312 S Miami Blvd 25,668 SF Industrial Building Durham, NC 27703 For Sale

This 25,668 SF industrial building, situated on a total of 9 acres with approximately 3 acres occupied by the existing structure, offers a rare opportunity in a premier Durham location just off the HWY 70 Interchange and Durham–147. The masonry-constructed facility, built in 1965, features a dry sprinkler system, one dock-high door, and two 12’ W x 15’ H drive-in doors. The original roof remains, with recent replacement estimates ranging between $200,000 and $300,000. This 3-acre parcel (on which the existing building is situated) includes 20 existing striped parking spaces and excess rear acreage for additional parking if needed. Zoned IL, the remaining 6 acres offer a preliminary conceptual for an additional 35,000–45,000 SF of building square footage, which could accommodate one single large structure or multiple freestanding buildings. This excess land may also support IOS (Industrial Outside Storage), laydown areas, or further development, with flexibility to sell separately if desired.
Owned by a financially strong, locally based elevator contracting company with over 20 years in business, the current owner is open to a leaseback of the existing building / 3-acre parcel. Financials are available upon signing an NDA. The site provides excellent exposure and visibility from HWY 70 and is well-positioned for an industrial user seeking a quasi-retail footprint with valuable excess land. This listing presents a highly flexible and strategic “menu” of options—whether for investment, user occupancy, or future development. Please inquire regarding pricing breakdown hypothetical's, whether selling altogether (entire 9 acres including existing building / 3 - acre parcel) or subdividing selling individually.
Existing building includes: Three Individual Panel Boxes consisting of 1) Three Phase, 600 Amp - 277/480 Volt, 1000 Amp - 120/208Volt, and 225 A - 120/208 Volt.
I-95 to Eastern Triad - A RARE FOOTPRINT TO BE FOUND