110 Steele St Sanford, NC 27330
- Strip malls
- 5,540 SF
- 0.06 lot acres
Current Use by Public Records
- Strip malls
Property Details for 110 Steele St
- Year built
- 1953
- Lot size
- 0.06 lot acres
- Property size
- 5,540 SF
- Zone code
- CENTRAL BUSINESS DISTRICT
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 9642-69-6759-00
- APU
- 964269675900
Description
This exceptional commercial property at 110 S Steele Street in Sanford, NC, presents a unique investment or business opportunity in a revitalized downtown area. The building offers a substantial 7,159 square feet of space, ideally suited for a variety of commercial uses. The main floor encompasses 2,784 square feet, providing ample room for retail operations or a primary business function. Adding to its versatility, a 125-square-foot loft area offers additional space for office or storage needs. Upstairs, an expansive 4,250 square feet extends over 106 S Steele Street, which is also available for purchase separately (MLS # 696989). This presents a rare chance to acquire a significant footprint in the heart of Sanford's burgeoning downtown district. The property benefits from high visibility and is perfectly positioned to capitalize on the area's revitalization efforts. There are no confirmed special assessments associated with this property, simplifying the acquisition process. This is an exceptional opportunity for investors seeking a strong return or businesses looking to establish a prominent presence in a thriving downtown location. The combined square footage of both properties offers significant potential for expansion or multi-tenant occupancy. Don't miss this chance to become part of Sanford's vibrant downtown scene.
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
- 35.4803
- CBSA code
- 41820
- CBSA name
- SANFORD, NC MICROPOLITAN STATISTICAL AREA