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Loft-Style Retail Space
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501 Washington St., Durham, NC 27701

A 2020 upfit combines historic character with exposed architectural finishes.

Space SizeContact for details
Property Size18,995 SF
Days on Market67

Property Features for 501 Washington St.

General Information

Standard status Active
Size 18,995 SF
Property subtype Retail

Additional Details

Space Use Retail

Amenities

loft aesthetics
soaring volume
exposed roof trusses
exposed brick walls
hardwood floors
ample on-site parking

Building Details

Building Size 18,995 SF
Year Built 1924
Year Renovated 2020
Listing Agency: Maverick Partners
Listed By: Liv Jorgenson · License ##253943
Source: Maverickpartners
Added: Jun 25 Changed: Aug 29 Last Checked: Aug 29 at 8:51PM

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 retail space occupies the historic City Garage component of the Wye Junction development. Originally dating to circa 1924, the unit received a 2020 upfit and retains distinctive architectural elements suited to a character-rich commercial setting. Interior features include exposed roof trusses, exposed brick walls, hardwood flooring, and soaring volume.

The property is at 501 Washington St. in Durham’s Warehouse District, within Downtown Durham. On-site parking is available, and the space is part of a development with multiple retail occupants. Its combination of updated condition and preserved industrial details provides a recognizable setting for retail use.

Key Highlights

  • 2020 upfit in excellent condition
  • Historic City Garage component dating to circa 1924
  • Exposed roof trusses, brick walls, and hardwood floors

Property Analytics

Current Use

Plum Southern Kitchen ... Restaurant Integral Resources Charitable Organization Re/Max: Steiner Jerry Real Estate Agency Zapolski Real Estate ... Real Estate Agency Atomic Clock Brewing ... Production Facility

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,243
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Hotels & Casinos 18% Dining 12% Beauty & Spa 7%
Shell Shops & Services
8,858 visits/mo 0.4 miles
Residence Inn by Marriott Durham McPherson/Duke University Medical Center Area Hotels & Casinos
3,934 visits/mo 0.5 miles
Food Mart Shops & Services
2,869 visits/mo 0.2 miles
Jeni's Splendid Ice Creams Dining
2,524 visits/mo 0.4 miles
Rock Paper Scissors Beauty & Spa
1,491 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A 2020 upfit combines historic character with exposed architectural finishes.
Where is this retail space located?
The property is located at 501 Washington St. Durham, NC.
What are key features of this property?
This property features: 2020 upfit in excellent condition; Historic City Garage component dating to circa 1924; Exposed roof trusses, brick walls, and hardwood floors
More about this property
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