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Downtown Retail Space with Showroom
For Lease
$30 SF/Yr NNN

490 SW Broad Street, Southern Pines, NC 28387

Commercial Lease, Southern Pines, NC

Space Size2,023 SF
Lot Size0.98 Acres
Days on Market29

Property Features for 490 SW Broad Street

General Information

Property type Commercial Lease
Property subtype Other
Parking features Off Street, Parking Lot
Subdivision Downtown
Lot features Corner Lot
Directions From US 1- take exit for W Morganton Road, head southeast of W Morganton Rd, take left onto SW Broad Street, take left onto W Illinois Ave, property entrance on the right.
Standard status Active
APN 99000274
Size 2,023 SF
Lot size 0.98 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 1-6 23 24 PART LOT 22
Expense value 1
Expense SecurityDeposit
Expense freq. One Time
Legal Description LOT 1-6 23 24 PART LOT 22

Utilities

Heating system Electric (Heating)

Amenities

glass storefront
overhead door
private restroom with shower
rear door
on-site parking

Building Details

Year built 1987
Listing Agency: Carolina Summit Group, LLC
Listed By: Holly Spofford Bell · License #252152
Added: Aug 7 Changed: Aug 19 Last Checked: Sep 4 at 1:06AM
MLS# 100594655

Copyright © 2026 Hive 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.

This 2,023-square-foot retail suite is located within a multi-tenant building in downtown Southern Pines. The proposed configuration includes a front showroom with a glass storefront, a separate rear room, a private restroom with shower, and a rear entrance. A 9'7" wide overhead door adds functional access, while electric heating serves the space.

The property includes off-street parking in a parking lot and carries CB (Central Business) zoning with the Downtown Overlay. The 1987 building offers a commercial setting for retail or other uses allowed under the applicable zoning. Lease terms are structured as NNN.

Key Highlights

  • +/- 2,023 SF retail space in a multi‑tenant building
  • Glass‑front showroom with 9'7" wide overhead door
  • Separate rear room, private restroom with shower, and rear door

Property Analytics

Current Use

Hatchet Brewing Company Production Facility

Suggested Use

Top Pick Big Box & Wholesale Store Pharmacy Storage Facility Parking Lot & Garage HVAC Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 88% Home Improvements & Furnishings 6% Hotels & Casinos 6%
Shell Shops & Services
7,511 visits/mo 0.4 miles
Truist Shops & Services
6,904 visits/mo 0.3 miles
Bank of America Shops & Services
5,154 visits/mo 0.4 miles
Quality Mart Shops & Services
1,592 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,415 visits/mo 0.2 miles

Demographics for 28387, NC

16,413
Population
8,731
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
93%
High-School Grad
29.5 sq mi
ZIP Area
556
Density / Sq Mi
$73,587
Median Household Income
$51,681
Median Earnings
$1,137
Median Rent
$366,600
Median Home Value

Market

Lease Benchmarks for Southern Pines, NC

$25.58 /SF/Yr
Avg Asking Price
$21.77–$30 /SF/Yr
Price Range
2,554 SF
Avg Space Size

This space is priced 17% above the average of $25.58 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-tenant space features a glass storefront, rear room, private restroom with shower, and on-site parking.
Where is this retail space located?
The property is located at 490 SW Broad Street Southern Pines, NC.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: +/- 2,023 SF retail space in a multi‑tenant building; Glass‑front showroom with 9'7" wide overhead door; Separate rear room, private restroom with shower, and rear door
More about this property
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