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Multi-Suite Strip Mall
For Sale
$525,000

314 E 4th Avenue, Red Springs, NC 28377

CommercialSale, Red Springs, NC

Property SizeContact for details
Days on Market377

Property Features for 314 E 4th Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description CB - Central Business
Parking features Parking Lot
Lot features Level
Directions From I-95 Take exit 20. Make a right onto Hwy 211. Take Hwy 211 to Red Springs. 211 becomes East 4th Ave. Property is on the left.
Standard status Active
APN 3612-02-019

Taxes and HOA fees

Tax Description LTS 4TH & 5TH AVE CALLAH GOLDEN DESIGNS
Legal Description LTS 4TH & 5TH AVE CALLAH GOLDEN DESIGNS

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1968
Building materials Block
Listing Agency: LIBERTY REALTY GROUP
Listed By: CHRISTOPHER LOCKLEAR · License #284891
Added: Oct 3, 2025 Changed: Oct 12 Last Checked: Oct 14 at 4:06PM
MLS# 751301

Copyright © 2026 Longleaf Pine Realtors. 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.

This retail property includes a main building with four commercial spaces and a detached building with one commercial occupant. The buildings contain a little over 8,000 square feet of commercial lease space, and the property is currently fully occupied. Built in 1968, the main building is constructed of block.

A paved parking lot serves the property, which has access from both East 4th Avenue and 5th Avenue in Red Springs. Public water and public sewer serve the site.

Key Highlights

  • A little over 8,000 square feet of commercial lease space
  • 100% occupancy
  • Main building contains 4 commercial spaces, with one commercial occupant in the detached building

Property Analytics

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Current Use

Oh Bella Boutique Clothing Store Winners Paradise Travel Agency

Suggested Use

Top Pick HVAC Service Real Estate Agency Bakery Building Supply Garden Center (Bike/Boat/Book/etc) Store

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 30% Groceries 26%
Food Lion Grocery Store Groceries
17,339 visits/mo 0.5 miles
McDonald's Dining
17,106 visits/mo 0.2 miles
Sunoco Shops & Services
9,028 visits/mo 0.3 miles
Hardee's Dining
7,935 visits/mo 0.2 miles
Family Dollar Shops & Services
6,731 visits/mo 0.1 miles

Demographics for 28377, NC

11,081
Population
4,715
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
75%
High-School Grad
100.8 sq mi
ZIP Area
110
Density / Sq Mi
$34,892
Median Household Income
$31,670
Median Earnings
$665
Median Rent
$88,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Strip mall - The property is fully occupied across a four-space main building and a separate commercial building.
Where is this strip mall located?
The property is located at 314 E 4th Avenue Red Springs, NC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: A little over 8,000 square feet of commercial lease space; 100% occupancy; Main building contains 4 commercial spaces, with one commercial occupant in the detached building
More about this property
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