For Sale
$3,500,000

1109 Main StDurham, NC 27701

Prime location, vacant grocery store

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 10,268 square foot vacant grocery store, located at 1109 E Main St in Durham, NC, presents a rare opportunity for investors. Situated on a 0.86-acre lot in a vibrant downtown area, this single-tenant, NNN-lease property offers maximum visibility and exposure. Built in 1956, the building is zoned GC and boasts a flexible layout ideal for various retail uses. The property's prime location ensures easy access to major highways, attracting both customers and employees. Surrounded by shops, restaurants, and entertainment venues, it benefits from a thriving community and supportive business ecosystem. The asking price is $3,500,000, translating to $340.86 per square foot. This property is located in an Opportunity Zone, providing attractive tax incentives. The APN is 831341555. This is a unique chance to establish a retail business in a high-demand location within Durham's expanding retail landscape. The property's size and location make it an attractive investment opportunity. Don't miss this chance to capitalize on Durham's growth.

Highlights

  • 10,268 SF vacant grocery store on a 0.86-acre lot in Durham, NC.
  • NNN-lease property with high visibility in a vibrant downtown location.
  • Zoned GC, flexible layout suitable for various retail uses.
  • Prime location with easy highway access, attracting customers and employees.
  • Asking price: $3,500,000 ($340.86/SF).
  • Located in an Opportunity Zone.

Property Details for 1109 Main St

Property type
Retail properties, Grocery and convenience stores
Square Feet
10,268 SF
Year Built
1956
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Durham
County
Durham
State
North Carolina
Latitude
35.9881118
Longitude
-78.8878439
1109 Main St, Durham, North Carolina

FAQs

What type of property is this?
Retail property - Prime location, vacant grocery store
Where is the retail property located?
The property is located at 1109 Main St Durham, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 10,268 SF vacant grocery store on a 0.86-acre lot in Durham, NC.; NNN-lease property with high visibility in a vibrant downtown location.; Zoned GC, flexible layout suitable for various retail uses.
How can I contact the broker?
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1109 Main St
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