1002 Broad St
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1002 Broad St
2,153 SF Office Building Durham, NC 27705 $750,000 ($348/SF)
Investment Highlights
- Location, Location, Location!
- Bright Updated Finishes
- Open Space Plan
Executive Summary
A prime location situated two blocks from Duke's East Campus, and easy walking distance to restaurants and shops on Broad Street and 9th Street business district, not to mention Monuts! Adjacent to the popular Trinity Park residential neighborhood. Easy access to I-85 and 147 Freeway and to Downtown Durham.
The original structure was built in 1928 as a "mill-house" for Erwin Textile Mills. The house was converted to office use in 1988 by a local architectural firm which was recently
a quired by a larger firm. A building addition and renovation was completed in 1994. Finishes were upgraded in 2022. Two zone HVAC replaced in 2021 and 2024. The building features a large collaborative space with built-in work stations, private office, reception area with conference room, work/copy room, second conference room and large file/work room. Six private parking spaces are located behind the building.
If you are small business and are looking to own your own building, this is an opportunity that will not last long!
The original structure was built in 1928 as a "mill-house" for Erwin Textile Mills. The house was converted to office use in 1988 by a local architectural firm which was recently
a quired by a larger firm. A building addition and renovation was completed in 1994. Finishes were upgraded in 2022. Two zone HVAC replaced in 2021 and 2024. The building features a large collaborative space with built-in work stations, private office, reception area with conference room, work/copy room, second conference room and large file/work room. Six private parking spaces are located behind the building.
If you are small business and are looking to own your own building, this is an opportunity that will not last long!
Taxes & Operating Expenses (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2022) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,153 SF
Building Class
B
Year Built/Renovated
1928/2022
Price
$750,000
Price Per SF
$348
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,577 SF
Building FAR
0.31
Lot Size
0.16 AC
Zoning
OI - Office/ Institutional
Parking
6 Spaces (2.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
| Parcel Number | 100659 | Improvements Assessment | $124,905 (2024) |
| Land Assessment | $96,213 (2024) | Total Assessment | $221,118 (2024) |
PROPERTY TAXES
Parcel Number
100659
Land Assessment
$96,213 (2024)
Improvements Assessment
$124,905 (2024)
Total Assessment
$221,118 (2024)
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Presented by
GRO Properties LLC
1002 Broad St
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