409 Carthage Street, Sanford, NC 27330
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409 Carthage Street, Sanford, NC 27330
409 Carthage Street, Sanford, NC 27330
409 Carthage Street, Sanford, NC 27330
409 Carthage Street, Sanford, NC 27330
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Listed by Keller Williams Elite Realty
$ 420,000
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409 Carthage Street Sanford, NC 27330

5,573 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,573 sqft

Price per Sqft $75

MLS Listing ID 10168191

Abv Grd Liv Area 5,573

Year Built 1920

Annual Tax Amount $3,527

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Mixed Use

Source Triangle MLS

Property Description

Rare opportunity to own a high-visibility corner asset in Sanford's Central Business District. This 5,573 SF mixed-use building sits on 0.29 acres with dual street frontage and delivers three income-producing units, 15 paved on-site spaces, and in-place cash flow. Strategic positioning supports owner-occupant, investor, or redevelopment plays. C-2 zoning, no flood risk, full public utilities, and adjacent Prince Hotel site cleared for new development drive substantial upside. Comparable downtown Sanford CBD sales have traded as high as $122/SF, significant value-creation runway for the right operator. Downtown momentum is accelerating. Act decisively.

Location

State NC

County Lee

Zoning C-2

Direction From US-1/US-421, take the Sanford exit toward Downtown Sanford. Continue onto Carthage St heading into downtown. Property is located at 409 Carthage St on a prominent corner lot near Wicker St in the Central Business District. Property on right.

Exterior

Private Pool No

Building

Faces From US-1/US-421, take the Sanford exit toward Downtown Sanford. Continue onto Carthage St heading into downtown. Property is located at 409 Carthage St on a prominent corner lot near Wicker St in the Central Business District. Property on right.

Story 1

Level or Stories 1

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 964259613100

Special Listing Condition Standard


Doorify MLS / Triangle MLS

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Russell Copersito Jr
Russell Copersito Jr

Commercial Specialist | Broker | License ID: 339343

+1(919) 899-2662 | russell@thecopersitogroup.com

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409 Carthage Street