216 & 218 Rigsbee Ave - Office FOR SALE


Durham, NC 27701- City Center Durham
$1,800,000 USD
919-730-8719
216 & 218 Rigsbee Ave, Durham, NC for Sale
$1,800,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

216 & 218 Rigsbee Ave
Durham, NC 27701
City Center Durham


HIGHLIGHTS

  • Prime location in Downtown Durham's vibrant retail and business core.
  • 3-story, 4 level building with elevator and large breakroom/area on the mezzanine level.
  • Conveniently located near bars, restaurants, boutique hotels, arts, and entertainment.
  • Adjacent to the Morgan Rigsbee Parking Garage

OVERVIEW

Maverick Partners Realty is pleased to present 216-218 Rigsbee Avenue located in the Downtown Durham vibrant retail and business core. This 10,461 SF building is offered "For Sale" or "For Lease." Flexibility and functionality highlight the multiple ways this space can evolve ranging from office use, converting the existing structure to residential, or constructing a new mid-rise building on the .07 acre lot. 216-218 Rigsbee Avenue's proximity to restaurants, bars, hotels, Durham's Convention Center, Carolina Theater, Durham Bulls Stadium, American Tobacco, and the Performing Arts Center are major attractions for all users or investors.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

DD-C

APN/PARCEL ID

102996,102997

ASK ABOUT THIS PROPERTY

Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

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Brad WieseMaverick Partners Realty Services, IncMore Info
919-730-8719

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