6 Grace Lane offers a rare, fully entitled multifamily development opportunity in the heart of Downtown Durham. The ±1.65-acre site is site-plan approved for a mixed-use project comprising 201 residential units and 8,721 square feet of ground-floor commercial space. Located within a federally designated Opportunity Zone, the property is well positioned for long-term value creation.
Located at the intersection of Liberty Street and Elizabeth Street in Downtown Durham, the property offers immediate access to employment, dining, entertainment, and cultural amenities. Ongoing institutional and life sciences investment continues to drive strong residential demand in this walkable, high-growth submarket.