125 E Parrish St - Loft/Creative Space FOR SALE


Durham, NC 27701- City Center Durham
$1,360,000 USD
646-298-0341
125 E Parrish St, Durham, NC for Sale
$1,360,000 USD
Loft/Creative Space - FOR SALE
1/14
null | 5.52% Cap Rate

NEW


125 E Parrish St
Durham, NC 27701
City Center Durham


HIGHLIGHTS

  • Historic Architectural Corner Building in Central Downtown Durham, fully leased
  • $500K Modern Renovation with Respect for Period Details
  • High Ceilings, Exposed Brick, Retail, Creative Loft Space, Residential Possibilities

OVERVIEW

Historic Downtown Durham corner building in City Center. Fully leased to retail tenant on first floor and office tenant on second floor. This architectural gem is plug and play after a spectacular $500K renovation! Zoning is flexible and could be partially or fully converted to residential; roof addition/roof deck also feasible. Freshly painted corner building gets incredible light through large South and East exposures. First floor boasts high ceilings, large renovated store front windows, new concrete floor, 1 restroom, painted brick, and restored original pressed tin and beadboard ceilings. Second floor boasts a large loft space with vaulted ceilings and exposed beams, exposed brick, multiple skylights, maple hardwoods, 2 restrooms, kitchenette, 1 private office. Two parking spaces are leased from church and subleased to tenants.

FOR SALE DETAILS

PRICE

$1,360,000 USD

PRICE/SF

$389 USD /SF

CAP RATE

5.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C3

APN/PARCEL ID

102957

ASK ABOUT THIS PROPERTY

Michael DePasqualeDeep Durham Real EstateMore Info
646-298-0341

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Michael DePasqualeDeep Durham Real EstateMore Info
646-298-0341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.