812 N. Mangum St., Durham, North Carolina 27701$650,000
This well maintained building fronts North Mangum Street just minutes to Downtown Durham and the Central Park District. Located in the burgeoning Little Five Points District, once a thriving gateway into the City, the area is becoming once again a marquee commercial and residential hotspot. Parking is on-site in addition to the rear lot that conveys with the sale. Redevelopment potential is present or could easily translate to income producing for the investor and/or user. A modern designed residential development directly across the street will open their next phase starting in the $700's in 2018.
The all brick slab on grade building was built in 1955 with a 70's addition. It has 3,548 SF and is metered for 2 tenants with Suite A currently vacant. Suite B's tenant is on a month to month lease. Interior features include 10’+ ceilings, updated 3-phase and 220 amp service, new HVAC units, a 2015 roof and restroom in each of the two suites. Commercial General (CG) and Light Industrial (IL) zoning allow for a variety of commercial, retail, and/or office uses.
Property Status: For Sale
Website Additional Information Link
812 N. Mangum St., Durham, North Carolina 27701
Interested In This Property?
Owning a home is a great investment and it is key to plan your mortgage payments ahead of time. Calculate for your monthly mortgage using our free calculator below.