1209 S Main Street Lillington, NC 27546
COMMERCIAL - Lillington, NC
- Added:
- Feb 12, 2026
- Days on Market:
- 151
- Last Refresh:
- Jul 13 at 7:06 pm
Property Features for 1209 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- GB: General Bus
- Standard status
- Active
- APN
- 10055906430001
- Size
- 3,231 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 1 Lot 132X138 Main & McNeill St
- Tax Annual Amount
- 1975
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Wall/Window Unit(s), Gas (Cooling), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Brick
- Roof type
- Flat
Listing agent Gina Marie Bobber Clapp License #288841 (919) 818-3916
Listing office Century 21 Triangle Group 407 N Judd Parkway, NE, Fuquay-Varina, NC (919) 552-4517
Listing date Feb 12, 2026
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a full renovation project, with the interior opened up and positioned as a blank canvas for customization. The building features expansive storefront windows and prominent Main Street signage and frontage designed to support strong visibility along a corridor described as carrying 18,000+ vehicles per day.
Zoned GB: General Business, the site is intended to accommodate a range of business uses consistent with the district. Note: there is water damage reported in the rear left corner.
Key Highlights
- Signalized corner commercial property at S. Main Street (US‑401) and E. McNeill Street with 18,000+ vehicles per day
- Approximately 2,361 SF retail space plus an additional 870 SF storage building on a 0.42‑acre lot
- GB (General Business) zoning supporting a wide range of commercial uses
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $13.80 |
| − Vacancy | −$3.7k | −$1.15 |
| EGI | $40.9k | $12.65 |
| − OpEx | −$12.3k | −$3.80 |
| NOI | $28.6k | $8.86 |
