Back to Search
Downtown Durham Retail Opportunity

112 E MAIN ST Durham, NC 27701

112 E MAIN ST, Durham, NC, 27701
Contact for pricing
For Sale
Claim this Listing
Contact for pricing

2,386 SF retail property in prime downtown location.

Property Size2,386 SF
Price / SF$347.86
AddedMay 19
Days on Market59
Last RefreshJul 13 at 7:41 am

Property Features for 112 E MAIN ST

General Information

Standard status
Active
Size
2,386 SF
Property subtype
Retail

Building Details

Year Built
1920

Listing office Elite Commercial Group

Listing date May 19, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Elite Commercial Group


Investment Insights

Based on property information with market context.

This 2,386 square foot property is located in downtown Durham. The zoning is DD-C (Downtown Design – Core). The location provides walking distance access to the American Tobacco Campus, Durham Bulls Athletic Park, and the Durham Performing Arts Center (DPAC). It also offers easy access to Durham Freeway and is 15 minutes from RDU & RTP. The property is also available as a combined portfolio with 114 E Main St. Both properties share the same owner, are contiguous, and have interior access between them. Purchasing together unlocks short-term rental approval for the second floor and maximizes income potential in one of NC's most dynamic downtown markets. *116 E Main St may be willing to sell as a portfolio.

Key Highlights

  • Prime downtown location: walk to American Tobacco Campus, Durham Bulls Athletic Park, and DPAC.
  • Combined portfolio potential: Contiguous with 114 E Main St, offering interior access and maximized income potential.
  • Purchasing both properties unlocks short‑term rental approval for the second floor.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.9k $18.00
− Vacancy −$3.7k −$1.53
EGI $39.3k $16.47
− OpEx −$11.8k −$4.94
NOI $27.5k $11.53
2,386 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$393.0K
$343.9K – $458.5K (±1% cap)
NOI $27,508 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$770.5K
$674.2K – $898.9K (±1% cap)
NOI $53,933 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Morningstar Law Group Law Firm B-Smokestack Vapes (Bike/Boat/Book/etc) Store Johnson Allied Health ... Home Health Care Service Golder's Bailbonds Law Firm Luna Rotisserie and Empanadas Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Home Appliance Store Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Auto Parts Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Lavish Leaf — 555 S Mangum St Suite 100, Durham, NC 27701
  • SameDay-FlowerDelivery — 804 old fayetteville st, durham, nc 27701
  • Fragrant Garden Florist — 614 W Main St, Durham, NC 27701
  • Fragrant Garden Florist — 801 Gilbert St, Durham, NC 27701

FAQs

What type of property is this?
Storefront property - 2,386 SF retail property in prime downtown location.
Where is this storefront property located?
The property is located at 112 E MAIN ST Durham, NC.
What is the asking price?
The asking price for this property is $830,000.
What are key features of this property?
This property features: Prime downtown location: walk to American Tobacco Campus, Durham Bulls Athletic Park, and DPAC.; Combined portfolio potential: Contiguous with 114 E Main St, offering interior access and maximized income potential.; Purchasing both properties unlocks short‑term rental approval for the second floor.
Contact an agent
(919) 985-9416 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message