921 Midway AVE, Durham, NC 27703
921 Midway AVE, Durham, NC 27703
921 Midway AVE, Durham, NC 27703
921 Midway AVE, Durham, NC 27703
921 Midway AVE, Durham, NC 27703
921 Midway AVE, Durham, NC 27703
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Alicia Rivera

Alicia Rivera

+1(919) 578-7891
Listed by CityPlat
$ 875,000
Est. payment | /mo

3,895 SqFt

Save
$ 875,000
Est. payment | /mo
Save

3,895 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,895 sqft

Price per Sqft $224

MLS Listing ID 10187230

HOA Y/N No

Year Built 1989

Annual Tax Amount $2,575

Lot Size 0.410 Acres

Acres 0.41

Lot Dimensions See plat

Property Sub-Type Retail

Source Doorify MLS

Land Area 3895

Property Description

Rare opportunity to own a retail building in one of the country's hottest markets for under $1,000,000. Two of the three suites are occupied, making it perfect for an investor with upside, or an owner-occupant who wants to use one unit and have two streams of rental income from the other. Two units are automotive shop bays and one unit is a music studio New roof in 2025 9'x9' drive-in door in each unit Private bathroom in each unit Dedicated office space in each unit 70% Leased, NNN Income Stability. Occupied by two tenants on NNN leases, providing predictable, low-management cash flow with tenants covering taxes, insurance, and CAM expenses. Flexible CG Zoning: Commercial General (CG) under Durham's UDO,.

Location

State NC

County Durham

Area 0.41

Zoning GC

Interior

Fireplace No

Exterior

Garage No

Building

New Construction No

Others

Tax ID 131084

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Doorify MLS

NEARBY SCHOOLS & PROPERTIES

Alicia Rivera

“As your trusted realtor, my job is to provide luxury service and expert advice to clients to ensure informed decisions are made during the buying, selling of properties! ”

+1(919) 578-7891

aliciariverarealtor@gmail.com

5960 Fairview Rd Suite 400, Charlotte, NC 28210, United States

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921 Midway AVE