Private Corner Office
New
For Lease
$900/Mo
115 E Pennsylvania Avenue, Southern Pines, NC 28387
Commercial Lease, Southern Pines, NC
Space Size198 SF
Lot Size0.05 Acres
Days on Market6
Property Features for 115 E Pennsylvania Avenue
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CB & Historic
Parking features
On Street
Subdivision
Downtown
Directions
Head northeast on US-1 N toward W Wisconsin Ave. Take the Pennsylvania Ave exit. Turn right into W Pennsylvania Ave. Continue 0.5 mile, property will be on the left
Standard status
Active
APN
00038680
Size
198 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PENN AVE BLK K 3 PART LOT 20 21
Expense value
900
Expense
SecurityDeposit
Expense freq.
One Time
Legal Description
PENN AVE BLK K 3 PART LOT 20 21
Utilities
Heating system
Electric (Heating)
Amenities
shared restroom
Building Details
Year built
1948
Listing Agency:
Carolina Summit Group, LLC
(910) 684-5353
Listed By:
Holly Spofford Bell · License #252152
(910) 690-1065
Added: Sep 11
Changed: Sep 14
Last Checked: Sep 16 at 12:06AM
MLS# 100603396
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.
Suite 10 is a 198-square-foot private office on the second floor of a 1948 commercial building. The corner space has two windows and connects to a shared hallway, with restroom access provided in the common area. Electric, water, and sewer service are included, and the suite is available immediately.
The property is located at 115 E Pennsylvania Avenue in downtown Southern Pines, within walking distance of shops, restaurants, and the post office. The building is zoned CB & Historic, with on-street parking available. Electric heating serves the office.
The property is located at 115 E Pennsylvania Avenue in downtown Southern Pines, within walking distance of shops, restaurants, and the post office. The building is zoned CB & Historic, with on-street parking available. Electric heating serves the office.
Key Highlights
- 198 SF private corner office on the second floor
- Two windows provide natural light
- Shared restroom in the common area
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$8.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Southern Pines, NC
$37.99 /SF/Yr
Avg Asking Price
$14.4–$80.77 /SF/Yr
Price Range
721 SF
Avg Space Size
This space is priced 44% above the average of $37.99 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office with natural light, shared restroom access, and utilities included in a walkable downtown setting.
Where is this office units located?
The property is located at 115 E Pennsylvania Avenue Southern Pines, NC.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: 198 SF private corner office on the second floor; Two windows provide natural light; Shared restroom in the common area
