921 Midway Ave - Auto Repair FOR SALE


Durham, NC 27703- Bethesda
$875,000 USD
919-698-8799
921 Midway Ave, Durham, NC for Sale
$875,000 USD
Auto Repair - FOR SALE
1/16
null | Request Cap Rate

921 Midway Ave
Durham, NC 27703
Bethesda


HIGHLIGHTS

  • 9'x9' drive-in door in each unit
  • Private bathroom in each unit
  • Dedicated office space in each unit
  • Flexible CG Zoning: Commercial General (CG) under Durham's UDO,
  • New Roof in 2025
  • 70% Leased, NNN Income Stability. Occupied by two tenants on NNN leases, providing predictable, low-management

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Angier Av

LAND ACRES

0.41 AC

LAND SF

17,772 SF

ZONING

GC

APN/PARCEL ID

131084

ASK ABOUT THIS PROPERTY

Graham StoreyCityPlatMore Info
919-698-8799

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Graham StoreyCityPlatMore Info
919-698-8799

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.