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For sale
Office Units
NC
Durham
27701
100 E Parrish St Suite 100

First Floor Office Condo

100 E Parrish St Suite 100, Durham, NC 27701

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For Sale

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Office condo for sale in well-maintained building.

Type:Office

Property size:

2,336 SF

Price / SF:

$224/SF

HighLights

Two condos available together for $925,000, offering approximately 3,852 sq ft.
Option to purchase individual condos: Suite 100 (approx. 2,336 sq ft) for $525,000 and Suite 150 (approx. 1,516 sq ft) for $400,000.
Central location close to parking, restaurants, bars, and Durham City and County offices.
Well‑maintained building.
Configured with several conference rooms, private offices, and a kitchen.
Suitable for attorneys, therapists, financial planners, or other professional service providers.

We can help!

Listing Contact

Ian Niedel

Learn more

For Sale

Contact for pricing

Office condo for sale in well-maintained building.

Type:Office

Property size:

2,336 SF

Price / SF:

$224/SF

Added:: Sep 19, 2023
Days on Market:: 1001
Last Refresh:: May 12 at 8:21 pm

Property Features for 100 E Parrish St Suite 100

General Information

Standard status: Active
Size: 2,336 SF
Property subtype: Office

Building Details

Year Built: 1984

We can help!

Listing Contact

Ian Niedel

Listing agent Ian Niedel License #NC 216187

Listing office Maverick Partners

Listing date Sep 19, 2023

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 Maverick Partners

HighLights

Two condos available together for $925,000, offering approximately 3,852 sq ft.
Option to purchase individual condos: Suite 100 (approx. 2,336 sq ft) for $525,000 and Suite 150 (approx. 1,516 sq ft) for $400,000.
Central location close to parking, restaurants, bars, and Durham City and County offices.
Well‑maintained building.
Configured with several conference rooms, private offices, and a kitchen.
Suitable for attorneys, therapists, financial planners, or other professional service providers.

Overview

This commercial property features a condo for sale, comprising the entire first floor of a well-maintained building. Suite 100 offers approximately 2,336 square feet. The central location provides convenient access to parking, restaurants, bars, and Durham City and County offices. The layout includes several conference rooms, private offices, and a kitchen. This office space is suitable for attorneys, therapists, financial planners, or other professional service providers.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$58.3k	$24.96
− Vacancy	−$10.2k	−$4.37
EGI	$48.1k	$20.59
− OpEx	−$12.0k	−$5.15
NOI	$36.1k	$15.44

2,336 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$515.4K

$451.0K – $601.3K (±1% cap)

NOI $36,077 @ 7.0% cap · market cap 6.87%

Second Best

—

no second resolved use

Theoretical Best

Office A

$754.3K

$660.0K – $880.0K (±1% cap)

NOI $52,802 @ 7.0% cap · market cap 10.06%

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

Location Intelligence

Current Use by Public Records

Frasier & Griffin, PLLC Law Firm Gabriela J Matthews ... Law Firm Roberti Wicker Lauffer ... Law Firm Hatch Rockers Immigration Law Firm Clayton & Myrick,PLLC Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Durham
County: Durham
State: North Carolina
Longitude: -78.9007233
Latitude: 35.9960108

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For sale
Office Units
NC
Durham
27701
100 E Parrish St Suite 100

What type of property is this?

Office units - Office condo for sale in well-maintained building.

Where is this office units located?

The property is located at 100 E Parrish St Suite 100 Durham, NC.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: Two condos available together for $925,000, offering approximately 3,852 sq ft.; Option to purchase individual condos: Suite 100 (approx. 2,336 sq ft) for $525,000 and Suite 150 (approx. 1,516 sq ft) for $400,000.; Central location close to parking, restaurants, bars, and Durham City and County offices.