SVN | Real Estate Associates, as exclusive listing agent, is pleased to offer for sale 502 Rigsbee Avenue, a LEED Platinum-certified building located in the most bustling district in Durham, North Carolina’s thriving downtown neighborhood. This architectural gem was designed and constructed by local award-winning design-build company, BuildSense, and has earned accolades for its many sustainable features.
The building itself is an adaptive reuse of a 1940s vehicle shop, which was transformed beginning in 2012 into light-filled office and retail space for multi-tenant use. Its location in the Central Park District of downtown is unparalleled. Restaurants, bars, coffee shops, the Farmers’ Market, and hundreds of apartments fill the area, with more currently under construction. 502 Rigsbee Ave offers either an investor or an owner-occupant the opportunity to invest in a generational asset in a dynamic setting.
A ±0.19 acre parking lot located across the street at 410 Rigsbee Ave, which can park approximately 25 vehicles, is also available for sale with the building. The well-located lot has potential for development in this highly desirable Central Park location.