For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Opportunity on Main Title is generated by Realmo AI

    119 Hillsboro, Pittsboro, NC 27312

    View on Map
    Claim this Listing
    For Sale
    $450,000

    One-level brick building in downtown Pittsboro with high visibility.

    Type:Commercial
    Property size:
    1,475 SF
    Price / SF:
    $305/SF
    Added:
    Apr 15, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 15 at 8:25 pm

    Property Features for 119 Hillsboro

    General Information

    Standard status
    Active
    Size
    1,475 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1945

    We can help!

    Listing Contact
    ERIC ANDREWS
    ERIC ANDREWS

    Listing agent ERIC ANDREWS License #177746

    Listing office REALTY WORLD CAROLINA PROP

    Listing date Apr 15, 2026

    Source Corcoran

    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 REALTY WORLD CAROLINA PROP

    HighLights

    • Prime commercial location on Pittsboro's Main Street (Hillsboro Street) with excellent visibility and high traffic
    • Strong rental income potential in a rapidly growing area
    • Flexible, open interior layout suitable for retail, office, or service‑based businesses
    • One‑level brick building for easy access and usability
    • Public parking nearby enhances customer convenience
    • Recorded survey provides added confidence in property boundaries

    Overview

    Located in the heart of Downtown Pittsboro, this one-level brick building offers a prime commercial opportunity with excellent visibility along Hillsboro Street. The property benefits from strong line-of-sight exposure in a rapidly growing area. It is ideal for retail, office, or service-based businesses seeking a high-traffic location. Public parking is available nearby. The open interior layout provides flexibility for a variety of uses. A recorded survey is available. Please note that there is no kitchen or grease trap, making it suitable for concepts that do not require food preparation infrastructure. The location is surrounded by ongoing development and increasing foot traffic, including Chatham Park and Disney/Asteria. This presents outstanding rental income potential for investors or owner-occupants looking to establish a presence in one of the region's most dynamic downtown corridors. The property size is 1475 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $36.8k $24.96
    − Vacancy −$6.4k −$4.37
    EGI $30.4k $20.59
    − OpEx −$7.6k −$5.15
    NOI $22.8k $15.44
    1,475 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $325.4K
    $284.8K – $379.7K (±1% cap)
    NOI $22,780 @ 7.0% cap · market cap 5.06%
    Second Best
    Retail
    $245.6K
    $214.9K – $286.5K (±1% cap)
    NOI $17,191 @ 7.0% cap · market cap 3.82%
    Theoretical Best
    Office A
    $476.3K
    $416.8K – $555.7K (±1% cap)
    NOI $33,341 @ 7.0% cap · market cap 7.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    The Sweet Fix, too Specialty Food Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.177232
    Latitude
    35.7219159

    FAQs

    What type of property is this?
    Storefront property - One-level brick building in downtown Pittsboro with high visibility.
    Where is this storefront property located?
    The property is located at 119 Hillsboro Pittsboro, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Prime commercial location on Pittsboro's Main Street (Hillsboro Street) with excellent visibility and high traffic; Strong rental income potential in a rapidly growing area; Flexible, open interior layout suitable for retail, office, or service‑based businesses
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message