$695,000

MASSIVE PRICE REDUCTION for this RETAIL or REDEVELOPMENT OPPORTUNITY IN THE HEART OF DOWNTOWN DURHAM / UNH CAMPUS! This property sits at the very center of downtown Durham and offers a 60'x50' footprint that is ready for redevelopment, or you can maintain the current configuration, a one-story retail building with three separate store fronts. However, with favorable Central Business zoning, this property's highest and best use would be a multi-story mixed use building with office retail at street level, and housing above. The current owner has preliminary elevations but no active permits. Another option would be to remove the existing structure to make way for a much-needed parking lot in the heart of downtown that could be fully automated earning cash while you sleep. Additional uses in the CB district include hotel, restaurant/bar, gallery, and theater. All information provided should be verified by the buyer. Seller and Agent make no warranties or representations about the potential of the site.