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Property profile & analytics
FOR SALE
Commercial real estate

112 Hunt St Durham, NC 27701

5,452 SF 0.17 ac lot Built 1974
Entity Owned 3-yr Hold Absentee Owner
Property ID
US53-0730390
Property summary
AI-generated overview

This exceptional 5,040-square-foot free-standing commercial property in Durham, NC, presents a unique opportunity for a variety of businesses. Located at 112 Hunt St, in the heart of Downtown Durham's vibrant social district, this Class B building, constructed in 1974 and renovated in 2016, offers a flexible layout ideal for retail, restaurant, or entertainment uses. The property features a streamlined commercial kitchen equipped with an undercounter grease trap, a concert stage, and a recording studio, showcasing its previous use as a restaurant, bar, and performance venue. An expansive front patio with outdoor seating is complemented by additional, undeveloped patio space at the rear. A transferable food permit and existing furniture are negotiable. While the existing ABC license is non-transferable, the owner will allow 60 days of use to facilitate a tenant's application. The property is zoned DD-S1 and sits on a 0.17-acre lot, with two parking spaces on-site and ample parking nearby. Its prime location offers easy access to the Central Business District, Central Park, and Duke University. The space is easily subdividable, with a potential for a 2,000-square-foot coffee shop/bakery/juice bar. A food truck hookup is already in place. The lease rate is $25.00 per square foot, plus $3.48 TICAM. This property is perfect for entrepreneurs seeking a high-visibility location in a thriving downtown area. The building consists of one story and has a maximum contiguous square footage of 5,040 square feet, currently all vacant. The property's address is 112 Hunt St, Durham, NC 27701, with a cross street of Hunt Street and US-501 Bus. The APN is 104950.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Total area 5,452 SF
Lot 0.17 ac (7,405 SF)
Zoning code DD-S1
APN 104950
UPID US53-0730390
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
  • GMMC Digital Recording Studio
  • Dejas Bar & Pub
  • AnnMc Guyanese Cuisine Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.33M
CAP Approach CAP
$1.13M
Comparable Approach Comparable
$914k
Blend (final) Blend
$1.18M
Owner & transaction history
Joeys Bar LLC · 3 yrs held
Joeys Bar LLC
since 2023
Last sale
$1.1M
6 recorded transactions
2025
Price N/A
2023
$1.1M
2023
Price N/A
2019
Price N/A
2009
$175,000
1969
Price N/A
Zoning & alternative use
DD-S1 · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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