128 Carthage St Sanford, NC 27330
- Strip malls
- 17,816 SF
- 0.10 lot acres
Current Use by Public Records
- Strip malls
Property Details for 128 Carthage St
- Year built
- 1925
- Lot size
- 0.10 lot acres
- Property size
- 17,816 SF
- Zone code
- CENTRAL BUSINESS DISTRICT
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 9643-60-6063-00
- APU
- 964360606300
Description
This stunning, 17,816 square foot mixed-use building, located in the heart of downtown Sanford, North Carolina, presents a unique investment opportunity. Originally constructed in 1924 and extensively renovated in 2021, this former Masonic Temple boasts a rich history and captivating architectural details. The building, listed on the National Register of Historic Places since 1984, offers significant potential for historic tax credits. The ground floor and basement currently house retail spaces, while the upper two floors are adaptable for office or apartment use. Notable features include ornate stairwells, an elevated main floor stage, a secret rooftop entrance, and an original coal shoot in the basement. The property's prime location at the intersection of Carthage Street and N. Steele Street provides excellent visibility and accessibility. With a new roof installed in 2021, this building offers a blend of historic charm and modern functionality. The asking price is $1,200,000. The basement space presents an ideal opportunity for a speakeasy-style bar, complementing the building's Prohibition-era history. This is a rare chance to own a piece of Sanford's vibrant past while capitalizing on its promising future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Lee
- State
- North Carolina
- Longitude
- -79.1792
- Latitude
- 35.481
- CBSA code
- 41820
- CBSA name
- SANFORD, NC MICROPOLITAN STATISTICAL AREA
