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Three-Space Retail and Restaurant Building
For Sale
Contact for pricing
Pending

111 S Steele St, Sanford, NC 27330

One building with two retail spaces and one restaurant, offered as-is with pre-installed equipment and furniture included.

Property SizeContact for details
Days on Market143

Property Features for 111 S Steele St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: The Marquardt Group LLC
Listed By: Dan Marquardt · License #NC 231332
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 29 at 10:59PM

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 The Marquardt Group LLC

Investment Insights

Based on property information with market context.

This sale includes one building containing three separate spaces: two retail locations and one restaurant, all being sold “as-is.” The restaurant space comes with pre-installed equipment and furniture, providing a ready-to-operate starting point.

The property is located in Historic Downtown Sanford, NC, with multiple street-facing units within the same building configuration.

Prospective buyers should plan to review each space’s existing condition and fit-out during their due diligence, particularly given the as-is offering.

Key Highlights

  • One building in Historic Downtown Sanford, NC with three spaces: two retail locations and one restaurant
  • Retail spaces at 111 and 115 offered as‑is
  • Restaurant at 101 offered as‑is

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Storage Facility Parking Lot & Garage Garden Center Big Box & Wholesale Store Kitchen & Bath Showroom

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

1,023
Businesses Nearby
Under-served
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Flower Station 116 s steele st, sanford, nc 27330

Frequently Asked Questions

What type of property is this?
Storefront property - One building with two retail spaces and one restaurant, offered as-is with pre-installed equipment and furniture included.
Where is this storefront property located?
The property is located at 111 S Steele St Sanford, NC.
What are key features of this property?
This property features: One building in Historic Downtown Sanford, NC with three spaces: two retail locations and one restaurant; Retail spaces at 111 and 115 offered as‑is; Restaurant at 101 offered as‑is
More about this property
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