401 E Chapel Hill St | Durham, NC 27701
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- LoopNet Team
401 E Chapel Hill St
Durham, NC 27701
Historic Downtown Durham Retail & Office Bldg · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully renovated historic building with highly visible corner location
- Located in the City Center District, just minutes from Duke University/Hospital, NCCU, and RTP
- Separate entrances/street addresses and dedicated HVAC systems/controls for each floor
- Leased street level space to long standing restaurant, Rue Cler
- Turnkey second floor office space with mix of open area and private offices
- Potential to convert the second floor into lucrative residential use and capitalize on substantial historic building tax credits
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,170 SF
Building Class
B
Year Built
1922
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.77
Lot Size
0.08 AC
Zoning
DD-C - Downtown Durham Commercial
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 102974 | Improvements Assessment | $1,199,887 |
| Land Assessment | $792,642 | Total Assessment | $1,992,529 |
PROPERTY TAXES
Parcel Number
102974
Land Assessment
$792,642
Improvements Assessment
$1,199,887
Total Assessment
$1,992,529
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