Property History
Property Type
Property Type
Marketing Description
Real Estate Associates, Inc., as exclusive listing agent, is pleased to offer for sale to a qualified buyer 1906 NC 54 Highway East in Durham, North Carolina. This property consists of twelve condominium units, all owned by one entity, making up the entirety of the two buildings on the site. The tenant suites are intentionally leased to a variety of businesses on a short-term basis, thus giving a buyer ultimate flexibility with few long term lease encumbrances. The property offers the opportunity for a value-add investor to further upgrade the building and lease the spaces at market rates, or for an owner occupant to utilize vacant spaces within the property for its own use, while maintaining an income stream from existing or new tenants.
Investment Highlights
- Value-add Investor Or Owner-occupant Potential
- Close Proximity To Rtp (<1.0 Mi), The Streets At Southpoint Mall (2.7 Mi), Duke University (9.3 Mi), Unc Hospitals (10.0 Mi), Rdu Airport (8.5 Mi)
- Easy Access To Major Roads Including I-40, Hwy 147 (The Durham Freeway),
- I-540, Nc Hwy 54, Nc Hwy 55, Fayetteville Road
- Highly Visible Property
- Traffic Count Of 22,000 Vpd (Ncdot)
- Condo Association Common Area (100% Controlled By Owner): 1.032 Acres
Broker Reported
Public Record
Activated On
Sold Price
Description
Marketing Description
Marketing Description Text
Investment Highlights
Brokers
Price/Sq Ft
Asking Price
Asking Price Per Square Foot
Days on Market
Brokerage(s)
Property Type
Property Type
Marketing Description
Real Estate Associates, Inc., as exclusive listing agent, is pleased to offer for sale to a qualified buyer 1906 NC 54 Highway East in Durham, North Carolina. This property consists of twelve condominium units, all owned by one entity, making up the entirety of the two buildings on the site. The tenant suites are intentionally leased to a variety of businesses on a short-term basis, thus giving a buyer ultimate flexibility with few long term lease encumbrances. The property offers the opportunity for a value-add investor to further upgrade the building and lease the spaces at market rates, or for an owner occupant to utilize vacant spaces within the property for its own use, while maintaining an income stream from existing or new tenants.
Investment Highlights
- Value-add investor or owner-occupant potential•
- Close proximity to RTP (<1.0 mi), The Streets at Southpoint Mall (2.7 mi), Duke University (9.3 mi), UNC Hospitals (10.0 mi), RDU Airport (8.5 mi)•
- Easy access to major roads including I-40, Hwy 147 (The Durham Freeway),I-540, NC Hwy 54, NC Hwy 55, Fayetteville Road•
- Highly visible property•
- Traffic Count of 22,000 VPD (NCDOT)•
- Condo Association Common Area (100% controlled by owner): 1.032 acres
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
CN CommercialNeighborhood CommercialCommercial Neighborhood
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View all 94 uses
View all 94 uses Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Sold on
BY:
Carey Greene PRO
•••.•••.5672
•••••.••eene@•••.com
Sold on
BY:
David Green PRO
•••.•••.0260
••reen@•••••.com
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