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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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501 N Mangum St , Durham, NC 27701
$5,000,000
Est. Payment: $11,111.11/mo
0 Bed
0 Bath
8000 Sqft
Status: Active | Days on site: 37
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76601 - R25391
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Fantastic opportunity! 8000 sqft building in downtown Durham with a 4000 sqft basement accessible with by walk-in and roll-up doors. Fenced lot with parking. Former Public Hardware retail. Previously approved by the City of Durham for a 15-story building with 4 parking levels that included over 200 multi-family units with associated amenities and infrastructure, totaling over 350,000 square foot. This is still on the books at the Durham Planning Department under A - D2300216 or by using 501 N Mangum Street. Conveniently located within walking distance of local dining and shopping.
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Highlights

Listed by Mamie Wilson , 919-201-2996 Mamie Wilson Realty LLC , 919-201-2996.

Property Type

Commercial Sale
Lot/Acreage
0.69

Year Built

1954

County

Durham

 Neighborhood

Not in a Subdivision

Listing ID

10173029

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Exterior Entry,Walk-Out Access
Water:Public

Exterior Features

Lot Dimensions:Survey needed
Sewer:Public Sewer
Principal Interest
$11,111
Taxes
$2,083

Home Price

$5,000,000

Loan Details

30 yrs
%

Down Payment

20%
$1,000,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,111.11 $2,082.72 $0.00 $13,193.83
Yearly $133,333.33 $24,992.65 $0.00 $158,325.98
Total $4,000,000.00 $749,779.50 $0.00 $4,749,779.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Durham, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.