Retail Building with Fenced
For Sale
$5,000,000
501 N Mangum, Durham, NC 27701
Small retail building with fenced parking and basement space accessible by walk-in and roll-up doors.
Property Size8,000 SF
Price / SF$625
Days on Market58
Property Features for 501 N Mangum
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Additional Details
Fenced Yard
Yes
Drive-In Doors
2
Building Details
Year Built
1954
Listing Agency:
MAMIE WILSON REALTY LLC
(919) 201-2996
Listed By:
MAMIE WILSON
Source:
Corcoran
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 6 at 4:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAMIE WILSON REALTY LLC
Investment Insights
Based on property information with market context.
This offering consists of an approximately 8,000-square-foot retail building with a roughly 4,000-square-foot basement. The basement is accessible through both a walk-in entrance and a roll-up door, providing direct options for storage, back-of-house use, or distribution. The property also includes a fenced lot with parking. The building is described as formerly operating as Public Hardware retail.
The property is located in downtown Durham and is positioned within walking distance of local dining and shopping. Public remarks also note that the City of Durham previously approved a larger development concept, keeping the prior approval on file with the Durham Planning Department.
For retail tenants, this layout can support street-level merchandising with dedicated below-grade space that can be reached by roll-up door access. For developers and buyers, the remarks indicate a previously approved 15-story building concept with four parking levels, more than 200 multi-family units, associated amenities, and infrastructure totaling over 350,000 square feet, remaining on the books under A-D2300216 (referenced in the remarks via Durham Planning Department).
The property is located in downtown Durham and is positioned within walking distance of local dining and shopping. Public remarks also note that the City of Durham previously approved a larger development concept, keeping the prior approval on file with the Durham Planning Department.
For retail tenants, this layout can support street-level merchandising with dedicated below-grade space that can be reached by roll-up door access. For developers and buyers, the remarks indicate a previously approved 15-story building concept with four parking levels, more than 200 multi-family units, associated amenities, and infrastructure totaling over 350,000 square feet, remaining on the books under A-D2300216 (referenced in the remarks via Durham Planning Department).
Key Highlights
- 8,000 SF downtown Durham building built in 1954, with a 4,000 SF basement accessible by walk‑in and roll‑up doors
- Fenced lot with parking for the property
- Former Public Hardware retail building
Property Analytics
Property Profile
Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
2,426
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Beauty & Spa 40%
Rock Paper Scissors
Beauty & Spa
1,491 visits/mo
0.4 miles
Mr. Tire
Shops & Services
1,263 visits/mo
0.4 miles
US Storage Centers
Shops & Services
939 visits/mo
0.3 miles
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Small retail building with fenced parking and basement space accessible by walk-in and roll-up doors.
Where is this retail space located?
The property is located at 501 N Mangum Durham, NC.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 8,000 SF downtown Durham building built in 1954, with a 4,000 SF basement accessible by walk‑in and roll‑up doors; Fenced lot with parking for the property; Former Public Hardware retail building
