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    128 Carthage St, Unit | Sanford Sanford, NC 27330

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    For Sale
    $1,200,000

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

    Property size:
    17 SF

    Property Features for 128 Carthage St

    General Information

    Size
    17 SF

    Building Details

    Year built
    1924

    Source: Will Judy Agent Will Judy

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Sanford Mixed-Use Building

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.1790878
    Latitude
    35.4810808

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    FAQs

    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 St, Unit | Sanford 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.
    (919) 606-1956
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    128 Carthage St, Unit | Sanford Sanford, NC 27330
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    Sanford, NC 27330
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 Carthage St, Unit | Sanford Sanford, NC 27330
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