For Sale Property MLS# 10187664

515 Dowd Street

Durham, NC 27701

$7,500,000

  • 53,438Sq Ft
  • 3.54Acres
  • 1940Built
  • $140Per Sq Ft
  • 87Days Listed
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About 515 Dowd Street

PRICE REDUCED! $7,500,000! Use your imagination! This is an exciting opportunity for visionary investors, developers, and entrepreneurs! This property offers approximately 3.54 acres of land just minutes from downtown Durham. The site currently includes 2 attached brick buildings (Finished Square Footage is 53,438 and within this 53,438 Square Footage approximately 29,287 Square Footage is presently used for religious/institutional purposes. With its substantial land area, convenient location, and RU-5(2) residential zoning, this property presents an opportunity to explore a variety of residential redevelopment concepts. Potential development concepts may include: Single-family homes, Duplexes, Townhomes, Detached rowhouses, and Multiplex residential development. Prospective purchasers should independently verify zoning, permitted uses, density, development standards, subdivision requirements, utilities, environmental conditions, access, and all other applicable requirements with the City of Durham and Durham City-County Planning Department. Development potential is subject to governmental approval and site-specific due diligence. YOU DO NOT WANT TO MISS OUT ON THIS OPPORTUNITY! MAKE AN OFFER!

Property details

Property

Type
Mixed Use
MLS type
Other
Status
Active
Year built
1940
Living area
53,438 sqft
Price / sqft
$140
Lot
3.54
Original price
$8,000,000
MLS #
10187664

Interior

Heating
Forced Air
Cooling
Central Air, Electric

Exterior & lot

Features
Parking spaces: 120
Construction
Brick
Fence
Chain Link

Schools

District
Durham Public Schools

Utilities

Utilities
Public Sewer, Public
Water
Public
Sewer
Public Sewer

Financial

Financial
Doorify MLS
Annual tax
$21,620
Tax year
2025
Parcel
110724
Legal
Prop-East End School Pl:000053-000089
Special conditions
Standard

Location

County
Durham
Community
Concrete

Ask about this property

Questions on 515 Dowd Street, Durham, NC 27701, or want to see it in person?

Listed by Jackie Moore, Moore's Realty, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.