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Investment Highlights
- Size: 2,386 SF
- Prime Downtown Location
- Available as a Combined Portfolio with 114 E Main St
- Zoning: DD-C (Downtown Design – Core)
- Connectivity: Easy access to Durham Freeway and 15 minutes to RDU & RTP
- 116 E Main St may be willing to sell as a portfolio
Executive Summary
First Floor – Suite 1: Leased through April 30, 2029 with a 5-year renewal option at market rate
Second Floor: Available for office leasing or preliminary city-approved short term Rental (STR) — approval is contingent on combined purchase with 114 E Main St
Unfinished basement with exterior access — ideal for storage or future build-out
Historic charm with modern upgrades
Zoning: DD-C (Downtown Design – Core)
Land Use: Commercial General
Land Use Code: COM/DWNTWN ROW-ATTA
Permits office, retail, and residential uses — exceptional flexibility
Second Floor: Available for office leasing or preliminary city-approved short term Rental (STR) — approval is contingent on combined purchase with 114 E Main St
Unfinished basement with exterior access — ideal for storage or future build-out
Historic charm with modern upgrades
Zoning: DD-C (Downtown Design – Core)
Land Use: Commercial General
Land Use Code: COM/DWNTWN ROW-ATTA
Permits office, retail, and residential uses — exceptional flexibility
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
2,386 SF
Building Class
C
Year Built/Renovated
1920/1998
Price
$1,141,582 CAD
Price Per SF
$478.45 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,307 SF
Slab To Slab
11’
Building FAR
1.83
Lot Size
0.03 AC
Zoning
DD-C - Downtown Design – Core
Amenities
- Bus Line
- Signage
- Kitchen
- High Ceilings
- Natural Light
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,200,663 CAD | |
| Land Assessment | $899,469 CAD | Total Assessment | $2,100,132 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$899,469 CAD
Improvements Assessment
$1,200,663 CAD
Total Assessment
$2,100,132 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
112 E Main St
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