REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by CityPlat
$ 875,000
Est. payment /mo
New
921 Midway AVE Durham, NC 27703
3,895 SqFt
UPDATED:
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
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "