Active
206 Commerce Avenue
Southern Pines NC, 28387
$2,500,000
$333.33 per sqft
Active
7,500 sqft
Commercial
Built in 1986
Value Add opportunity at Yadkin Park, a fully leased, L-shaped, single-story shopping center strategically positioned at the intersection of Commerce Avenue and Turner Street, just seconds from the bustling Highway 15/501 and 211. This prime location ensures high visibility and is bolstered by proximity to well-established businesses such as Walmart, Staples, Goodwill, and Lowe's. The center features a diverse tenant mix, including Qwik Pack & Ship, Bella Vie Hair Studio, Anthony's Barber Shop, and Imagine Moore Events, creating a vibrant shopping environment. Current NOI $51,997 & Cap Rate 2.08%
100449551
MLSⓇ ID
June 10, 2024
Listed
November 22, 2024
Updated
Map
206 Commerce Avenue
Southern Pines NC, 28387
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.52 Acres
Lot Features
Corner Lot
Other Property Details
Days on Market
127
Association Fee Frequency
Yearly
Garage
No
Parking
Private, Off Street, On Site, Paved
View
No
County
Moore
Pool
No
Zoning
GB
Courtesy of Carolina Summit Group, LLC with Holly Spofford Bell,
Listing Contact: 910-690-1065
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Data last updated 1:31 PM UTC, 11/22/2024
