401 E. Chapel Hill Street

401 E. Chapel Hill Street, Durham, NC 27701

  • For Sale $2,400,000
  • Property Type Retail - Street Retail
  • Property Size 6,170 SF
  • Additional Rent Contact for pricing
  • Year Built 1922
  • Year Renovated 2008
  • Date Updated Sep 3, 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.

Want more info on this listing?

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

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

Contacts

broker

Carey Greene

SVN | Real Estate Associates (Durham)

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    75/100 Very Bikeable
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

  • Family Fare

    1.07 miles

  • Chapel Hill Street Garage

    0.03 miles

  • Morgan-Rigsbee Garage

    0.05 miles

  • Church Street Garage

    0.20 miles

  • Durham Centre Garage

    0.22 miles

  • Corcoran Street Garage and Lot

    0.25 miles

  • North Parking Deck

    0.31 miles

  • East Parking Deck

    0.34 miles

  • South Parking Deck

    0.49 miles

  • Smith Warehouse Parking Lot North

    0.91 miles

  • Smith Warehouse Parking Lot South

    0.96 miles

  • Rue Cler

    0.01 miles

  • Pompieri Pizza

    0.09 miles

  • M Kokko

    0.09 miles

  • M Sushi

    0.09 miles

  • McDonald's

    0.10 miles

  • Dos Perros

    0.10 miles

  • Bull City Burger

    0.11 miles

  • Neomonde

    0.11 miles

  • Revolution

    0.16 miles

  • Bar Virgile

    0.18 miles

  • Brightleaf Square

    0.61 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

  • Food Lion

    2.27 miles

Frequently Asked Questions

How much does 401 E. Chapel Hill Street cost?

The space currently listed for sale at 401 E. Chapel Hill Street asks for $2,400,000.

What is the total square footage of 401 E. Chapel Hill Street?

401 E. Chapel Hill Street totals 6,170 square feet.

When was this property built?

401 E. Chapel Hill Street was built in 1922.

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.

Contact Listing Broker

broker

Carey Greene

SVN | Real Estate Associates (Durham)