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Brick Storefront Suite

103 E Anderson, Selma, NC 27576

For Lease
$1,190/Mo
Pending

Commercial Lease, Selma, NC

Space SizeContact for details
Lot Size0.03 Acres
Days on Market206

Property Features for 103 E Anderson

General Information

Property type Commercial Lease
Property subtype Retail
Standard status Pending
APN 14028045A
Size 1,020 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Description Lot 3 Selma Plat 94/266
Legal Description Lot 3 Selma Plat 94/266

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

Social District
monthly concerts
year-round farmers markets
food trucks available

Building Details

Year built 1920
Building materials Brick
Listing Agency: HTR Southern Properties
Listed By: Tracy L Riba · License NC #221530
Added: Apr 18 Changed: Nov 3 Last Checked: Nov 9 at 7:06PM
MLS# 10161201

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,020-square-foot storefront dates to 1920 and features brick construction, central heating, and central air conditioning. Public sewer serves the property.

The space is in downtown Selma’s Historic District and Social District, near the intersection of Raiford and Anderson streets. Downtown programming includes summer concerts and year-round farmers markets. Eastfield Crossing, with Target and BJ’s, is around the corner, just off I-95.

The premises may also be leased together with 100 N Raiford St.

Key Highlights

  • 1,020 square feet on a 0.03‑acre lot
  • Built in 1920 with brick construction
  • Central heating and central air conditioning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sugarcane’s Restaurant

Suggested Use

Top Pick Building Supply Parking Lot & Garage Pharmacy HVAC Service Electrical Service Kitchen & Bath Showroom

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

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 50% Groceries 50%
Selma IGA Supermarket Groceries
8,744 visits/mo 0.2 miles
Family Dollar Shops & Services
4,038 visits/mo 0.1 miles
State Employees Credit Union Shops & Services
2,990 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
1,764 visits/mo 0.1 miles

Demographics for 27576, NC

17,568
Population
7,911
Households
2.2
Avg Household Size
37
Median Age
18%
College-Educated
84%
High-School Grad
81.3 sq mi
ZIP Area
216
Density / Sq Mi
$62,044
Median Household Income
$39,262
Median Earnings
$874
Median Rent
$178,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Selma, NC

$16.5 /SF/Yr
Avg Asking Price
$13.99–$20 /SF/Yr
Price Range
1,254 SF
Avg Space Size

This space is priced 15% below the average of $16.5 /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

Similar Off Market Nearby

  • Fuzion Flowers — 207 E Waddell St, Selma, NC 27576

Frequently Asked Questions

What type of property is this?
Storefront property - The 1920-built space has central heating and air conditioning in a downtown setting.
Where is this storefront property located?
The property is located at 103 E Anderson Selma, NC.
What is the lease rate?
The lease rate is $1,190/Mo.
What are key features of this property?
This property features: 1,020 square feet on a 0.03‑acre lot; Built in 1920 with brick construction; Central heating and central air conditioning
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