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112 W Main St 9,250 sq ft 50% Let Retail Property Durham, NC 27701 £2,168,480 (£234.43/sq ft)
Investment Highlights
- "First and Main" location with frontage along Black Wall Street on Parrish St.
- Great opportunity for a business to occupy space plus income.
- Excellent condition.
- Surrounded by numerous shops, bars, restaurants, residential.
Executive Summary
112 W. Main St. is located in the vibrant Downtown core, surrounded by numerous residential developments, award-winning restaurants, bars, and is situated within the newly designated Bullpen Social District. Walk to the American Tobacco Campus, Durham Performing Arts Center, and other notable Districts in minutes. The building is anchored by the popular Luna Restaurant along W. Main St. and the Durham Vintage Collective on Black Wall Street's Parrish St. side. The second floor is vacant, ready for its next iteration as retail, office, or residential, ideally for an owner-occupant or investors to reimagine.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront
Property Size
9,250 sq ft
Costar Property Class
C
Year Built/Renovated
1920/2015
Price
£2,168,480
Price per sq ft
£234.43
Occupancy Rate
50%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.93
Total Plot Size
0.11 ac
Use Class
DD-C - Downtown Development
Amenities
- 24 Hour Access
- Bus Route
- Signage
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
![[solidcore]](https://images.loopnet.co.uk/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 102775 | Improvements Assessment | £1,418,168 |
| Land Assessment | £602,042 | Total Assessment | £2,020,210 |
Property Taxes
Parcel Number
102775
Land Assessment
£602,042
Improvements Assessment
£1,418,168
Total Assessment
£2,020,210
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112 W Main St
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