Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    102 Mangum St Durham, NC 27701

    Sponsored
    For Lease
    $26 SF/Yr

    Historic Charm, Modern Amenities, Flexible Space

    Lot size:
    13,986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at the corner of N. Mangum Street and E. Parrish Street in the heart of Downtown Durham, offers a unique opportunity for businesses seeking executive office space. Comprising three historic buildings totaling 13,986 square feet, the property has undergone recent renovations and boasts a coveted Class B rating. Three spaces are currently available, ranging from a minimum of 1,354 square feet to a maximum contiguous space of 6,527 square feet, with a total of 9,767 square feet currently vacant. The property benefits from a highly walkable location (92 Walk Score), placing it within easy reach of City and County municipal buildings, including Durham City Hall. Successful co-tenants include Bull City Burger & Brewery, Bull City Learning, and on Track Technologies. Its prime downtown location provides convenient access to Duke University, the American Tobacco Campus, and the Durham Freeway (Hwy 147). Nearby attractions include the Carolina Theatre, Durham Performing Arts Center (DPAC), Durham Bulls Athletic Park (DBAP), and a vibrant array of restaurants, breweries, distilleries, and art galleries. On-street and deck parking is available. Favorable lease terms are offered by a well-capitalized owner, making this a compelling investment opportunity. The property was built in 1913 and features multiple tenancies.

    Property Features for 102 Mangum St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,986 SF
    Class
    B
    Total Rate
    30303

    Building Details

    Year Built
    1913
    Buildings
    3

    Unit(s) available at that property

    Space
    107 Parrish - Suite 201
    Size
    3,244 SF
    Rate per SF
    $26
    Space
    Suite 204
    Size
    3,285 SF
    Rate per SF
    $32
    Space
    200 N. Mangum - Suite 102
    Size
    3,238 SF
    Rate per SF
    $32

    HighLights

    • Three historic buildings totaling 13,986 square feet available for lease in Downtown Durham.
    • Favorable lease terms offered by a well‑capitalized owner.
    • Recently renovated with 9,767 square feet of vacant space divisible from 1,354 to 6,527 square feet.
    • Excellent walkability (92 Walk Score), adjacent to Durham City Hall, and near Duke University, American Tobacco Campus, and Hwy 147.
    • Strong co‑tenancy including Bull City Burger & Brewery, Bull City Learning, and on Track Technologies.
    • On‑street and deck parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.899855
    Latitude
    35.9956161

    Nearby Similar for Lease

    • $29,460
      22,649 SF

      Prime Durham Office Space Available

      12,000 SF office space for lease in Durham, NC.
      5310 S Alston Ave, Durham, NC 27713
      View Details
    • $45,045
      2,145 SF

      Durham Office Space For Lease

      Flexible office unit with ample parking and recent upgrades.
      1906 A, Durham, NC 27713
      View Details
    • $36,000
      1,760 SF

      Office Suite with Private Offices

      Office suite featuring multiple private office spaces for rent.
      5315 Highgate Dr, Durham, NC 27713
      View Details
    • $18 SF/Yr
      Pending

      Prime Medical Office Space Available

      Versatile medical/office space in Durham's thriving North Duke corridor.
      2609 N Duke St Unit Bldg 300, Durham, NC 27704
      View Details
    • $3,500 /Mo
      2,000 SF

      Office Condo in Durham's Office Park

      Office condominium with private entrance in a convenient location.
      6 Consultant Pl, Durham, NC 27707
      View Details
    • $1,995 /Mo
      1,000 SF

      Office Space Near Universities

      Office space in Durham, close to amenities and universities.
      1804 Martin Luther King Junior Pkwy, Durham, NC 27707
      View Details
    • $3,232 /Mo
      1,168 SF

      Retail Space Near RTP

      Retail space in a vibrant neighborhood center near RTP.
      5125 Nc-55, Durham, NC 27713
      View Details
    • $2,250 /Mo
      1,890 SF

      Sprawling Townhome in Stellar Durham

      Light-filled townhome with high-end finishes, chef's kitchen, and private backyard.
      118 Brookview St, Durham, NC 27713
      View Details
    • $2,250 /Mo
      1,890 SF

      Sprawling Townhome in Stellar Durham

      Light-filled townhome with high-end finishes, chef's kitchen, and private backyard.
      118 Brookview St, Durham, NC 27713
      View Details
    • $1,950 /Mo

      Charming Townhome in Woodcroft

      3BR/2.5BA end-unit townhome in Durham's desirable Woodcroft neighborhood.
      7 Preakness Dr, Durham, NC 27713
      View Details
    • $23 SF/Yr
      4,769 SF

      Durham Medical/Office Building for Lease

      Freestanding 4,769 SF building suitable for medical or office use.
      110 E Carver St, Durham, NC 27704
      View Details
    • $26 SF/Yr
      35,378 SF

      Downtown Durham Historic Buildings

      Historic buildings in downtown Durham with retail and office spaces.
      102 City Hall Plz, Durham, NC 27701
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Historic Charm, Modern Amenities, Flexible Space
    Where is this office property / space located?
    The property is located at 102 Mangum St Durham, NC.
    What is the lease rate?
    The lease rate is $26-$32 SF/Yr.
    What are key features of this property?
    This property features: Three historic buildings totaling 13,986 square feet available for lease in Downtown Durham.; Favorable lease terms offered by a well-capitalized owner.; Recently renovated with 9,767 square feet of vacant space divisible from 1,354 to 6,527 square feet.
    Request Owner's contact information
    102 Mangum St Durham, NC 27701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Mangum St
    Durham, NC 27701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Mangum St Durham, NC 27701
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.