921 Midway Avenue, Durham, NC for sale

Investment Overview

Rare opportunity to own a retail building in one of the countries hottest markets for under $1,000,000. 2 of the 3 suites are occupied making it perfect for an investor with upside, or an owner occupant who wants to use 1 unit and have 2 streams of rental income from the other.

Investment Highlights

• 70% Leased, NNN Income Stability. Occupied by two tenants on NNN leases, providing predictable, low-management cash flow with tenants covering taxes, insurance, and CAM expenses.
• Flexible CG Zoning: Commercial General (CG) under Durham's UDO, supporting a wide variety of commercial uses.
• Functional Unit Layout — Each unit includes a 9'x9' drive-in door, private bathroom, and dedicated office space (layout may vary by unit), ideal for auto, trade, and service-based tenants.
• New Roof (2025) — Roof was fully replaced in 2025, reducing near-term capital expenditure risk for the next owner.