 minutes to RDU, surrounded by shopping, dining, and banks with built-in foot traffic for a clinic or client-facing office.
Fully renovated and ready for immediate occupancy: new HVAC, fresh paint, and new flooring. Efficient layout, three private offices, spacious reception, dedicated meeting room, private kitchenette, ADA-compliant restroom, and ample storage. Ample free parking and building signage available.
Below-market Class B rate. Ideal for owner-user or investor. SALE: $240,000 | LEASE: $1,800/month plus utilities. Interested? Reach out to Van today for more details.
Fully renovated and ready for immediate occupancy: new HVAC, fresh paint, and new flooring. Efficient layout, three private offices, spacious reception, dedicated meeting room, private kitchenette, ADA-compliant restroom, and ample storage. Ample free parking and building signage available.
Below-market Class B rate. Ideal for owner-user or investor. SALE: $240,000 | LEASE: $1,800/month plus utilities. Interested? Reach out to Van today for more details.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 111 | 1,000 SF | Office | $240,000 ($240.00/SF) | - |
Unit 111
| Unit Size |
| 1,000 SF |
| Condo Use |
| Office |
| Price |
| $240,000 ($240.00/SF) |
| NOI |
| - |
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Unit 111
| Unit Size | 1,000 SF |
| Condo Use | Office |
| Price | $240,000 ($240.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 202809 |
| Description | |
| Turnkey 1,000 SF office or medical suite, below-market rate, move-in ready, flexible terms. Ground-floor Suite 111 at Madison Centre on MLK Jr. Parkway in South Square, 3 miles to Duke, 8 to UNC and RTP, 15 minutes to RDU, surrounded by shopping, dining, and banks with built-in foot traffic for a clinic or client-facing office.<br> <br> Fully renovated and ready for immediate occupancy: new HVAC, fresh paint, and new flooring. Efficient layout, three private offices, spacious reception, dedicated meeting room, private kitchenette, ADA-compliant restroom, and ample storage. Ample free parking and building signage available.<br> <br> Below-market Class B rate. Ideal for owner-user or investor. SALE: $240,000 | LEASE: $1,800/month plus utilities. Interested? Reach out to Van today for more details.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,000 SF | Year Built | 1984 |
| Property Type | Office (Condo) | Lot Size | 2.53 AC |
| Building Class | B | Parking Ratio | 5/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Typical Floor Size | 4,000 SF | ||
| Zoning | OI - Office/ Industrial | ||
| Total Building Size | 8,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 4,000 SF |
| Year Built | 1984 |
| Lot Size | 2.53 AC |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | OI - Office/ Industrial |
Amenities
- Bus Line
- Signage
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
1804 Martin Luther King Jr Pky - Madison Centre