515 Dowd Street Durham, NC $ 8,000,000
515 Dowd Street
$ 8,000,000
Share Save

515 Dowd Street

Durham, NC, 27701
$ 8,000,000
Bedrooms-- Baths-- Sq 53,438

Monthly Estimate*

$ 55,254

515 Dowd Street, Durham, NC 27701 - Image 1
515 Dowd Street, Durham, NC 27701 - Image 2
515 Dowd Street, Durham, NC 27701 - Image 3
515 Dowd Street, Durham, NC 27701 - Image 4
515 Dowd Street, Durham, NC 27701 - Image 5
515 Dowd Street, Durham, NC 27701 - Image 6
515 Dowd Street, Durham, NC 27701 - Image 7

Commercial Property for sale in Durham, NC

for $8,000,000. This 53,438 square foot building was built in 1940 on a lot size of 3.54.

Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!

See more

Commercial Active

Price

$ 8,000,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

3.54

Year Built

1940

Town/City

Durham

County/Region

Durham

MLS | Web ID

10187664

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Electric
Construction Materials Brick
Year Built 1940
Property Subtype Mixed Use
Business Type Church Commercial
County Durham
New Construction false
Property Type Commercial Sale
Possible Use Commercial Investment Mixed Use Multi-Family Place of Worship Residential Single Family
Building Features High Speed Internet
Status Active
Directions Turn right onto Fayetteville St. Continue on N Elizabeth St. Turn right onto Dowd St.
City Durham
Lot Size Units Acres
Lot Size Square Feet 154202.4
Tax Annual Amount 21619.96
Availability Date 2026-08-20
Standard Status Active
See more
Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
See more
Exterior
Fencing Chain Link
Lot Features None
Water Source Public
Lot Size Area 3.54
Building Area Total 53438
Lot Dimensions 154 202
Lot Size Acres 3.54
Road Surface Type Concrete
See more
* Excluded Features
List By
Jackie Moore

Listing Agent

Moore's Realty, Inc.

Broker

jackie.mooresrealtyinc@gmail.com

Email

Affordability Calculator

$55,254
Per Month
100%
0%
0%
Monthly Principal & Interest
$55,254
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/21/2026$8,000,000 Listed Price

Map


See all

515 Dowd Street, Durham, NC, 27701 is a Commercial Property for sale at $8,000,000 with 53,438 sqft and a lot size of 3.54. 515 Dowd Street was built in 1940. The property's zip code is 27701 which is in Durham, NC