For Sale
$1,450,000

204 Rigsbee AveDurham, NC 27701

Prime location, versatile space, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 3,944 square foot commercial condo unit, located at 204 Rigsbee Avenue, Suite 101 in Durham, NC, presents a unique investment opportunity. Situated in the heart of Durham's rapidly evolving downtown area, this street-level space offers unparalleled visibility and accessibility. Currently configured as a creative office, the property's adaptable layout allows for seamless conversion to retail or food and beverage uses. Built in 1939 and extensively renovated in 2021, the property boasts modern data and phone infrastructure. The unit includes six reserved parking spaces in a convenient basement drive-in, with two additional public parking decks within a half block. The property's prime location offers easy access to numerous restaurants, cafes, and amenities within a five-minute walk, including the Central Park District. The building is a two-story Class C structure on a 0.1-acre lot, zoned DD-C. The asking price is $1,450,000, translating to $367.65 per square foot. This property offers a blend of historical charm and modern functionality, making it an ideal investment for discerning buyers seeking a high-traffic location in a thriving urban environment. The property features an ideal storefront façade and two means of egress.

Highlights

  • Prime downtown Durham location in rapidly developing area.
  • 3,944 SF adaptable creative office space, convertible to retail or food and beverage.
  • Modern data and phone infrastructure.
  • Six reserved parking spaces in basement drive-in, plus two nearby public parking decks.
  • Abundant nearby restaurants and retail, including proximity to Central Park District.
  • High-traffic location in Durham's Downtown Historic District.

Property Details for 204 Rigsbee Ave

Property type
Office properties, Office space
Square Feet
3,944 SF
Class
C
Year Built/Renovated
1939/2021
Buildings
1
Stories
2
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.997267245921
Longitude
-78.899945372586
204 Rigsbee Ave, Durham, North Carolina

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204 Rigsbee Ave
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