Search
Storefront Building With Basement
For Sale
$5,000,000

501 N Mangum Street, Durham, NC 27701

Commercial Sale, Durham, NC

Property Size8,000 SF
Lot Size0.69 Acres
Price / SF$625
Days on Market93

Property Features for 501 N Mangum Street

General Information

Property type Commercial Sale
Property subtype Retail
Rooms Basement
Basement Exterior Entry, Walk-Out Access
Subdivision Not in a Subdivision
Standard status Active
APN 0831-08-1442 and 0831-08-1343
Size 8,000 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Prop-Allenton Co DBA/Public Hardware PL:102-162 and Prop-Knight Alton J DBA/Surface Parking Lot PL:41-195
Tax Annual Amount 24993
Legal Description Prop-Allenton Co DBA/Public Hardware PL:102-162 and Prop-Knight Alton J DBA/Surface Parking Lot PL:41-195

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1954
Floors in Building 1
Building materials Metal Siding
Listing Agency: Mamie Wilson Realty LLC
Listed By: Mamie Wilson
Added: Jun 10 Changed: Sep 5 Last Checked: Sep 10 at 9:06PM
MLS# 10173029

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 501 N Mangum Street in Durham, this 8,000-square-foot storefront property was built in 1954 and features metal siding. The building includes a 4,000-square-foot basement with walk-in and roll-up door access, providing substantial lower-level space. A fenced lot with parking serves the property, while public water and public sewer are available.

The property previously operated as a Public Hardware retail location. City of Durham records identify prior approval for a 15-story development with 4 parking levels, more than 200 multifamily units, related amenities, and infrastructure across over 350,000 square feet. The approval is associated with A-D2300216 and 501 N Mangum Street. Downtown Durham dining and shopping are within walking distance.

Key Highlights

  • 8,000 sqft storefront building on a 0.69‑acre lot
  • 4,000 sqft basement with walk‑in and roll‑up door access
  • Fenced lot with parking

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Veterinary Clinic Dental Office Locksmith Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

2,878
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Beauty & Spa 40%
Rock Paper Scissors Beauty & Spa
1,491 visits/mo 0.1 miles
Mr. Tire Shops & Services
1,263 visits/mo 0.2 miles
US Storage Centers Shops & Services
939 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lavish Leaf 555 S Mangum St Suite 100, Durham, NC 27701
  • Fragrant Garden Florist 801 Gilbert St, Durham, NC 27701
  • Fragrant Garden Florist 614 W Main St, Durham, NC 27701

Frequently Asked Questions

What type of property is this?
Storefront property - Metal-sided retail building with a fenced parking lot, public water and sewer, and a large lower-level storage area.
Where is this storefront property located?
The property is located at 501 N Mangum Street 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 sqft storefront building on a 0.69‑acre lot; 4,000 sqft basement with walk‑in and roll‑up door access; Fenced lot with parking
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message