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$595,000
Southern Pines, NC 28387
MLS# 100441548
2225 sqft


Southern Pines, NC 28387
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Property Description
Great opportunity to live over your business! Zoned General Business and strategically located on a corner off Old US Hwy 1 with great visibility and traffic count. Business is not offered with this listing. Currently leased (month to month) by Frankie's Coffee Shop with vacant second floor apartment. Great history for apartment rental-last tenant paid $1,100 per month plus electric (before installation of new floors). New LVP floor in apartment. Newer roof and exterior paint, newer appliances in apartment, French drain installed since last purchase. Two electric meters. Landlord pays water. Note the lot can be cleared to allow for additional parking. Broker/Owner. Shown by appointment only to pre-qualified buyers. Note: paved drive between buildings is an easement and cannot be closed without consent of both property owners. First floor is 1,293 SF and second floor is 932 SF plus an unfinished basement for storage.

Details
Contract Info
Available Date: 2024-04-29
Status: Active
Effective Date: 2024-04-29
Delayed Marketing?: Yes
Delayed Marketing Date (DM): 2024-04-30
Sub-Type: Improved
Garage: N/A
Space: No
Sale/Lease: Sale
Listing Price: 595000
Current Price: $595,000
List Price/SqFt: 267.42
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Unit #: A & B
County: Moore
State/Province: NC
Zip Code: 28387
City Limits: Yes
Marketing City: Southern Pines
Subdivision: Southern Pines
Remarks and Showing
Directions to Property: North on US Hwy 1 to Southern Pines. Property on Old US 1 -currently Frankie's Coffee Shop
Sign on Property: No
Building Info
New Construction: No
Building/Ext Features
# of Parking Spaces: 8
# of Units: 1
Lot Acres: 0.3
Lot SqFt: 13068
Lot Dimensions: 107.9x139.89x44.57x190
SqFt - Total Available: 2225
SqFt - Heated (Primary): 2225
SqFt - Office: 2225
SqFt - Retail/Display: 1293
Location Type: Mainland
Legal and Taxes
Tax Assessed Value: 379970
Deed Book: 5134
Deed Page: 281
Legal: PINEDENE LOT A
Broker Owner: Yes
PID: 00056416
Tax Identifier: 00056416
Plat Book: 12
Plat Page: 959
Special Assessments: N/A
Tax Year: 2023
Year Built: 1925
Zoning: GB
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: No
Miscellaneous
Current Use: coffee shop
Property Features
Sub-Type: Business Flex; Food Service; Mixed Use; Office; Retail; Business Service; Commercial; Professional Service
HOA and Neigh Amenities: No Amenities
Attic: Access Only
Basement: Finished - No
Construction: Block; Wood Frame
Exterior Finish: Stucco; Wood Siding
Flooring: Tile; Vinyl; Wood; LVT/LVP
Foundation: Basement
Fuel Tank: None
Sale/Lease Includes: Buildings; Land
Parking Features: On Site; Parking Lot; Paved; Private; Unpaved
Road Type/Frontage: Maintained; Public (City/Cty/St)
Roof: Composition
Lot Description: Corner Lot
Current Use: Commercial; Single Family; Vacant; Other
Location: Corner; Freestanding; Gen Bus District
Lot Water Features: None
Cooling: Central; Heat Pump
Heating: Forced Air; Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Electricity Connected; Municipal Sewer; Municipal Water; Phone Available
Terms: 1031 Exchange; Cash
Lease Types: See Remarks

Listing Office: Keller Williams Pinehurst

Last Updated: April - 30 - 2024

Southern Pines, NC 28387 - MLS# 100441548
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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