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Investment Highlights

  • Prime Location.
  • Signage.

Executive Summary

This space could easily be converted to a retail use, including food and beverage operations.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 101
  • 3,944 SF
  • Office
  • $1,450,000 ($367.65/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 6
Sale Notes
SVN | Real Estate Associates as the exclusive listing agent, is pleased to offer for sale or lease Suite 101 at 204 Rigsbee Avenue in downtown Durham, NC.

This area continues to experience an incredible transformation, with projects both under construction and planned to further expand its base of residential, retail, office, and life science spaces.

Suite 101 is a versatile, street-level commercial condo unit, currently built out as an open, creative office. With an ideal storefront façade, easy access to parking, and two means of egress, this space could easily be converted to a retail use, including food and beverage operations. This prime location, adjacent to some of Durham's most popular restaurants and cafes, provides excellent visibility and customer traffic.
Unit Unit Size Condo Use Price NOI
Unit 101 3,944 SF Office $1,450,000 ($367.65/SF) -

Unit 101

Unit Size
3,944 SF
Condo Use
Office
Price
$1,450,000 ($367.65/SF)
NOI
-

Unit 101

Unit Size 3,944 SF
Condo Use Office
Price $1,450,000 ($367.65/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 6
Sale Notes
SVN | Real Estate Associates as the exclusive listing agent, is pleased to offer for sale or lease Suite 101 at 204 Rigsbee Avenue in downtown Durham, NC.<br> <br> This area continues to experience an incredible transformation, with projects both under construction and planned to further expand its base of residential, retail, office, and life science spaces.<br> <br> Suite 101 is a versatile, street-level commercial condo unit, currently built out as an open, creative office. With an ideal storefront fa&#231;ade, easy access to parking, and two means of egress, this space could easily be converted to a retail use, including food and beverage operations. This prime location, adjacent to some of Durham&#39;s most popular restaurants and cafes, provides excellent visibility and customer traffic.</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 11,768 SF
Property Type Office (Condo)
Property Subtype Office/Residential
Building Class C
Floors 2
Typical Floor Size 3,994 SF
Year Built 1938
Lot Size 0.10 AC
Parking Ratio 0.68/1,000 SF
Zoning DD-C - Downtown Durham Commercial

Amenities

  • Signage
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 32702043

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 204 Rigsbee Ave, Durham, NC 27701

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