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602 N Mangum St 1.04 Acres of Commercial Land Offered at $4,600,000 in Durham, NC 27701
INVESTMENT HIGHLIGHTS
- Downtown Durham infill/commercial opportunity
- Walkable to numerous downtown Durham amenities
EXECUTIVE SUMMARY
Park, American Tobacco Campus, Durham Performing Arts Center, the Carolina Theatre, and Durham Central Park.
PROPERTY FACTS
| Price | $4,600,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.04 AC |
| Property Type | Land | ||
| Zoning | DD-S2 and RS-M - Mixed Use/multi-family | ||
| Price | $4,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.04 AC |
| Zoning | DD-S2 and RS-M - Mixed Use/multi-family |
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 |
Land for sale
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.
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602 N Mangum St
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