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Mixed-Use Commercial Building with Restaurant

8 N Broad Street E, Angier, NC 27501

For Sale
$749,000

Commercial Sale, Angier, NC

Property Size2,775 SF
Lot Size0.03 Acres
Price / SF$269.91
Days on Market132

Property Features for 8 N Broad Street E

General Information

Property type Commercial Sale
Property subtype Other
Zoning CB
Bathrooms 1
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Standard status Active
APN 040674 0154
Size 2,775 SF
Lot size 0.03 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Additional Details

Property Use Mixed-Use

Taxes and HOA fees

Tax Year 2026
Tax Description 1 Lt Depot & Broad St 28X55
Tax Annual Amount 7883
Legal Description 1 Lt Depot & Broad St 28X55

Building Details

Year built 1920
Floors in Building 2
Buildings 1
Listing Agency: HomeSmart Expert Realty · HomeSmart International
Listed By: Jonathan Edmiston · License NC #290634
Added: Jul 2 Changed: Oct 28 Last Checked: Nov 10 at 5:06PM
MLS# 10177769

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1920, this 2,775-square-foot mixed-use commercial building includes a ground-floor deli and restaurant operation, along with an upper level formerly used as a speakeasy-style venue. The upstairs area includes a liquor license and can accommodate cocktails, entertainment, private events, and special gatherings. Four office spaces are also part of the configuration, with one currently occupied under a rental arrangement.

The property occupies 0.03 acres on N Broad Street E in downtown Angier, within Harnett County. CB zoning applies. The offering includes the building, furnishings, fixtures, equipment, business assets, goodwill, and operational components associated with the commercial operation.

Key Highlights

  • 2,775‑square‑foot mixed‑use commercial building on 0.03 acres
  • Ground‑floor deli and restaurant operation
  • Upstairs venue includes a liquor license

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,266
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,320 $665.3K
Cap Rate 7%
$475,229 $475.2K
Cap Rate 9%
$369,622 $369.6K
Market Conditions
NOI Build-Up for 2,775 SF
Gross rent
$47.3K $17.04/SF
− Vacancy
−$2.9K −$1.06/SF
EGI
$44.4K $15.98/SF
− OpEx
−$11.1K −$4.00/SF
NOI
$33.3K $11.99/SF
Area
Harnett County, NC
Vacancy
6.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,320
Cap Rate 7%
$475,229
Cap Rate 9%
$369,622

Alternative Uses

Best Use
Specialty Retail
$475.2K
$415.8K – $554.4K (±1% cap)
NOI $33,266 @ 7.0% cap · market cap 4.44%
Second Best
Mixed Use
$281.0K
$245.9K – $327.8K (±1% cap)
NOI $19,668 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$604.1K
$528.6K – $704.8K (±1% cap)
NOI $42,286 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brick & Mortar Grill Restaurant Breeden Law Office Law Firm Suzanne Langley Bridal Wedding Service BMG brews Cafe & Coffee Shop

Suggested Use

Top Pick Plumbing Service HVAC Service Garden Center Real Estate Agency Kitchen & Bath Showroom Home Appliance 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

4
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 33% Home Improvements & Furnishings 13%
McDonald's Dining
25,085 visits/mo 0.2 miles
Speedway Shops & Services
12,510 visits/mo 0.2 miles
Angier Ace Hardware Home Improvements & Furnishings
8,343 visits/mo 0.2 miles
Hardee's Dining
7,015 visits/mo 0.4 miles
Truist Shops & Services
4,005 visits/mo 0.1 miles

Demographics for 27501, NC

20,918
Population
9,104
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
82%
High-School Grad
62.8 sq mi
ZIP Area
333
Density / Sq Mi
$71,217
Median Household Income
$40,518
Median Earnings
$1,008
Median Rent
$251,100
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a deli operation, licensed upstairs venue, and four office spaces.
Where is this mixed-use property located?
The property is located at 8 N Broad Street E Angier, NC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,775‑square‑foot mixed‑use commercial building on 0.03 acres; Ground‑floor deli and restaurant operation; Upstairs venue includes a liquor license
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