107 Main St Durham, NC 27701
- Parking lots & garages
- 0.03 lot acres
Current Use by Public Records
- COPA / Latin American Restaurant / Nuevo Latino Restaurant
Property Details for 107 Main St
- Lot size
- 0.03 lot acres
- Zone code
- DD-C
- Property type
- Parking lots & garages
- APN
- 102823
- APU
- 102823
Description
This distressed sale presents a unique opportunity to acquire a Class A, 5,064 square foot restaurant space at 107 W. Main Street in Durham, NC. The property, a two-story commercial condominium (APN: 0821-97-2132.010), boasts a versatile layout ideal for a bar, restaurant, or storefront operation. Built in 1928 and renovated in 2018, the space includes a bright, open ground floor (3,444 sq ft) and a lower level (1,620 sq ft) featuring a private banquet room with seating for 50 (or 65 standing reception). The property is zoned DD-C and benefits from its location in the heart of downtown Durham, within walking distance of the Durham Performing Arts Center (DPAC), Durham Bulls Athletic Park, and American Tobacco Campus. This high-traffic area offers unparalleled visibility and accessibility, surrounded by shops, offices, and cultural attractions. Ample public parking is readily available. The sale is subject to Bankruptcy Court approval (Case No. 24-80126, United States Bankruptcy Court, Middle District of North Carolina). The existing restaurant's furniture, fixtures, and equipment (FF&E) may also be available for purchase separately. This is a vacant, single-unit property offering significant potential for a new owner-user.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $275,000
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Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9002
- Latitude
- 35.995
- CBSA code
- 20500
- CBSA name
- DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA
