Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    102 Steele St Sanford, NC 27330

    Sponsored
    For Lease
    $10 SF/Yr ($16,250 /Mo)

    Historic building, 7,612 sq ft available

    Lot size:
    19,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 102 S. Steele St in Sanford, North Carolina, within Lee County. Known as the Lee Furniture Building, this Class B property boasts a rich history, having been constructed in 1926. The building stands as one of the tallest and most unique structures in downtown Sanford, offering a truly distinctive setting for your business. The property totals 19,500 square feet, with a significant 7,612 square feet currently vacant and available for lease. Spaces can be divided to a minimum of 3,806 square feet, with a maximum contiguous space of 7,612 square feet. The building features beautifully preserved hardwood floors and punched tin ceilings, providing a rare and elegant ambiance. Recent renovations have successfully modernized the building while carefully maintaining its historical charm and character. This prime location in the heart of Sanford offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The zip code is 27330.

    Property Features for 102 Steele St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,500 SF
    Class
    B
    Total Rate
    16250

    Building Details

    Year Built
    1926

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    7,612 SF
    Rate per SF
    $10

    HighLights

    • Available space: 3,806 - 7,612 square feet.
    • Elevator access.
    • Exposed brick, hardwood floors, and abundant natural light.
    • Recently renovated.
    • Walking distance to restaurants, bars, entertainment, and parks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Woolstone Corporation Radio Broadcaster ERA Strother Real ... Real Estate Agency Life 103.1 WLHC-FM Advertising Agency Empower Commercial Group ... Property Management Company Shops of Steele Street Boutique

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.179305
    Latitude
    35.480453

    Nearby Similar for Lease

    • $526,980
      17,566 SF

      Former Acura Dealership For Lease

      Equipped automotive center with lifts, alignment machine, and tire equipment.
      3590 Nc 87, Sanford, NC 27332
      View Details
    • $18,000 /Mo
      1,000 SF

      Sanford Retail Space For Rent

      1,000 sq ft retail space near Walmart and Hwy 87.
      352 Wilson Rd, Sanford, NC 27332
      View Details
    • $7 SF/Yr
      25,754 SF

      Sanford Flex Industrial Building Available

      25,754 SF flex industrial building for lease in Sanford, NC.
      2907 Lee Ave, Sanford, NC 27330
      View Details
    • $7 SF/Yr
      52,500 SF

      Sanford Industrial Building For Lease

      52,500 SF industrial building suitable for manufacturing or distribution.
      908 J R Industrial Dr, Sanford, NC 27332
      View Details
    • Contact for pricing
      73,198 SF

      Sanford Industrial Manufacturing Facility

      73,198 SF manufacturing facility available for lease in Sanford.
      2903 Lee Ave, Sanford, NC 27332
      View Details
    • $12 SF/Yr
      20,880 SF

      Sanford Industrial Space with Yard

      Industrial space with laydown yard available for lease.
      3030 Lee Ave, Sanford, NC 27332
      View Details
    • Contact for pricing
      8,400 SF

      Sanford Industrial Space with Storage

      7,400 SF industrial space with fenced laydown storage.
      3105 Hal Siler Dr, Sanford, NC 27332
      View Details
    • Contact for pricing
      100,000 SF

      Sanford Industrial/Flex Build-to-Suit Opportunity

      Industrial/Flex space for lease with highway access and flexible layout.
      Lee Ave, Sanford, NC 27332
      View Details
    • Contact for pricing
      8,000 SF

      Sanford Medical Office Building

      8,000 SF Medical Office Available
      1219 Carthage St, Sanford, NC 27330
      View Details
    • $1.00 SF/Yr
      150,000 SF

      Sanford Warehouse Space Available

      40,000 SF warehouse space in growing downtown Sanford.
      513 Wicker St, Sanford, NC 27330
      View Details
    • Contact for pricing
      19,250 SF

      Sanford Flex Space For Lease

      3,006 SF flex space in Moore Business Park.
      201-225 Commercial Ct, Sanford, NC 27330
      View Details
    • $10 SF/Yr
      6,000 SF

      Modern Flex Space for Lease

      Versatile Industrial Units, Prime Location
      413 Cox Maddox Rd, Sanford, NC 27332
      View Details

    FAQs

    What type of property is this?
    Retail property - Historic building, 7,612 sq ft available
    Where is this retail property located?
    The property is located at 102 Steele St Sanford, NC.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Available space: 3,806 - 7,612 square feet.; Elevator access.; Exposed brick, hardwood floors, and abundant natural light.
    Request Owner's contact information
    102 Steele St Sanford, NC 27330
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Steele St
    Sanford, NC 27330
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    102 Steele St Sanford, NC 27330
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.