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708 Kent St 4,082 SF Specialty Building Offered at $704,940 CAD in Durham, NC 27701



INVESTMENT HIGHLIGHTS
- Located in the West End of Downtown Durham
- Nestled just minutes away from Duke University and the Nasher Museum anchored by the Durham Co-op Market, Emily K Community Center, &Burch Avenue Park
- This iconic building is home to an eclectic mix of businesses and historical structures.
- Downtown Durham is known for its lively arts and culinary experiences.
EXECUTIVE SUMMARY
Own a piece of Durham's rich history with one of the oldest religious buildings in the City, built in 1888. Listed on the National Register of Historic Places, the property is eligible for both Federal and State Historic tax credits. Additionally, the property can be submitted for approval as a Local Landmark, resulting in a 50%reduction in assessed property taxes. RU-5 Zoning allows for a variety of uses with a new proposed CX-3 Zoning classification in the upcoming Unified Development Ordinance change that continues the mix of uses.
PROPERTY FACTS
| Price | $704,940 CAD | Building Class | C |
| Price Per SF | $172.69 CAD | Lot Size | 0.20 AC |
| Sale Type | Owner User | Building Size | 4,082 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Religious Facility | Year Built/Renovated | 1888/1950 |
| Zoning | RU-5(2) - Residential | ||
| Price | $704,940 CAD |
| Price Per SF | $172.69 CAD |
| Sale Type | Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,082 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1888/1950 |
| Zoning | RU-5(2) - Residential |
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 114049 | Improvements Assessment | $470,075 CAD |
| Land Assessment | $336,634 CAD | Total Assessment | $806,709 CAD |
PROPERTY TAXES
Parcel Number
114049
Land Assessment
$336,634 CAD
Improvements Assessment
$470,075 CAD
Total Assessment
$806,709 CAD
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708 Kent St
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