235 Pennsylvania Ave Southern Pines, NC 28387-6125
This exceptional 4,995 square foot office building, situated at 235 E Pennsylvania Ave in Southern Pines, NC, presents a fantastic leasing opportunity. Built in 1973 and extensively renovated in 2021, this Class B property boasts 15 individual suites within a single-story building, ideal for multiple tenants. The 0.89-acre lot provides ample parking with 26 spaces. Conveniently located on the corner of E Pennsylvania Avenue and N Ashe Street, the building offers easy access to the vibrant downtown area, including restaurants, retail shops, and the post office. Shared amenities include a reception area, conference room, and kitchenette. Utilities are included in the lease, with high-speed wireless internet available for an additional monthly fee of $35. The property is zoned for Central Business with Downtown Overlay Zoning District and features the APN 858106373979. This is a rare opportunity to secure professional office space in the desirable Downtown Southern Pines submarket of Moore County.
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Tina Adams Remax of the Pines Real Estate Agency
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Bell Manley Real Estate Real Estate Agency
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Laura Lycans Real Estate Agency
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Real Estate Investments & Services Real Estate Agency
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TCI Software Tech Support Center (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MULTI · Southern Pines, NCSouthern Pines. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.