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1013 Carthage Street

Sanford, NC 27330
  • $199,000
  • STATUS: Active
  • ON SITE: 347 days
  • ID#: 639837
UPDATED: 28 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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© 2021 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: 2021-07-30T06:31:34.463.
www.trianglehomehunt.com/homes/109063235
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1013 Carthage Street Sanford, NC 27330

  • Price: $199,000
  • Status: Active
  • Updated: 28 min ago
  • ID#: 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



© 2021 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: 2021-07-30T06:31:34.463.
 
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The Helbert Team | RE/MAX United
51 Kilmayne Drive
Cary NC, 27511
Courtesy of Adcock & Associates.