112 W. Main St. – SOLD

$2,700,000
Sold
Luna-FrontNightLuna-DiningRoomView112wmain3

Property Details

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112 W. Main St., Durham, North Carolina 27701

Description:

SOLD - Fully leased two-story building for sale in the heart of Downtown Durham.   This property was completely renovated and features 9,256 total square feet, which represents 8,250 sq ft above-grade plus a 1,000 sq ft basement.  The building features stable tenants with market-rate leases, and has storefront exposure on both W. Main St. and W. Parrish St.  Tenants include a popular restaurant, a local dance studio and a regional law group.  2019 projected net operating income is $163,481. The property is located adjacent to the new One City Center Tower directly in the middle of Downtown Durham, in direct proximity to restaurants, nightlife, hotels, DPAC, Durham Bulls Athletic Park, Carolina Theatre, Durham Convention Center, etc.