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    331 Main St Durham, NC 27707

    Sponsored
    For Lease
    $32 SF/Yr

    Iconic Snow Building: Executive Suites Available

    Lot size:
    25,678 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Snow Building, a six-story, 25,678 square foot mixed-use property located at 331 W Main St, Durham, NC 27707, offers exceptional executive office space in Durham County. Built in 1933, this Class B building boasts a rich history and Art Deco architectural style, thoughtfully preserved through recent renovations. Tenants can choose from available spaces ranging from 240 to 615 contiguous square feet, with a total of 4,091 square feet currently vacant. The building's prime location places it within Durham's vibrant entertainment and cultural district, providing easy access to numerous amenities and attractions. The Snow Building offers a unique blend of historical charm and modern functionality, making it an ideal location for businesses seeking a prestigious address in the heart of downtown Durham. Multiple tenancies are available, providing flexibility for businesses of various sizes. This iconic building also features a rooftop penthouse, adding to its unique appeal. The minimum divisible space is 240 square feet, perfect for smaller businesses, while larger tenants can occupy up to 615 contiguous square feet. This property presents a rare opportunity to lease space in one of Durham's most desirable locations.

    Property Features for 331 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,678 SF
    Class
    B
    Total Rate
    69544.58

    Building Details

    Year Built
    1933
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 505
    Size
    480 SF
    Rate per SF
    $32
    Space
    Suite 605/606
    Size
    480 SF
    Rate per SF
    $32
    Space
    Suite 208
    Size
    588 SF
    Rate per SF
    $32
    Space
    Suite 507
    Size
    600 SF
    Rate per SF
    $32
    Space
    Suite 103
    Size
    593 SF
    Rate per SF
    $35
    Space
    Suite 603
    Size
    240 SF
    Space
    Suite 402
    Size
    240 SF
    Rate per SF
    $32
    Space
    Suite 511
    Size
    495 SF
    Rate per SF
    $32
    Space
    Suite 608
    Size
    615 SF
    Rate per SF
    $32
    Space
    Suite 502
    Size
    240 SF
    Rate per SF
    $32

    HighLights

    • 120‑720 SF suites available.
    • Perfect for small businesses and startups.
    • Historic 1930s Art Deco building with terrazzo floors and modern updates.
    • Building amenities: shared meeting rooms, break rooms with kitchen, micro‑market, and wellness area.
    • Amenity‑rich, walkable location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tobacco Road Technologies Web Hosting Company New Outlook Second ... Non-Profit Organization Triangle Jobs With ... Food Bank Black Family Land ... Non-Profit Organization Walton Dumpster Rental Garbage Collection Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.903732
    Latitude
    35.996504

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    FAQs

    What type of property is this?
    Office Property / Space - Iconic Snow Building: Executive Suites Available
    Where is this office property / space located?
    The property is located at 331 Main St Durham, NC.
    What is the lease rate?
    The lease rate is $0.00-$35 SF/Yr.
    What are key features of this property?
    This property features: 120-720 SF suites available.; Perfect for small businesses and startups.; Historic 1930s Art Deco building with terrazzo floors and modern updates.
    Request Owner's contact information
    331 Main St Durham, NC 27707
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    Durham, NC 27707
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    331 Main St Durham, NC 27707
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