115 Connecticut Ave Southern Pines, NC 28387
This exceptional 1,780-square-foot single-story flex/warehouse building is ideally situated in the heart of Downtown Southern Pines, North Carolina, at 115 W Connecticut Ave, near the intersection of NW Broad Street. Built in 1930, this single-tenant property sits on a 0.3-acre lot and offers a unique blend of office and warehouse space. The building features two offices seamlessly integrated with a substantial warehouse area, providing ample space for diverse business needs. The property includes a convenient 0.3-acre parking area for employees and clients. The zoning designation is Central Business & Historic District (Moore County). The property is being offered "as is" with a 90-day notice to move-in required. Electricity is an additional $50 per month. The property's APN is 00035341 & a portion of 00035341. This presents a rare opportunity to secure a well-located, versatile commercial space in a thriving downtown area. The property's convenient location and unique features make it an attractive option for a variety of businesses seeking a blend of office and warehouse functionality. This is a single-building property with one story.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.