921 Midway Avenue

Durham, NC 27703
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22 images $875,000 View home

921 Midway Avenue, Durham NC 27703

3,895 sqft

Status: Active, MLS #10187230 Courtesy of CityPlat.
Active ID# 10187230

921 Midway Avenue

Durham, NC 27703
Active ID# 10187230

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,.

$875,000 bedrooms full bathrooms 0.41 acres 3,895 square feet $225 per square foot
  • Construction Materials Block
  • Lot Size Acres 0.41
  • Cooling Y/N Yes
  • Heating Y/N Yes
  • Tax Annual Amount 2575.97
  • Year Built 1989

Additional Property Information

  • TypeRetail
  • Built1989
  • Neighborhood
  • CountyDurham
  • AreaDurham
  • Elementary School
  • Middle School
  • High School
More Info on School Ratings

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