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Investment Highlights
- Size: 2,386 SF
- Prime Downtown Location
- Available as a Combined Portfolio with 114 E Main St
- Zoning: DD-C (Downtown Design – Core)
- Connectivity: Easy access to Durham Freeway and 15 minutes to RDU & RTP
- 116 E Main St may be willing to sell as a portfolio
Executive Summary
First Floor – Suite 1: Leased through April 30, 2029 with a 5-year renewal option at market rate
Second Floor: Available for office leasing or preliminary city-approved short term Rental (STR) — approval is contingent on combined purchase with 114 E Main St
Unfinished basement with exterior access — ideal for storage or future build-out
Historic charm with modern upgrades
Zoning: DD-C (Downtown Design – Core)
Land Use: Commercial General
Land Use Code: COM/DWNTWN ROW-ATTA
Permits office, retail, and residential uses — exceptional flexibility
Second Floor: Available for office leasing or preliminary city-approved short term Rental (STR) — approval is contingent on combined purchase with 114 E Main St
Unfinished basement with exterior access — ideal for storage or future build-out
Historic charm with modern upgrades
Zoning: DD-C (Downtown Design – Core)
Land Use: Commercial General
Land Use Code: COM/DWNTWN ROW-ATTA
Permits office, retail, and residential uses — exceptional flexibility
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,386 SF
Building Class
C
Year Built/Renovated
1920/1998
Price
$830,000
Price Per SF
$347.86
Tenancy
Single
Building Height
2 Stories
Building FAR
1.83
Lot Size
0.03 AC
Zoning
DD-C - Downtown Design – Core
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $874,813 | |
| Land Assessment | $655,360 | Total Assessment | $1,530,173 |
Property Taxes
Parcel Numbers
Land Assessment
$655,360
Improvements Assessment
$874,813
Total Assessment
$1,530,173
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112 E Main St
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