1929 Chapel Hill Rd Durham, NC 27707
- Turn key restaurants
- 2,897 SF
- 0.52 lot acres
Current Use by Public Records
- Azteca Grill / Restaurant / Mexican Restaurant
Property Details for 1929 Chapel Hill Rd
- Year built
- 2001
- Lot size
- 0.52 lot acres
- Property size
- 2,897 SF
- Zone code
- CN
- Property type
- Turn key restaurants
- APN
- 107957
- APU
- 107957
Description
This exceptional retail property, located at 1929 Chapel Hill Road in Durham, North Carolina, presents a unique investment opportunity. Situated on a 0.52-acre lot within the thriving Lakewood Shopping Center, this property benefits from high visibility and foot traffic due to its location on a well-travelled route. The property includes both land and building, offering significant potential for a variety of retail businesses. The surrounding area is experiencing considerable growth and boasts a vibrant mix of established businesses, including boutique shops, diverse restaurants, a grocery store, and the Scrape Exchange, ensuring a strong customer base and synergistic environment. The sale price is $500,000 and is subject to an existing lease. Prospective buyers are kindly requested to refrain from contacting the current tenant. This is an excellent chance to acquire a well-positioned retail space in a rapidly developing area of Durham. The square footage of the building is not currently available. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.926
- Latitude
- 35.9871
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
