331 Main St, Durham, NC 27701
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.