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921 Midway Ave 3,895 SF 100% Leased Retail Building Durham, NC 27703 $875,000 ($224.65/SF)
Investment Highlights
- 9'x9' drive-in door in each unit
- Dedicated office space in each unit
- New Roof in 2025
- Private bathroom in each unit
- Flexible CG Zoning: Commercial General (CG) under Durham's UDO,
- 70% Leased, NNN Income Stability. Occupied by two tenants on NNN leases, providing predictable, low-management
Executive Summary
Rare opportunity to own a retail building in one of the country's hottest markets for under $1,000,000. Two of the three suites are occupied, making it perfect for an investor with upside, or an owner-occupant who wants to use one unit and have two streams of rental income from the other. Two units are automotive shop bays and one unit is a music studio.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,895 SF
Building Class
C
Year Built
1989
Price
$875,000
Price Per SF
$224.65
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.41 AC
Zoning
GC
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Don Jeffers
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Durham Pak Auto Services LLC
- -
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Don Jeffers | - | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Durham Pak Auto Services LLC | - | 99,999 SF | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
9'x9' drive-in door Private bathroom Dedicated office space Flexible CG Zoning: Commercial General (CG)
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,442 SF | Flex | - | Sep 2026 |
1st Floor
| Size |
| 1,442 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| Sep 2026 |
1st Floor
| Size | 1,442 SF |
| Space Use | Flex |
| Position | - |
| Available | Sep 2026 |
9'x9' drive-in door Private bathroom Dedicated office space Flexible CG Zoning: Commercial General (CG)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 131084 | Improvements Assessment | $147,108 |
| Land Assessment | $112,750 | Total Assessment | $259,858 |
Property Taxes
Parcel Number
131084
Land Assessment
$112,750
Improvements Assessment
$147,108
Total Assessment
$259,858
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