Historic Hotel with Event
For Sale
Contact for pricing
204 N Buchanan Blvd, Durham, NC 27701
Restored hospitality property combines guest accommodations, event facilities, and a commercial kitchen near Duke University and Downtown Durham.
Property Size24,000 SF
Days on Market144
Property Features for 204 N Buchanan Blvd
General Information
Standard status
Active
Size
24,000 SF
Property subtype
Hospitality, Multifamily
Additional Details
Business Included
Yes
Amenities
event spaces
full commercial kitchen
owner's penthouse with walkout deck
technological upgrades
environmentally-friendly upgrades
Building Details
Year Built
1925
Year Renovated
2009
Buildings
1
Listing Agency:
Maverick Partners
Listed By:
Chris Burnham · License #NC 290552
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 11:23PM
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 Maverick Partners
Investment Insights
Based on property information with market context.
This 24,000+ SF hotel property occupies a restored building originally constructed in 1925 and renovated in 2009. The layout includes 17 guest rooms, 3+ event spaces, a full commercial kitchen, and a 4,000 SF Owner's Penthouse with a walkout deck. The property carries a Four Diamond designation and combines historic architectural character with hotel-oriented improvements.
The inn is adjacent to Duke University in Durham's Trinity Park and within walking distance of Downtown Durham. Its location places the property near the university and downtown activity, while the event facilities support bookings tied to on-site gatherings. The property also presents redevelopment potential for condos or apartments, in addition to continued hospitality use.
The inn is adjacent to Duke University in Durham's Trinity Park and within walking distance of Downtown Durham. Its location places the property near the university and downtown activity, while the event facilities support bookings tied to on-site gatherings. The property also presents redevelopment potential for condos or apartments, in addition to continued hospitality use.
Key Highlights
- 24,000+ SF hotel building constructed in 1925 and renovated in 2009
- 17 guest rooms with 3+ event spaces
- 4,000 SF Owner's Penthouse with walkout deck
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,805
Businesses Nearby
Explore this area
Business Placement
Demographics for 27701, NC
25,208
Population
13,409
Households
1.9
Avg Household Size
34
Median Age
50%
College-Educated
85%
High-School Grad
5.2 sq mi
ZIP Area
4,848
Density / Sq Mi
$66,852
Median Household Income
$47,681
Median Earnings
$1,279
Median Rent
$457,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Restored hospitality property combines guest accommodations, event facilities, and a commercial kitchen near Duke University and Downtown Durham.
Where is this hotel located?
The property is located at 204 N Buchanan Blvd Durham, NC.
What are key features of this property?
This property features: 24,000+ SF hotel building constructed in 1925 and renovated in 2009; 17 guest rooms with 3+ event spaces; 4,000 SF Owner's Penthouse with walkout deck
