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    101 Main St Durham, NC 27701

    Sponsored
    For Lease
    $17 SF/Yr ($3,854 /Mo)

    Prestigious Durham office, fully vacant, 2721 sq ft.

    Lot size:
    2,721 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office suite, located at 101 W Main St in Durham, NC, presents a unique opportunity for a discerning business. The entire 2,721 square foot building is currently available for lease. Built in 1932 and extensively renovated in 2006, this property boasts a blend of historic charm and modern functionality. Situated in the heart of Durham's downtown core (DD-C zoning), this location offers unparalleled access to amenities, transportation, and a vibrant business community. The single suite layout provides flexibility and privacy, ideal for a company seeking a prominent presence in the city. The property's prime location within Durham County, zip code 27701, ensures high visibility and easy accessibility for clients and employees. With its substantial square footage and recent renovations, this space is ready for immediate occupancy. This is a rare opportunity to secure a prestigious and well-maintained executive office suite in a highly desirable downtown location. The property's historical character combined with its modern updates creates a unique and sophisticated work environment.

    Property Features for 101 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,721 SF
    Total Rate
    3854.75

    Building Details

    Year Built/Renovated
    1932/2006

    Unit(s) available at that property

    Space
    Suite LO1
    Size
    2,721 SF
    Rate per SF
    $17

    HighLights

    • Perfect for fitness, art, dance, or photography studios.
    • Iconic Durham Art Deco building.
    • Renovated in 2006.
    • Prime downtown location near the DPAC, Durham Bulls Athletic Park, and Farmers Market.
    • Corner lot at West Main & Mangum Streets.
    • Tenant improvement allowance offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Masonic Lodge Fraternal Organization Richard D. Allen, ... Employment Attorney Nc Grand Chapter ... Fraternal Organization Prince Hall Grand ... Fraternal Organization Dr. Thomas L. ... Endocrinologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9010196
    Latitude
    35.9948848

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Durham office, fully vacant, 2721 sq ft.
    Where is this office property / space located?
    The property is located at 101 Main St Durham, NC.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Perfect for fitness, art, dance, or photography studios.; Iconic Durham Art Deco building.; Renovated in 2006.
    Request Owner's contact information
    101 Main St Durham, NC 27701
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    Durham, NC 27701
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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
    101 Main St Durham, NC 27701
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