812 N. Mangum St., Durham, North Carolina 27701

$650,000
812 N. Mangum St.
812 N. Mangum St.
812 N. Mangum St.
812 N. Mangum St.
812 N. Mangum St.
812 N. Mangum St.

Property Details

Beds0 Baths0 Garage0 Lot Size0.23 acres
Year1955 Bldg Size3,548 sq. ft

Agent Details

Derek Mangum
Office: (919) 682-0501 ext. 3
Direct: (919) 819-9223

Property Description

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 Type Commercial, Investment

Property Status: For Sale

Property Features

Location

812 N. Mangum St., Durham, North Carolina 27701

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