206 Commerce AvenueSouthern Pines, NC 28387
- Retail
- $2,500,000
- 7,500 SQFT
Value Add opportunity at Yadkin Park, a fully leased, L-shaped, single-story shopping center strategically positioned at the intersection of Commerce Avenue and Turner Street, just seconds from the bustling Highway 15/501 and 211. This prime location ensures high visibility and is bolstered by proximity to well-established businesses such as Walmart, Staples, Goodwill, and Lowe's. The center features a diverse tenant mix, including Qwik Pack & Ship, Bella Vie Hair Studio, Anthony's Barber Shop, and Imagine Moore Events, creating a vibrant shopping environment. Current NOI $51,997 & Cap Rate 2.08%
- Last Checked
- 1 minute ago
- Last Updated
- Jun 28, 2024
- Days on Website
- 291
Property Details for 206 Commerce Avenue
206 Commerce Avenue is a retail, other, shopping_center commercial space for sale in Southern Pines, NC 28387.
Heating & Cooling
- Heating:
- Yes, Electric
Building
- Type:
- Commercial, Retail, Other, Shopping Center
- Year Built:
- 1986
- New Construction:
- No
- Total SQFT:
- 7500
Community
- Subdivision:
- Yadkin Park
- County:
- Moore
Status
- MLS ID:
- 100449551
- Status:
- Active
- Published Date:
- Monday, June 10, 2024 (291 Days Ago)
Terms
- Special Conditions:
- None
Parking
- Features:
- Private, Off Street, On Site, Paved
- Attached Garage:
- No
Lot
- Features:
- Corner Lot
- Acres:
- 0.52
- Total SQFT:
- 22,651
- Dimensions:
- 150x150x150x150
- Parcel Number:
- 00048101
- Road Frontage:
- City Street, State Road
- Zoning:
- GB
Address
- Street Number:
- 206
- Street Name:
- Commerce
- City:
- Southern Pines
- State:
- NC
- Zip:
- 28387
- Directions:
- Take US-1 from Southern Pines towards Aberdeen. Turn right onto Pinehurst Ave. Continue straight onto Commerce Ave. Property on the right at the corner of Commerce Ave and Turner St.
- Coordinates:
- -79.422661, 35.161237
Pricing
- Type:
- Sale
- List Price:
- $2,500,000
Please contact Holly Spofford Bell at Carolina Summit Group, LLC direct by phone at 910-690-1065. You may also reach Carolina Summit Group, LLC by phone at 910-684-5353.
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Listing Provider for 206 Commerce Avenue
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Holly Spofford Bell
- Agent Phone Number:
- 910-690-1065
- Office:
- Carolina Summit Group, LLC
- Office Phone Number:
- 910-684-5353
- MLS ID:
- 100449551
- Data Source:
- North Carolina Regional MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- June 28, 2024 7:17 PM UTC
- Days on Site:
- 291
