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INVESTMENT HIGHLIGHTS
- Downtown Durham infill/commercial opportunity
- Walkable to numerous downtown Durham amenities
PROPERTY FACTS
| Price | $4,600,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Zoning | DD-S2 and RS-M | ||
| Price | $4,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.04 AC |
| Zoning | DD-S2 and RS-M |
1 LOT AVAILABLE
Lot
| Price | $4,600,000 | Lot Size | 1.04 AC |
| Price Per AC | $4,423,076.92 |
| Price | $4,600,000 |
| Price Per AC | $4,423,076.92 |
| Lot Size | 1.04 AC |
Three parcels totaling 1.04 acres with frontage on North Mangum Street and Cleveland Street.
DESCRIPTION
Three parcels totaling 1.04 acres with frontage on North Mangum Street and Cleveland Street. Located within a short walk of the Durham Bulls Athletic Park, American Tobacco Campus, Durham Performing Arts Center, the Carolina Theatre, and Durham Central Park. 6,528 SF fully-conditioned building with parking on site. Built in 1970; roof replaced in last 10 years old. Current land use for 602 & 606 N Mangum is commercial, retail services, and parking lots surface. North Mangum Street is a two-lane, one-way southbound road that connects to the Durham Freeway (NC 147). Several new mid-rise apartments, townhomes, and condo developments in the neighborhood. Permitted uses in DD-S2 include multifamily, condominium, townhome, office, medical office, retail and restaurant with building height up to 35’ or 50’ with a special use permit. RS-M permits multifamily.
Presented by
602 N Mangum St
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