SQUARE FEET14,003
MLS#100598048
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Offered for sale, this well-maintained multi-tenant commercial property along Old US 1 Hwy includes three buildings totaling +/- 14,003 SF: a 2,008 SF two-story office at 1275-1285, an 8,985 SF two-story office at 1295, and a 3,010 SF single-story storage building at 1297. The asset is fully leased with primarily NNN leases, providing stable income. Current Cap Rate 7.97%. The site offers 44 parking spaces and is zoned GB (General Business) within an Urban Village Highway Corridor, with portions located in the city limits and the remainder in the ETJ.
Property Features
Property Type: Commercial - Business
Heating: Electric
Lot Size: 0.99 Acres
Year Built: 1966
Feature Descriptions
Lot Dimensions: 150.06x300.04x150x300.03
Parcel#: 00051120
Parking: On Site, Paved
Parking Notes: On Site, Paved
Listed By / Shown By
Listed By
Agency Name: Carolina Summit Group, LLC
Agency Phone: 910-684-5353
Shown By
Agency Title: Townsend Real Estate
Agency Phone: 910-323-1110
1295 Old Us 1 Highway | MLS# 100598048
This commercial property located at 1295 Old Us 1 Highway , Southern Pines, NC 28387 is currently listed for sale with an asking price of $1,920,000. Search Southern Pines real estate on www.townsendrealestate.com today.