Downtown Retail Space with
New
For Lease
$7,440/Mo
490 SW Broad Street, Southern Pines, NC 28387
Commercial Lease, Southern Pines, NC
Space SizeContact for details
Lot Size0.98 Acres
Days on Market1
Property Features for 490 SW Broad Street
General Information
Property type
Commercial Lease
Property subtype
Other
Parking features
Off Street, Parking Lot
Subdivision
Downtown
Lot features
Corner Lot
Directions
From US 1- take exit for W Morganton Road, head southeast of W Morganton Rd, take left onto SW Broad Street, take left onto W Illinois Ave, property entrance on the right.
Standard status
Active
APN
100594655
Size
2,976 SF
Lot size
0.98 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
LOT 1-6 23 24 PART LOT 22
Expense value
7440
Expense
SecurityDeposit
Expense freq.
One Time
Legal Description
LOT 1-6 23 24 PART LOT 22
Utilities
Heating system
Electric (Heating)
Amenities
patio
Building Details
Year built
1987
Listing Agency:
Carolina Summit Group, LLC
(910) 684-5353
Listed By:
Holly Spofford Bell · License #252152
(910) 690-1065
Added: Sep 15
Last Checked: Sep 15 at 10:06PM
MLS# 100603601
Copyright © 2026 Hive MLS. 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 2,976-square-foot retail space occupies a 1987 commercial building in downtown Southern Pines. The interior features an open plan, glass storefront, exposed ceilings, an existing bar, two customer restrooms, a separate employee restroom, a rear room, and several storage areas. Roll-up windows provide direct exterior access, while electric heating serves the space.
A rear entry complements the storefront, and on-site parking is available through off-street spaces and a parking lot. The property includes a patio along SW Broad Street and is zoned CB (Central Business) with the Downtown Overlay. The existing configuration can support retail, restaurant, brewery, or other commercial uses, subject to applicable approvals and regulations.
A rear entry complements the storefront, and on-site parking is available through off-street spaces and a parking lot. The property includes a patio along SW Broad Street and is zoned CB (Central Business) with the Downtown Overlay. The existing configuration can support retail, restaurant, brewery, or other commercial uses, subject to applicable approvals and regulations.
Key Highlights
- 2,976 square feet of retail space
- 0.98‑acre property in downtown Southern Pines
- CB (Central Business) zoning with the Downtown Overlay
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,203
Businesses Nearby
Explore this area
Business Placement
Demographics for 28387, NC
16,413
Population
8,731
Households
1.9
Avg Household Size
45
Median Age
53%
College-Educated
93%
High-School Grad
29.5 sq mi
ZIP Area
556
Density / Sq Mi
$73,587
Median Household Income
$51,681
Median Earnings
$1,137
Median Rent
$366,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Southern Pines, NC
$25.58 /SF/Yr
Avg Asking Price
$21.77–$30 /SF/Yr
Price Range
2,618 SF
Avg Space Size
This space is priced 17% above the average of $25.58 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Open commercial space with a glass storefront, exposed ceilings, bar area, and flexible interior configuration.
Where is this retail space located?
The property is located at 490 SW Broad Street Southern Pines, NC.
What is the lease rate?
The lease rate is $7,440/Mo.
What are key features of this property?
This property features: 2,976 square feet of retail space; 0.98‑acre property in downtown Southern Pines; CB (Central Business) zoning with the Downtown Overlay
