670 SW Broad Street, Southern Pines NC, 28387

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