116 Main St Durham, NC 27701-3602

Property Details for 116 Main St

Year built

1920

Lot size

0.04 lot acres

Property size

3,056 SF

Zone code

DD-C

Property type

Commercial real estate

APN

102844

APU

102844

Description

This exceptional mixed-use property, situated at 116 E Main Street, Unit 116 in the heart of Durham, NC, presents a unique investment opportunity. Boasting a generous 4,500 square feet of space spread across three levels, this property offers a versatile layout ideal for both residential and commercial use. The street-level commercial space is perfect for a variety of businesses, benefiting from high visibility and foot traffic in this bustling downtown location. Upstairs, comfortable living quarters provide a convenient and desirable live-work arrangement. The unfinished basement offers significant potential for expansion, allowing for customization to suit individual needs, whether for additional storage, living space, or further commercial development. The property sits on a 0.04-acre lot, providing ample space for outdoor use or potential future improvements. Priced at $1,550,000, this property represents a compelling investment in a thriving urban environment with strong growth prospects. The combination of prime location, versatile space, and expansion potential makes this an exceptional opportunity for discerning investors seeking a high-return property in a dynamic and desirable city. Don't miss this chance to own a piece of Durham's vibrant downtown core.

Location Insight

City

Durham

County

Durham

State

North Carolina

Longitude

-78.9002

Latitude

35.9946

CBSA code

20500

CBSA name

DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments