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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

390 Broad St Southern Pines, NC 28387

5,000 SF 1.29 ac lot Built 1975
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located at 390 SW Broad St, Southern Pines, NC 28387, in the heart of the Downtown Southern Pines submarket. The property, situated on a prominent corner lot (1.29 acres) at the intersection of SW Broad St and W Indiana Ave, comprises a two-story, 5,000 square foot building constructed in 1975. Currently divided into two suites, the upper level (Suite B) offers approximately 2,500 square feet of space, previously used as a bar and lounge. This space features high exposed ceilings and abundant natural light. The lower level is occupied by a medical practice. The minimum divisible space is 2,500 square feet, with a maximum contiguous space of 2,500 square feet. The property is zoned CB - Central Business & Downtown Overlay within Moore County and has a Parcel ID of 00033397. This is a NNN lease opportunity. Ideal for a variety of retail uses.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1975
Total area 5,000 SF
Lot 1.29 ac (56,192 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • diVine Lounge Bar & Pub Nightclub
  • Dr. Walter S. Morris III, MD, FACP Physician
  • Java bean plantation abd Roastery Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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