515 Dowd Street, Durham, North Carolina, 27701

515 Dowd Street, Durham, North Carolina, 27701
Durham
$8,000,000
53,438 Sqft
3.54 Acres
#10187664
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!

PROPERTY FEATURES

  • Business Type: Church, Commercial
  • Water Source : Public
  • Sewer Source : Public Sewer
  • Fencing : Chain Link
  • Road Frontage Type : Concrete
  • Cooling: Central Air, Electric
  • Heating : Forced Air
  • Construction Materials: Brick
  • Building Features : High Speed Internet
  • Special Listing Conditions: Standard
PROPERTY DETAILS
ID: 10187664
Status: Active
Price: $8,000,000
Acres: 3.54 Acres
Price Per Acre: $2,259,887
Type: Other
Address: 515 Dowd Street
City, State: Durham, North Carolina
County: Durham
Zip Code: 27701
Lat/Long: 36.001293, -78.888932
Presented By: Jackie Moore
Phone: 919-931-1116
Email: Click to Contact
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