Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CENTRAL BUSINESS DISTRICT · Sanford, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CENTRAL BUSINESS DISTRICT in Sanford, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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