601 Fayetteville Street Durham, NC ^$ 8,000,000

601 Fayetteville Street

^$ 8,000,000

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601 Fayetteville Street

Durham, NC, 27701

^$ 8,000,000

Studio Baths0.0

Monthly Estimate*

^$ 55,882

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Studio

Commercial Property for sale in Durham, NC

for $8,000,000. This building was built in 1979 on a lot size of 1.8.

UNIQUE OPPORTUNITY TO OWN PRIME COMMERCIAL PROPERTY IN THE HEART OF DURHAM'S HISTORIC HAYTI DISTRICT. LOCATED JUST OFF OF THE DURHAM FRWY(HWY 147), THIS PROPERTY SITS AT THE GATEWAY TO DOWNTOWN DURHAM, WITHIN 1 MILE OF THE THE DURHAM PERFORMING ARTS CENTER, THE DURHAM BULLS ATHLETIC PARK & LESS THAN 15 MILES TO RDU WITH EASY ACCESS TO ALL MAJOR THOROUGHFARES. 3 SEPARATE CONDO TYPE OFFICE SUITES. STE 300 FEAT RECPT AREA, 7 OFFICES, 3 CONF RMS, BREAK RM; STE 200 HAS RECEPT AREA, 6 OFFICES, 1 CONF, BREAK RM

Commercial Active

Price

^$ 8,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 15,021

Style

Office

Lot Size

1.8

Year Built

1979

Town/City

Durham

County/Region

Durham

MLS | Web ID

2430288

Features

General

Interior Features Entrance Foyer

Heating Central

Cooling Central Air

Utilities Electricity Available Natural Gas Available

Roof Composition

Construction Materials Brick

Year Built 1979

Property SubType Office

Building Name Perry Point

County Durham

New Construction N

Property Type Commercial Sale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Status Active

Directions DURHAM FREEWAY (HWY 147) NORTH TO FAYETTEVILLE RD. TURN LEFT ONTO FAYETTEVILLE RD PROPERTY ON THE LEFT AT LAKEWOOD AVE AND FAYETTEVILLE RD.

City Durham

Buyer Agent Compensation 2.40

View Y/N N

Senior Community Y/N N

Lot Size Square Feet 78408

Waterfront Y/N N

Carport Y/N N

Street Name Fayetteville

Property Attached Y/N N

Tax Annual Amount 15021

Lease Considered Y/N N

Virtual Tour https://player.vimeo.com/progressive_redirect/playback/673257152/rendition/1080p?loc=external&signature=a97e86d5266450c37be2226bd26ebd7a377c3d66167136fd1b795823b85407e0

Days on Market 802

Building Area Units Square Feet

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 1.8

Foundation Details Slab

Spa N

Lot Dimensions 366.47 x 233.67 x 370.53 x 161.42

Lot Size Acres 1.8

Lot Size Units Acres

Open Parking Y/N N

Horse Y/N N

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

* Excluded Features

List By

Beverly Reese

Listing Agent

Trinity Real Estate Ventures

Broker

Affordability Calculator

$57,134

Per Month

Monthly Principal & Interest: $55,882
Monthly Property Taxes: $1,252
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Durham, NC

Average List Price ^$1,232,126

Percent of Sale Price 85%

About Durham, NC

265,200 Population

38% Since 2002

^$54,390 Median Income

35.38 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

343702 Elementary School

343439 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/4/2022	$6,600,000	-13.16%	Price Down
2/7/2022	$7,600,000		Listed Price

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601 Fayetteville Street, Durham, NC, 27701 is a Commercial Property for sale at $8,000,000 with a lot size of 1.8. 601 Fayetteville Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 27701 which is in Durham, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Data is updated as of 4/28/2024.

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601 Fayetteville Street

Commercial Property for sale in Durham, NC

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