331 Main St Durham, NC 27707
- Commercial real estate
- 25,266 SF
Current Use by Public Records
- Tobacco Road Technologies / Web Hosting Company
- New Outlook Second Chance / Non-Profit Organization
- Triangle Jobs With Justice Organizing Committee - Food Distribution Center / Food Bank
- Black Family Land Trust Inc / Non-Profit Organization / Environmental Program
- Walton Dumpster Rental / Garbage Collection Service
Property Details for 331 Main St
- Year built
- 1925
- Property size
- 25,266 SF
- Property type
- Commercial real estate
Description
This distinguished Durham, NC office building, located at 331 W Main St, presents a compelling investment opportunity. The Snow Building, a 25,266 square foot Executive Office property, boasts a 70.3% occupancy rate, demonstrating strong stability and potential for future growth. Constructed in 1925, this Class B building retains its historic charm while offering modern functionality. Its prime location within the thriving Durham MSA, coupled with its DD-C zoning, provides significant advantages. The building's well-maintained condition and attractive features make it an ideal addition to any investment portfolio. The asking price is $5,950,000. This landmark building offers a blend of historical significance and contemporary appeal, promising a strong return on investment for the discerning buyer. The property's substantial size and high occupancy rate contribute to its exceptional value proposition within the competitive Durham market. Its strategic location and established tenant base further enhance its appeal as a stable and lucrative investment. The DD-C zoning allows for a variety of potential uses and future development opportunities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durham
- County
- Durham
- State
- North Carolina
- Longitude
- -78.9036794
- Latitude
- 35.9965258
