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506 N Mangum St
Durham, NC 27701 Central Park

$289,000 USD

Apartments Condo For Sale  •  442 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,605 SF
  • Lot Size 0.51 AC
  • Building Class B
  • Year Built 2009
  • Zoning DD-S2
50 Transit Score
60 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103 Retail 442 SF $289,000 USD
  • Unit Size: 442 SF
  • Condo Use: Retail
  • Price: $289,000 USD
  • Sale Type: Owner User
  • Price/SF: $653.85 USD
Description
The condo at 506 N Mangum Street, Durham, NC is a street-level commercial condominium designed for either office or boutique retail use. It occupies 442 square feet within a three-story, mixed-use building constructed in 2009. The unit features a modern, open layout with checkered flooring and updated lighting, offering a bright and flexible interior that requires minimal customization.

Sale Notes
Located in the heart of vibrant Downtown Durham, this street-level retail or office condominium offers an exceptional ownership opportunity in a high-visibility corridor. The property spans 442 square feet and is strategically positioned in a bustling mixed-use environment surrounded by residential apartments, government offices, and cultural landmarks such as DPAC and the Durham County Courthouse. This turnkey space is ideal for professional services or boutique retail, offering minimal customization needs and convenient accessibility.
The location boasts strong walkability and steady foot traffic, supported by nearby amenities and public parking options. Zoning (DD-S2) permits a range of commercial uses, adding flexibility for future operations. A low monthly HOA fee enhances operational efficiency, while the modern building, constructed in 2009, ensures a well-maintained setting. The property also benefits from its connectivity, being minutes from Research Triangle Park, RDU International Airport, Duke University, and major nodes like Chapel Hill and Raleigh. With consistent demographic growth and significant consumer spending patterns in the surrounding area, this asset provides a rare chance to secure a foothold in one of the Triangle’s most

Description 

This property consists of a ground-floor commercial condominium in a mixed-use building located in Downtown Durham. The building was constructed in 2009 and is situated along a corridor with an estimated traffic count of 7,200 vehicles per day. The site is approximately 15 minutes from Research Triangle Park, 18 minutes from Raleigh-Durham International Airport, and in proximity to Duke University and the Durham Performing Arts Center. Public parking is available nearby, and zoning (DD-S2) enables multiple commercial uses subject to condominium regulations.

Highlights

Street-level commercial space with significant visibility within Downtown Durham.
Located along a high-traffic corridor with approximately 7,200 vehicles per day.
Highly walkable area with strong retail and amenity presence, including nearby apartments and government centers.
Flexible DD-S2 zoning supports various commercial uses within condominium guidelines.
Accessible location just 18 minutes from RDU Airport and 15 minutes to Research Triangle Park.

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Durham Amtrak Station (Carolinian - Amtrak, Piedmont - Amtrak) 2 min 10 min 0.6 mi
AirportDriveWalkDistance
Raleigh-Durham International 22 min - 14.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Anna Jenkins 919-493-0395 Pickett Sprouse Commercial Real Estate
Anna Jenkins 919-493-0395 Pickett Sprouse Commercial Real Estate