216-218 Rigsbee AveDurham, NC 27701

For Lease
$14/SF/YR
Property records and analytics
Prime location, 10,461 SF, flexible use

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 10,461-square-foot office building at 216-218 Rigsbee Avenue in Durham, North Carolina, presents a unique investment opportunity. The property, situated on a 0.7-acre lot, offers significant flexibility for various uses. Currently configured as a single-tenant executive office space, the building's potential extends beyond its existing layout. The property could be adapted for residential conversion or redeveloped into a new mid-rise structure, subject to zoning approvals. Built in 1936, this three-story building features four structures and includes an elevator. The DD-C zoning designation opens doors to a range of possibilities. Its prime location in Durham's vibrant downtown core places it within easy reach of numerous amenities, including restaurants, bars, hotels, the Durham Convention Center, Carolina Theater, Durham Bulls Stadium, American Tobacco Campus, and the Performing Arts Center. The building's 10,461 square feet are currently vacant, providing immediate occupancy for a single tenant. This property is available for sale or lease, making it an attractive option for both owner-occupiers and investors seeking a strategic foothold in a thriving urban environment. The property is classified as Class C and is located in Durham County, NC, zip code 27701.

Highlights

  • Downtown Durham's prime retail and business district location.
  • Three-story building (four levels including mezzanine) with elevator and large mezzanine breakroom.
  • Close proximity to restaurants, bars, hotels, and entertainment venues.
  • Adjacent to Morgan Rigsbee Parking Garage.

Property Details for 216-218 Rigsbee Ave

Property type
Office properties
RSF (Rentable sq. ft)
10,461 SF
Class
C
Year Built
1936
Buildings
4
Stories
3

Unit(s) available at that property

Space
Available space
Size
10,461 SF
Rate per SF
$14

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.9975049
Longitude
-78.899675
216-218 Rigsbee Ave, Durham, North Carolina

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FAQs

What type of property is this?
Office property - Prime location, 10,461 SF, flexible use
Where is the office property located?
The property is located at 216-218 Rigsbee Ave Durham, NC.
What is the lease rate?
The lease rate is $14/SF/YR.
What are key features of this property?
This property features: Downtown Durham's prime retail and business district location.; Three-story building (four levels including mezzanine) with elevator and large mezzanine breakroom.; Close proximity to restaurants, bars, hotels, and entertainment venues.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
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Contacts

Derek Mangum
Derek Mangum
Visit Broker Website

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Rigsbee Ave
Durham, NC 27701

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Durham, NC 27701

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

216-218 Rigsbee Ave
  • Derek Mangum
    Derek Mangum
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