Listed by Maverick Partners
$1,800,000
216-218 Rigsbee Avenue
Details
Property Type Office
Sub Type Executive Office
Square Footage 10,461
Tenancy Vacant
Lease Type NNN
Class C
Year Built 1936
Stories 3
Acreage 0.070
Zoning DD-C
Office | 10,461 SqFt
Marketing description
Maverick Partners Realty is pleased to present 216-218 Rigsbee Avenue located in the Downtown Durham vibrant retail and business core. This 10,461 SF building is offered "For Sale" or "For Lease". Flexibility and functionality highlight the many ways this space can evolve ranging from office use, converting the existing structure to residential, or constructing a new mid-rise building on the .07 acre lot. 216-218 Rigsbee Avenue's proximity to restaurants, bars, and hotels, Durham's Convention Center, Carolina Theater, Durham Bulls Stadium, American Tobacco, and the Performing Arts Center are major attractions for all users or investors.
Positioned in the thriving Downtown Durham core, 216-218 Rigsbee Avene offers a dynamic environment for prospective investors and users. Embrace the blend of historical significance and modern vibrancy, with revered institutions such as the Durham Performing Arts Center, Durham Arts Council, and the prestigious Duke University nearby. Additionally, the Innovation District and American Tobacco fuel the area's reputation as a hub for cutting-edge research and innovation, while the Durham Food scene is revered as one of the most renowned nationally. Explore the lucrative prospects of this prime commercial real estate market.
Investment highlights
- Prime location in Downtown Durham's vibrant retail and business core. Listed $1,800,000 or lease at $14/SF (NNN)
- 3-story building with 4 levels. Functioning elevator with a large break room/area on the mezzanine level
- Conveniently located near bustling bars, restaurants, boutique hotels, arts and entertainment
- Adjacent to the Morgan Rigsbee Parking Garagea
Listing Contacts
Listed by Maverick Partners
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