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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

110 Connecticut Ave Southern Pines, NC 28387

6,672 SF 19699 ac lot Built 1925
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 6,672 SF
Lot 19699 ac (858,088,440 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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