501 N Mangum ST, Durham, NC 27701
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501 N Mangum ST, Durham, NC 27701
501 N Mangum ST, Durham, NC 27701
501 N Mangum ST, Durham, NC 27701
501 N Mangum ST, Durham, NC 27701
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Melissa Hagen

Melissa Hagen

+1(919) 633-2348
Listed by Mamie Wilson Realty LLC
$ 5,000,000
Est. payment /mo
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Active

501 N Mangum ST Durham, NC 27701

8,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $625

Subdivision Not In A Subdivision

MLS Listing ID 10173029

HOA Y/N No

Year Built 1954

Annual Tax Amount $24,992

Lot Size 0.690 Acres

Acres 0.69

Lot Dimensions Survey needed

Property Sub-Type Retail

Source Doorify MLS

Land Area 8000

Property Description

EXCEPTIONAL INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF DOWNTOWN DURHAM! Formerly home to Public Hardware, this property features an 8,000 sqft commercial building with an additional 4,000 sqft basement offering convenient access through walk-in and roll-up doors. Fenced lot with on-site parking adds versatility for a variety of potential uses. INCREDIBLE REDEVELOPMENT POTENTIAL! The property was previously approved by the City of Durham for a 15-story development featuring 4 levels of parking, over 200 multifamily residential units, and associated amenities and infrastructure, totaling over 350,000 sqft! Previous development plans remain on file with the Durham Planning Department under Case #A-D2300216 (501 N Mangum Street). Buyer to verify current approval status and development requirements with the City of Durham. PRIME downtown location within walking distance of restaurants, shopping, entertainment, and more! A RARE OPPORTUNITY to capitalize on the continued growth and revitalization of Downtown Durham!

Location

State NC

County Durham

Community Not In A Subdivision

Area 0.69

Rooms

Basement Exterior Entry, Walk-Out Access

Interior

Fireplace No

Exterior

Garage No

Building

Water Public

New Construction No

Others

Tax ID 0831-08-1442 and 0831-08-1343

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Doorify MLS
Melissa Hagen
Melissa Hagen

Broker & Director of Culture & Experiences License ID: 324579

+1(919) 633-2348 | melissa@hartandjahoo.com

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501 N Mangum ST