515 Dowd ST, Durham, NC 27701
515 Dowd ST, Durham, NC 27701
515 Dowd ST, Durham, NC 27701
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Listed by Moore's Realty, Inc.
$8,000,000
Est. payment /mo
53,438 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 53,438 sqft

Price per Sqft $149

MLS Listing ID 10187664

HOA Y/N No

Year Built 1940

Annual Tax Amount $21,619

Lot Size 3.540 Acres

Acres 3.54

Lot Dimensions 154,202

Property Sub-Type Mixed Use

Source Doorify MLS

Land Area 53438

Property Description

Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!

Location

State NC

County Durham

Area 3.54

Interior

Cooling Central Air, Electric

Fireplace No

Exterior

Garage Spaces 120.0

Total Parking Spaces 120

Garage No

Building

Water Public

New Construction No

Others

Tax ID 110724

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


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515 Dowd ST

Bri Bolling
Bri Bolling

Broker | License ID: 309787

+1(919) 899-2017 | bri@bollingrealtyinc.com

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