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    1013 Carthage Street

    Sanford, NC 27330
    • $199,000
    • STATUS: Active
    • ON SITE: 99 days
    • MLS #: 639837
    UPDATED: 57 min ago
    $199,000
    • 0
      BEDS
    • 1.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3501-4000
      SQFT
    • $53
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1952
    County:
    Lee
    Area:

    School Ratings & Info

    Courtesy of Adcock & Associates.

    Description

    4,000 sf office building with 17 rooms as currently configured. Can be separated into 4 office suites with anticipated rent of $54,000/yr with owner paying property taxes, building insurance, common area maintenance, some other maintenance and utilities; anticipated cap rate of 13% after subdividing the building. Note: this is conceptual only; buyer should employ a contractor to analyze costs. 4 parcels are included for a total of 1.15 acres (9642-46-0668, -4741, -1793, 0774) MATERIAL FACT: A discrepancy in deed descriptions between these parcels and the parcel to the south. The owners are currently negotiating a solution.

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    © 2020 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2020-11-24T20:31:23.983.
    www.movinghomes2020.com/homes/109063235
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    1013 Carthage Street Sanford, NC 27330

    • Price: $199,000
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 639837
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.15
    Acres
    3501-4000
    SQFT
    $53
    $/SQFT
    1952
    Built
    Neighborhood:
    None
    County:
    Lee
    Area:
    Sanford
    Property Description
    4,000 sf office building with 17 rooms as currently configured. Can be separated into 4 office suites with anticipated rent of $54,000/yr with owner paying property taxes, building insurance, common area maintenance, some other maintenance and utilities; anticipated cap rate of 13% after subdividing the building. Note: this is conceptual only; buyer should employ a contractor to analyze costs. 4 parcels are included for a total of 1.15 acres (9642-46-0668, -4741, -1793, 0774) MATERIAL FACT: A discrepancy in deed descriptions between these parcels and the parcel to the south. The owners are currently negotiating a solution.
    Interior Features

    Living Area Range 3501-4000

    Property Features

    Construction Materials Brick Veneer Lease Considered YN No Property Sub Type Office Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Description Oi - Office And Institutional



    © 2020 Fayetteville Regional Association of Realtors Multiple Listing Service. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties marked with the IDX icon are provided courtesy of the Fayetteville Regional Association of Realtors, Inc., Internet Data Exchange (IDX). Data last updated: 2020-11-24T20:31:23.983.
     
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    Moving Forward Real Estate LLC
    222 Central Park Ave STE, E502
    Pinehurst NC, 28374
    Courtesy of Adcock & Associates.