707 N Mangum St - 707 N Mangum Historic Redevelopment
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707 N Mangum St - 707 N Mangum Historic Redevelopment
10,130 SF Specialty Building Offered at $2,600,000 in Durham, NC 27701
Investment Highlights
- 14 parking spaces available on-site
- Site plan and building permits approved
- Interior has been demolished
- Part 2 Federal and State Historic Tax Credits Approved
Executive Summary
Discover a prime investment opportunity in the heart of Durham, NC. This 10,130 SF building, constructed in 1941, offers a premier location within the vibrant Old Five Points area. Zoned DD-S2, the property presents an ideal canvas for retail residential mixed use redevelopment, perfectly suited for capturing the attention of both locals and visitors. Its historic charm and spacious layout provide ample room for showcasing a diverse range of retail offerings. Situated in a thriving commercial district, this property promises high visibility and abundant foot traffic, setting the stage for success. Don't miss the chance to make your mark in this dynamic and evolving market.
Property Facts
| Price | $2,600,000 | Lot Size | 0.39 AC |
| Price Per SF | $257 | Building Size | 10,130 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Conditions | Redevelopment Project | Year Built | 1941 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Religious Facility | Parking Ratio | 1.38/1,000 SF |
| Building Class | C | Cross Streets | W Corporation St |
| Price | $2,600,000 |
| Price Per SF | $257 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 10,130 SF |
| No. Stories | 2 |
| Year Built | 1941 |
| Tenancy | Single |
| Parking Ratio | 1.38/1,000 SF |
| Cross Streets | W Corporation St |
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Walk Score ®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 104903 | Improvements Assessment | $253,217 |
| Land Assessment | $663,854 | Total Assessment | $917,071 |
PROPERTY TAXES
Parcel Number
104903
Land Assessment
$663,854
Improvements Assessment
$253,217
Total Assessment
$917,071
zoning
| Zoning Code | C2 (DD-S2) |
| C2 (DD-S2) |
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707 N Mangum St - 707 N Mangum Historic Redevelopment
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