919-730-6584
101-103 W Main St, Durham, NC for Sale
Loft/Creative Space - FOR SALE
1/23
null | Request Cap Rate

101-103 W Main St
Durham, NC 27701
City Center Durham


HIGHLIGHTS

  • Welcome to Durham’s Kress Building, a historic Art Deco landmark constructed in 1930, spanning five floors and totaling 49,000 square feet.
  • Ideal location for office or retail use, being in the heart of Downtown Durham/ Central Business District (CBD) at a signalized intersection.
  • Investment offers a steady income stream with long-term value-add potential, including future increases to above-market rents for the condo unit.
  • Parking is available in the Church Street Parking Garage, street parking, and a paved lot behind the building.
  • Walkable to most of Downtown Durham, DPAC, American Tobacco Campus, and the DBAP, with numerous dining options nearby.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mezzanine Condo with Long-Term Value-Add

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

DD-C

APN/PARCEL ID

102753,102754,208535,208536

ASK ABOUT THIS PROPERTY

Brian Farmer, SIORLee & AssociatesMore Info
919-730-6584

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Brian Farmer, SIORLee & AssociatesMore Info
919-730-6584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.