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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    331 Main St, Durham, NC 27701

    25,266 SF Built 1925
    Property ID
    US53-5525287
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1925
    Total area 25,266 SF
    UPID US53-5525287
    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
    • Tobacco Road Technologies Data Center IT Consulting Firm
    • New Outlook Second Chance Charitable Organization Social Service Agency
    • Triangle Jobs With Justice Organizing Committee - Food Distribution Center Food Bank Charitable Organization
    • Black Family Land Trust Inc Charitable Organization Social Service Agency
    • Walton Dumpster Rental Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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