Listed by Pickett Sprouse Commercial Real Estate
Unpriced
116 N Mineral Springs Rd
Details
APN 0851321530, 0851321577
Property Type Retail, Office
Sub Type Executive Office, Commercial
Buildings 2
Acreage 0.25 - 0.56
Zoning CG – General Commercial
Investment Type Value Add
Retail
Marketing description
112 & 116 N Mineral Springs Road present a value-add or redevelopment opportunity to acquire two freestanding commercial properties totaling approximately ±3,036 SF on ±0.81 acres in a growing area of Durham. Zoned CG – General Commercial, the properties allow for a wide range of retail, office, service, and redevelopment uses.
The offering includes 112 N Mineral Springs Road (±820 SF on 0.25 acres), which is currently available for occupancy and offers lease-up or owner-user potential, and 116 N Mineral Springs Road (±2,216 SF on 0.56 acres), which is tenant-occupied on a month-to-month basis, providing near-term income with flexibility for future repositioning.
The combination of in-place income and vacancy upside allows investors to increase income, renovate, or reposition the assets, while the overall site configuration and scale support a potential redevelopment strategy. The larger parcel at 116 offers additional yard area and enhances the opportunity for expansion, reconfiguration, or long-term redevelopment.
With a total of ±0.81 acres, the properties provide a rare opportunity to control a meaningful commercial footprint in an improving corridor, suitable for an owner-occupant, investor, or developer. Located along N Mineral Springs Road with convenient access to NC-98 (Wake Forest Highway), I-85, Downtown Durham, Duke University, and the greater Triangle region, the properties benefit from strong connectivity and continued residential growth in the surrounding area.
Ideal for an owner-occupant, investor, or redevelopment buyer, this offering provides flexibility to execute multiple strategies in an improving Durham corridor.
Investment highlights
- Two Freestanding Buildings
- Flexible CG Zoning
- ±0.81 Acre Combined Footprint
Listing Contacts
Listed by Pickett Sprouse Commercial Real Estate
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