For Sale $5,950,000
Property Type Office - General Office
Property Size 25,266 SF
Lot Size 0.14 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1925
Date Updated Apr 9, 2024

The property is situated in the vibrant Durham Metropolitan Statistical Area, renowned for its diverse economy, strong business community, and prestigious educational institutions like Duke University and North Carolina Central University. Positioned within close proximity to the bustling downtown, the area offers a rich tapestry of dining, retail, and entertainment options, along with convenient access to major highways and transportation hubs. With the Research Triangle Park and a burgeoning tech and healthcare sector, the location presents an enticing opportunity for an Office/Office Building investor seeking to tap into this dynamic market.The property at 331 West Main Street presents an attractive opportunity for Office/Office Building investors. Boasting a substantial 25,266 SF building, this distinguished structure, constructed in 1925, exudes timeless charm while offering modern functionality. Zoned DD-C and with an impressive 70.3% occupancy rate, this property showcases stability and potential for growth within the thriving Durham MSA area. With its rich history and prime location, this property perfectly aligns with an investor's vision for a lucrative addition to their portfolio.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

25,266 SF building
Constructed in 1925
Zoned DD-C
Prime Durham MSA location
Impressive 70.3% occupancy
Historic charm with modern functionality
Potential for growth and stability
Well-maintained and attractive property
Strong investment opportunity
Distinguished landmark building

Contacts

Bruce Alexander

Maverick Partners

(919) 475-9907

Location

Getting Around

Walk Score ®
95/100 Walker's Paradise
Transit Score ®
61/100 Good Transit
Bike Score ®
77/100 Very Bikeable

Map
Street

City Durham, NC
Neighborhood Downtown Durham
Zip Code 27701
Market Raleigh Durham

Points of Interest

Durham

0.17 miles

Family Fare

0.51 miles
Shell

0.52 miles
Trinty Food Mart #4

0.61 miles
BP

0.64 miles
Gazelle

0.73 miles
In & Out Food Mart

0.88 miles
Family Fare

0.92 miles
Forest Hills Tire Service Center

0.97 miles
Carolina Food Mart

1.02 miles
Caroco

1.05 miles

Corcoran Street Garage and Lot

0.02 miles
North Parking Deck

0.10 miles
Durham Centre Garage

0.13 miles
Chapel Hill Street Garage

0.21 miles
Church Street Garage

0.25 miles
Morgan-Rigsbee Garage

0.26 miles
East Parking Deck

0.27 miles
South Parking Deck

0.33 miles
Smith Warehouse Parking Lot South

0.73 miles
Smith Warehouse Parking Lot North

0.74 miles

Durham Marriott City Center

0.10 miles
21c Museum Hotel

0.11 miles
Unscripted Hotel

0.15 miles
The Durham Hotel

0.16 miles
Whetstone Apartments

0.21 miles
Aloft Durham Downtown

0.23 miles
Greystone Inn and Conference Center

0.53 miles
SpringHill Suites by Marriott Durham City View

0.56 miles
Morehead Manor Bed & Breakfast

0.58 miles
Residence Inn Durham McPherson/Duke University Medical Center Area

0.59 miles

Beyu Cafe

0.01 miles
Toast

0.02 miles
Dame's Chicken and Waffles

0.03 miles
Pizzeria Toro

0.04 miles
Mateo

0.06 miles
Neomonde

0.13 miles
M Sushi

0.14 miles
M Kokko

0.15 miles
Revolution

0.18 miles
Bar Virgile

0.20 miles

Durham School of the Arts

0.50 miles
Indigo Montessori

0.54 miles
Immaculata Catholic School

0.57 miles
Central Park School for Children

0.57 miles
George Watts Elementary School

0.88 miles
East End School

0.90 miles
Whitted Middle School

0.99 miles
Eastway Elementary School

1.11 miles
Eastway Elementary School

1.25 miles
C C Spaulding Elementary School

1.30 miles

New Beginning II

1.27 miles
Lakewood Avenue Children's School

1.30 miles
United For Christ Church Day Care Center

1.68 miles
Sunshine Smiles

2.71 miles
The Learning Experience

6.98 miles
Southpoint Children's Campus

7.33 miles
The Goddard School

8.48 miles
The Learning Experience

8.69 miles
Children's Campus of Chapel Hill

8.92 miles
Cely's House

8.98 miles

Frequently Asked Questions

What is the lease rate for Snow Building?

Rental asking rate at Snow Building is $2,975,000.00/YR.

What is the total square footage of Snow Building?

Snow Building totals 25,266 square feet.

When was this property built?

Snow Building was built in 1925.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.