NC > Southern Pines > Yadkin Park
Southern Pines, NC 28387,206 Commerce AVE
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Southern Pines, NC 28387,206 Commerce AVE
Southern Pines, NC 28387,206 Commerce AVE
Southern Pines, NC 28387,206 Commerce AVE
Southern Pines, NC 28387,206 Commerce AVE
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Diane Castro-Perez

Diane Castro-Perez

+1(910) 546-4479
$ 2,500,000
Est. payment /mo
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Active

206 Commerce AVE Southern Pines, NC 28387

7,500 SqFt

UPDATED:

10/14/2024 09:21 AM

Key Details

Property Type Commercial

Sub Type Improved

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $333

Subdivision Yadkin Park

MLS Listing ID 100449551

Originating Board North Carolina Regional MLS

Year Built 1986

Lot Size 0.520 Acres

Acres 0.52

Lot Dimensions 150x150x150x150

Property Description

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%

Location

State NC

County Moore

Community Yadkin Park

Zoning GB

Direction Take US-1 from Southern Pines towards Aberdeen. Turn right onto Pinehurst Ave. Continue straight onto Commerce Ave. Property on the right at the corner of Commerce Ave and Turner St.

Interior

Heating Electric

Exterior

Garage Private, Off Street, On Site, Paved

Parking Type Private, Off Street, On Site, Paved

Building

Lot Description Corner Lot

New Construction No

Others

Tax ID 00048101

Special Listing Condition None

Hive MLS / (NCRMLS)
Listed by Carolina Summit Group, LLC

Diane Castro-Perez

Broker | License ID: 245995

+1(910) 546-4479

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206 Commerce AVE