407 Front St Lillington, NC 27546
- Office Properties & Spaces
- 3,240 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 407 Front St
- Year built
- 1946
- Property size
- 3,240 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a fully occupied, 3,240 square foot medical office building located at 407 W Front St in Lillington, North Carolina. The property, priced at $475,000 ($146.60/sq ft), boasts a 100% occupancy rate under a gross lease with a single tenant. Built in 1946, the property consists of two single-story buildings situated on a corner lot offering excellent visibility along a main downtown corridor. This prime location provides easy access to town water and sewer services. The sale includes three parcels sold together "as is." The property benefits from its proximity to numerous amenities, including a new town park directly across the street, the Cape Fear River, Raven Rock State Park, Campbell University, Keith Hills Golf Course & Aquatic Center, and the downtown Lillington restaurants and shops. This is a rare chance to acquire a thriving medical office building in a desirable and growing downtown area. The property is zoned for medical office use.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lillington
- County
- Harnett
- State
- North Carolina
- Longitude
- -78.8221
- Latitude
- 35.4