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    110 Connecticut Ave Southern Pines, NC 28387

    Sponsored
    For Lease
    $20 SF/Yr ($11,147 /Mo)

    Prime Southern Pines location, flexible space.

    Lot size:
    6,672 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 110 & 150 E Connecticut Ave in Southern Pines, NC, presents a unique leasing opportunity. The property consists of two buildings totaling 6,672 square feet, situated on a substantial 19,699 square foot lot. Built in 1925, these single-story structures offer a blend of historic charm and modern functionality, zoned for Central Business & Historic District use. The property features three suites, with a minimum divisible space of 1,376 square feet and a maximum contiguous space of 6,672 square feet. Currently, all 6,672 square feet are vacant and available for lease. Two units at 110 E Connecticut Ave boast prominent storefront windows, each individually leasing for $3,000 per month. The third unit, located at 150 E Connecticut Ave, offers 6,672 square feet, divided into three sections, and leases for $6,400 per month. This unit includes convenient off-street parking and a rear awning. The combined lease price for all three units is $12,400 per month. The property includes 14 total parking spaces. This is an ideal location for businesses seeking high visibility and accessibility in the heart of Downtown Southern Pines. The property's APN numbers are 00036585, 00038785, 00038786, and 00038782. The property is categorized as both retail and traditional office space, offering significant flexibility for a variety of business types.

    Property Features for 110 Connecticut Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,672 SF
    Total Rate
    11147.8

    Building Details

    Year Built
    1925
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    110 E Connecticute Ave, Unit A
    Size
    1,376 SF
    Rate per SF
    $26
    Space
    110 E Connecticut Ave, Unit B
    Size
    1,466 SF
    Rate per SF
    $24
    Space
    150 E Connecticut Ave
    Size
    3,830 SF
    Rate per SF
    $20

    HighLights

    • Flexible single or multi‑tenant occupancy.
    • Prime downtown Southern Pines location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Southern Pines
    County
    Moore
    State
    North Carolina
    Longitude
    -79.388891902905
    Latitude
    35.174856015411

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Southern Pines location, flexible space.
    Where is this office property / space located?
    The property is located at 110 Connecticut Ave Southern Pines, NC.
    What is the lease rate?
    The lease rate is $20-$26 SF/Yr.
    What are key features of this property?
    This property features: Flexible single or multi-tenant occupancy.; Prime downtown Southern Pines location.;
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Connecticut Ave Southern Pines, NC 28387
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