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6 Grace Ln
Durham, NC 27701 City Center Durham

Price Upon Request

Land For Sale  •  1.65 AC

Property Details

  • Property Type Land
  • Lot Size 1.65 AC
  • Zoning DD-S2
48 Transit Score
79 Walk Score

Description 

6 Grace Lane offers a rare, fully entitled multifamily development opportunity in the heart of Downtown Durham. The ±1.65-acre site is site-plan approved for a mixed-use project comprising 201 residential units and 8,721 square feet of ground-floor commercial space. Located within a federally designated Opportunity Zone, the property is well positioned for long-term value creation.

Located at the intersection of Liberty Street and Elizabeth Street in Downtown Durham, the property offers immediate access to employment, dining, entertainment, and cultural amenities. Ongoing institutional and life sciences investment continues to drive strong residential demand in this walkable, high-growth submarket.

Highlights

201 Multifamily Units Fully Approved
8,721 SF of ground-floor commercial space
Unit mix includes: 90 Studio units | 94 One-bedroom units | 17 Two-bedroom units
No affordable housing requirements
Sewer Capacity Approved and Allocated for all 201 Units
Surrounded by new multifamily development driving Downtown Durham’s eastward expansion, with easy access to downtown and employment hubs

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
3 min 20 min 1.0 mi
AirportDriveWalkDistance
Raleigh-Durham International 22 min - 14.2 mi
Mike Glennon 703-772-2339 Lee & Associates
Mike Glennon 703-772-2339 Lee & Associates