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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

102 Mangum St Durham, NC 27701

13,986 SF Built 1913
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1913
Total area 13,986 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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