Private Corner Office
New
For Lease
$775/Mo
115 E Pennsylvania Avenue, Southern Pines, NC 28387
Commercial Lease, Southern Pines, NC
Space Size216 SF
Lot Size0.05 Acres
Days on Market5
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
216 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
775
Expense
SecurityDeposit
Expense freq.
One Time
Legal Description
PENN AVE BLK K 3 PART LOT 20 21
Utilities
Heating system
Electric (Heating)
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 15 at 11:06PM
MLS# 100603404
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 5 provides approximately 216 SF of private office area on the first floor, positioned at a corner within the building. Entry is through a shared interior hallway, with restroom facilities available in the common area. Electric, water, and sewer service are included, and the space is available immediately.
The office is located at 115 E Pennsylvania Avenue in downtown Southern Pines, with shops, restaurants, and the post office within walking distance. The property carries CB & Historic zoning, was built in 1948, and offers on-street parking. Heating is provided by electric service.
The office is located at 115 E Pennsylvania Avenue in downtown Southern Pines, with shops, restaurants, and the post office within walking distance. The property carries CB & Historic zoning, was built in 1948, and offers on-street parking. Heating is provided by electric service.
Key Highlights
- Approximately 216 SF of private corner office space
- First‑floor location with access through a shared common hallway
- Electric, water, and sewer service included
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$6.46 /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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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 13% 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 - First-floor workspace includes shared restroom access and electric, water, and sewer service.
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 $775/Mo.
What are key features of this property?
This property features: Approximately 216 SF of private corner office space; First‑floor location with access through a shared common hallway; Electric, water, and sewer service included
