112 E MAIN ST Durham, NC 27701
2,386 SF retail property in prime downtown location.
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 (919) 985-9416
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.
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 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
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