Retail Building with Basement Access

501 N Mangum Street Unit 501, Durham, NC 27701

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For Sale

$5,000,000

Retail building offers a second level with walk-in and roll-up access plus fenced lot parking for operations or reuse.

Type:Retail

Property size:

8,000 SF

Price / SF:

$625/SF

HighLights

8000 sq ft retail building in downtown Durham, built in 1954
4000 sq ft basement with walk‑in and roll‑up door access
Second level includes walk‑in and roll‑up access plus fenced lot parking
Fenced lot with parking and exterior access via City Road
Former Public Hardware retail building
Previously approved by the City of Durham for a 15‑story project with 4 parking levels and 200+ multi‑family units (approval listed under A - D2300216)

We can help!

Listing Contact

Mamie Wilson

Learn more

For Sale

$5,000,000

Retail building offers a second level with walk-in and roll-up access plus fenced lot parking for operations or reuse.

Type:Retail

Property size:

8,000 SF

Price / SF:

$625/SF

Added:: Jun 7, 2026
Days on Market:: 9
Last Refresh:: Jun 15 at 2:59 am

Property Features for 501 N Mangum Street Unit 501

General Information

Standard status: Active
Size: 8,000 SF
Property subtype: Retail

Building Details

Year Built: 1954

We can help!

Listing Contact

Mamie Wilson

Listing agent Mamie Wilson

Listing office Mamie Wilson Realty LLC

Listing date Jun 7, 2026

Source Xome

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

HighLights

8000 sq ft retail building in downtown Durham, built in 1954
4000 sq ft basement with walk‑in and roll‑up door access
Second level includes walk‑in and roll‑up access plus fenced lot parking
Fenced lot with parking and exterior access via City Road
Former Public Hardware retail building
Previously approved by the City of Durham for a 15‑story project with 4 parking levels and 200+ multi‑family units (approval listed under A - D2300216)

Overview

This retail building includes approximately 8,000 square feet above grade and a 4,000 square foot basement area. The basement is accessible through both walk-in entry and roll-up doors, supporting practical back-of-house movement and storage. The property sits on a fenced lot with parking, and it has previously been used as a public hardware retail location.

The property is located at 501 N Mangum Street in downtown Durham. Public remarks note convenient walking distance to local dining and shopping. The prior development approval history is also on file with the City of Durham Planning Department under A - D2300216, referenced in the remarks through 501 N Mangum Street.

For tenants, owner-occupants, or buyers considering redevelopment, the existing structure and basement access can support a range of retail and operational uses, depending on permitting and tenant requirements. The fact that a prior, higher-density development approval was previously granted may be relevant for parties exploring feasibility; however, any current project would be subject to the applicable approvals and processes.

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Similar Places Nearby

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

Location Insight

Map
Local Demand

City: Durham
County: Durham
State: North Carolina
Longitude: -78.8980987
Latitude: 35.9984246

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For sale
Storefront properties
NC
Durham
27701
501 N Mangum Street Unit 501

What type of property is this?

Storefront property - Retail building offers a second level with walk-in and roll-up access plus fenced lot parking for operations or reuse.

Where is this storefront property located?

The property is located at 501 N Mangum Street Unit 501 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: 8000 sq ft retail building in downtown Durham, built in 1954; 4000 sq ft basement with walk‑in and roll‑up door access; Second level includes walk‑in and roll‑up access plus fenced lot parking