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$1,880,000
0.48± Acres
Active
Durham County, NC

5210 Garrett, Durham, North Carolina

MLS ID: 2489561
Status: Active
Price: $1,880,000
Acres: 0.48±
Type: Commercial
Address: 5210 Garrett
City, State: Durham, NC
County: Durham County
ZIP Code: 27707
SqFt: 1,804
Year Built: 1997

Description

PRICE IMPROVEMENT - $100k! This ~ 1/2 acre Hope Valley area property has served as the home of China Palace restaurant since 1997. The property sees high visibility from the road being situated on a major street corner at the intersection of Garrett Road & Old Chapel Hill Road-- NCDOT traffic data found in agent remarks & MLS documents. Located about midway between Duke & UNC universities. About 1800 sf of dry storage area below grade. Approx. 15 or so parking spaces in its current configuration-- likely spaces for 18-19 in total. Electric Vehicle charging business opportunity may be possible. See agent remarks and documents section for more information.

Directions: I-40. Exit 274 onto Hwy 751. in 1.1 miles turn left on Garrett Rd. In 2.1 miles turn left on Old Chapel Hill Road (University Rd. is on the right) and restaurant is immediately on the right on the NW corner of Garrett & Old Chapel Hill Rd.

Additional Information

Interior

Building Area Total: 1,804
Heating (Yes/no): Yes
Heating: Natural Gas
Interior Features: Entrance Foyer

Exterior

Lot Size Area: 20,909
Lot Size Dimensions: 173 x 164 x 122 x 52 x 85
Lot Size Square Feet: 20,909
Road Frontage Type: 6 Lane Road
Stories: 1

Financial/HOA/Schools

Days On Market: 406
Tax Annual Amount: 5013
Doug Moore

Doug Moore

Lillington, North Carolina

(919) 291-6390

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Listed By: Tip Iuliucci of Northside Realty Inc. - (919) 628-4663