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33293417
33293416

101 & 103 West Main Street, Durham, NC 27701

BF
NC NC 183406
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham
$1,171,000
4 days on market
Updated 4 days ago

Kress Building

Details
Property Type Retail
Sub Type Storefront
Square Footage 4,574
Units 2
Cap Rate 8.00%
Occupancy 100%
Tenancy Multi
Brand/Tenant High Dive, Strike Martial Arts
Lease Expiration 12/30/2035
Price per SqFt $256
Investment Type Net Lease

101 & 103 West Main Street, Durham, NC 27701

Marketing description

Commercial condo totaling approx 4,574 SF for sale. Prominently located on the corner of Main Street and Mangum Street. The building offers unbeatable walkability to numerous restaurants, shops, and parking decks. Owners have recently invested in a new roof and HVAC.

Downtown Durham, NC, offers a dynamic and rapidly growing commercial real estate market, making it an ideal location for businesses looking to establish or expand their presence. With a thriving innovation ecosystem anchored by Research Triangle Park, top-tier universities like Duke, and a strong entrepreneurial community, the area attracts a diverse talent pool. The revitalized downtown features modern office spaces, historic architecture, and vibrant amenities, including award-winning restaurants, arts venues, and green spaces, creating a lively work-play environment. Additionally, Durham's strategic location, with easy access to major highways and RDU International Airport, enhances connectivity and business opportunities.

Investment highlights

  • Located in the historic Art Deco Kress Building in Downtown Durham
  • Parking available in the Church Street parking garage, on street parking, and a paved lot behind the building
  • Walkable to most of Downtown Durham, DPAC, American Tobacco Campus and the DBAP
  • Numerous dining options include The Hive, Bar Virgile, Luna Rotisserie and Empanadas, Mateo, and Bull McCabe's Irish Pub
  • Easy access to the NC 147 (Durham Freeway), Duke University, and Duke University Medical Center

Listing Contacts

BF
NC NC 183406
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham

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Zoning

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DD-C SpecialDowntown Design Core
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Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Brian Farmer
License
NC 183406
Brokerage
Lee & Associates Raleigh Durham
Brokerage Phone
9197306584
Title
Managing Director & Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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