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Historic Downtown Sanford Mixed-Use Building
For Sale
$1,200,000

128 Carthage Street, Sanford, NC 27330

Historic mixed-use building in Downtown Sanford with retail and office/apartment potential.

Property Size17 SF
Price / SF$70,588
Days on Market331

Property Features for 128 Carthage Street

General Information

Standard status Active
Size 17 SF
Property subtype Mixed-Use

Building Details

Year Built 1924
Listing Agency: Lee & Associates - Raleigh Durham
Listed By: Will Judy · License #309800
Source: Lee-associates
Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Aug 6 at 5:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Raleigh Durham

Investment Insights

Based on property information with market context.

Located in the heart of Downtown Sanford, this building, formerly the Masonic Temple, served as a community center for over 50 years. Constructed in 1924, it housed the Sanford Masonic Lodge 151 until the 1980s. The ground floor originally hosted Cole’s Pharmacy, complete with a vintage soda bar. Adjacent to the building was the Temple Theatre, which featured vaudeville and burlesque shows in the 1930s. Lodge meetings took place on the upper floors. While the building's interior has been renovated for modern use, unique architectural details have been preserved. The upper floors are suitable for office spaces or apartments. The first floor has most recently been utilized for street-level retail. The basement floor, currently home to Nunnery’s Shoes, also includes space ideal for a speakeasy-style bar, complementing the building's Prohibition-era history. The property has a size of 17.

Key Highlights

  • Historic building in the heart of Downtown Sanford, constructed in 1924.
  • Unique architectural details preserved despite modern renovations.
  • Versatile space suitable for office, apartments, or retail.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Storage Facility Parking Lot & Garage Big Box & Wholesale Store Garden Center HVAC Service

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

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 27330, NC

39,489
Population
17,026
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
210.7 sq mi
ZIP Area
187
Density / Sq Mi
$60,726
Median Household Income
$37,477
Median Earnings
$966
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic mixed-use building in Downtown Sanford with retail and office/apartment potential.
Where is this mixed-use property located?
The property is located at 128 Carthage Street Sanford, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Historic building in the heart of Downtown Sanford, constructed in 1924.; Unique architectural details preserved despite modern renovations.; Versatile space suitable for office, apartments, or retail.
More about this property
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