Contacts

Carey Greene

SVN | Real Estate Associates

Property Details

Property Type Retail - Street Retail
Property Size 6,170 SF
Additional Rent Contact for pricing
Year Built 1922
Year Renovated 2008
Date Updated Nov 4, 2024

n/aSVN | Real Estate Associates, as exclusive listing agent, is pleased to offer for sale 401 E. Chapel Hill Street in downtown Durham, NC. This approximately 6,150 SF, mixed-use building has a beautiful corner presence at the intersection of Rigsbee Ave in one of downtown’s main hubs of food, beverage, and entertainment. The street level space is leased to the long-established French restaurant, Rue Cler, a tenant since 2013. Upstairs is a turnkey office with a mix of open and private areas ideal for a business looking for collaborative space. The upstairs can also be converted to residential use, with views of the historic 1920s post office across the street. This property is ideal for an owner occupant who can utilize the upstairs space for office/residential use while collecting rent from a market-rate lease. Its attractive facade/street presence, City Center District location, as well as its proximity to Duke University/Hospital, 9th Street, and the Durham Fwy (among other area amenities) make the property an ideal purchase for those looking for a true downtown gem.

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Highlights

Fully renovated historic building with highly visible corner location
Unique opportunity to secure a prime location in a rapidly transforming downtown area
Leased street level space to long standing restaurant, Rue Cler
Turnkey second floor office space with mix of open area and private offices
Separate entrances/street addresses and dedicated HVAC systems/controls for each floor
Potential to convert the second floor into lucrative residential use and capitalize on substantial historic building tax credits
Located in the City Center District, just minutes from Duke University/Hospital, NCCU, and RTP
Walkable neighborhood with dozens of restaurants, bars, apartments, and other amenities
Adjacent to a public parking deck

Getting around

95/100
Walk Score ®
63/100
Transit Score ®
75/100
Bike Score ®

Powered by Walk Score ®

City Durham, NC
Neighborhood Central Park
Zip Code 27701
Market Raleigh Durham

Points of Interest

Durham

0.38 miles

Trinty Food Mart #4

0.57 miles
Family Fare

0.68 miles
Shell

0.69 miles
BP

0.77 miles
Carolina Food Mart

0.81 miles
Caroco

0.86 miles
In & Out Food Mart

0.88 miles
Gazelle

0.95 miles
Handi-Foods

1.02 miles
EVgo

6.17 miles

Chapel Hill Street Garage

0.03 miles
Morgan-Rigsbee Garage

0.05 miles
Corcoran Street Garage and Lot

0.19 miles
Church Street Garage

0.20 miles
Durham Centre Garage

0.22 miles
North Parking Deck

0.31 miles
AmTrak Overnight Parking

0.33 miles
East Parking Deck

0.34 miles
AmTrak Day Parking

0.36 miles

Rue Cler

0.01 miles
Pompieri Pizza

0.09 miles
M Kokko

0.09 miles
M Sushi

0.09 miles
Thaiangle

0.09 miles
Bull City Burger

0.11 miles
Neomonde

0.11 miles
Revolution

0.16 miles
Bar Virgile

0.18 miles
Piedmont Inspired Food

0.20 miles

Brightleaf Square

0.61 miles
Los Primos Supermarket

0.91 miles
Durham Co-op Market

0.95 miles
Compare Foods

1.02 miles
Whole Foods Market

1.36 miles
Harris Teeter

1.62 miles
Northgate Shopping Mall

1.64 miles
Red White Grocery

1.68 miles
Food Lion

1.69 miles
Ross

2.24 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

401 E. Chapel Hill Street