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Property profile & analytics
FOR LEASE
Specialty properties

101 W Main St Durham, NC 27701

19,054 SF 0.2 ac lot Built 1970
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US53-1219928
Property summary
AI-generated overview

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 profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1970
Total area 19,054 SF
Lot 0.2 ac (8,712 SF)
Zoning code DD-C
APN 102822
UPID US53-1219928
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Masonic Lodge Volunteer Organization Community Center
  • Richard D. Allen, Attorney at Law Law Firm
  • Nc Grand Chapter Eastern Star Volunteer Organization Community Center
  • Prince Hall Grand Lodge Masons Volunteer Organization Community Center
  • Dr. Thomas L. O'Connell, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.97M
Owner & transaction history
Kress Commercial Partners LLC · 5 yrs held
Kress Commercial Partners LLC
since 2021
3 recorded transactions
2021
$4.2M
2016
Price N/A
2016
$2.0M
Zoning & alternative use
DD-C · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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