949 Washington_Property for Sale
949 Washington_Property for Sale
949 Washington, Durham, NC, Durham, NC, 27701, US

949 Washington

Asset description

Jones Lang LaSalle, a North Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for 949 Washington, a 37,492 square foot asset in Raleigh-Durham, one of the nation’s top ranked real estate markets. The Asset is located less than a mile from the heart of Downtown Durham with phenomenal accessibility to nearby amenities as well as the greater market. 949 Washington sits on 3.074 acres with a parking ratio of 3.4/1,000 SF and boasts significant optionality in the business plan with zoning accommodating a variety of uses from flex and showroom space to life science research and creative office, as well as allowing for multiple retail uses. The shell condition paired with strong renovations from ownership allows for maximum optionality and zoning allows for numerous suitable uses for the Asset. 

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Attributes

Building area net
3,483 sm
Year renovated
2022
Year built
1952
Zoning
Industrial Light
Parking spaces
128
Land area net
1.24 ha

Media

Investment highlights

  • A Versatile Investment Opportunity in Downtown Durham
  • Strong Features for a Variety of Uses
  • Strong Nearby Growth With Diminishing Similar Product
  • Irreplaceable Infill Product Offered Below Replacement Cost
  • Amenity Rich Location in the Path of Progress
  • Downtown Durham, A Bastion for Innovative Institutions and Startups Alike


949 Washington 4_Property for Sale
949 Washington 4_Property for Sale

Contact brokers

949 Washington (0 Properties)

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Last updated
Jun 24, 2024