Active
670 SW Broad Street
Southern Pines NC, 28387
$2,290,000
$144.13 per sqft
Active
15,888 sqft
Commercial
Built in 1960
Investment Opportunity: Prime commercial real estate in highly sought-after Downtown Southern Pines, covering 673-685 S Bennett St and 660-670 SW Broad St. This fully leased property boasts approximately 15,888 +/- SF of premium space with Broad Street frontage and off-street parking via Bennett St. Located minutes from US Hwy 1 for easy access to surrounding areas, this investment offers a diverse and stable income stream with tenants like ARC of Moore County, Special Forces Charitable Trust, Far Ridgeline, Elaine's Salon, and Twelve Million Plus powered by Instant Teams. The property generates a Net Operating Income (NOI) of $124,730 and a cap rate of 5.5%.
100457658
MLSⓇ ID
July 25, 2024
Listed
November 22, 2024
Updated
Map
670 SW Broad Street
Southern Pines NC, 28387
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
1.61 Acres
Other Property Details
Days on Market
81
Association Fee Frequency
Yearly
Garage
No
View
No
County
Moore
Pool
No
Zoning
CB & Downtown
Courtesy of Carolina Summit Group, LLC with Holly Spofford Bell,
Listing Contact: 910-690-1065
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Data last updated 1:32 PM UTC, 11/22/2024
