Great opportunity to live over your business or have a LEGAL short-term rental in Southern Pines! Zoned General Business and strategically located on a corner off Old US Hwy 1 with great visibility and traffic count. Business is not offered with this listing. Currently leased (month to month) by Frankie's Coffee Shop with vacant second floor apartment. Great history for apartment rental-last tenant paid $1,100 per month plus electric (before installation of new floors). New LVP floor in apartment. Newer roof and exterior paint, newer appliances in apartment, French drain installed since last purchase. Two electric meters. Landlord pays water. Note the lot can be cleared to allow for additional parking. Broker/Owner. Shown by appointment only to pre-qualified buyers. Note: paved drive between buildings is an easement and cannot be closed without consent of both property owners. First floor is 1,293 SF and second floor is 932 SF plus an unfinished basement for storage. The town of Southern Pines has zoned out STR's in all areas zoned residential. Seller will also consider long term lease at $3,000 per month.
Details
MLS#
100441548
Listing Type
For Sale
Status
Active
Year
1925
Days On Site
134
Listing Provided By
Keller Williams Pinehurst | Tammy O Lyne
Features
SQ Feet
2,225
Basement
Y
Zoning
GB
Acreage
0.30
Market Activity 28387
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2024
Sales: 13
Avg $ Per SqFt: $33.7
Min Sale Price: $975
Max Sale Price: $385,000
Med Sale Price: $1,950
Date: Jul 2024
Sales: 15
Avg $ Per SqFt: $160.15
Min Sale Price: $1,225
Max Sale Price: $950,000
Med Sale Price: $2,400
Date: Jun 2024
Sales: 16
Avg $ Per SqFt: $169.07
Min Sale Price: $1,700
Max Sale Price: $875,000
Med Sale Price: $334,250
Date: May 2024
Sales: 8
Avg $ Per SqFt: $277.33
Min Sale Price: $1,450
Max Sale Price: $732,800
Med Sale Price: $428,500
Date: Apr 2024
Sales: 6
Avg $ Per SqFt: $174.94
Min Sale Price: $1,600
Max Sale Price: $534,000
Med Sale Price: $326,750
Date: Mar 2024
Sales: 3
Avg $ Per SqFt: $232.56
Min Sale Price: $274,000
Max Sale Price: $564,000
Med Sale Price: $341,900
Date: Feb 2024
Sales: 2
Avg $ Per SqFt: $75.99
Min Sale Price: $1,600
Max Sale Price: $170,000
Med Sale Price: $85,800
Date: Jan 2024
Sales: 3
Avg $ Per SqFt: $188.13
Min Sale Price: $365,000
Max Sale Price: $725,625
Med Sale Price: $377,500
Sourced by Back At You
Aug 2024
Sales:
13
Avg $ Per SqFt:
$33.7
Min Sale Price:
$975
Max Sale Price:
$385,000
Med Sale Price:
$1,950
Jul 2024
Sales:
15
Avg $ Per SqFt:
$160.15
Min Sale Price:
$1,225
Max Sale Price:
$950,000
Med Sale Price:
$2,400
Jun 2024
Sales:
16
Avg $ Per SqFt:
$169.07
Min Sale Price:
$1,700
Max Sale Price:
$875,000
Med Sale Price:
$334,250
May 2024
Sales:
8
Avg $ Per SqFt:
$277.33
Min Sale Price:
$1,450
Max Sale Price:
$732,800
Med Sale Price:
$428,500
Apr 2024
Sales:
6
Avg $ Per SqFt:
$174.94
Min Sale Price:
$1,600
Max Sale Price:
$534,000
Med Sale Price:
$326,750
Mar 2024
Sales:
3
Avg $ Per SqFt:
$232.56
Min Sale Price:
$274,000
Max Sale Price:
$564,000
Med Sale Price:
$341,900
Feb 2024
Sales:
2
Avg $ Per SqFt:
$75.99
Min Sale Price:
$1,600
Max Sale Price:
$170,000
Med Sale Price:
$85,800
Jan 2024
Sales:
3
Avg $ Per SqFt:
$188.13
Min Sale Price:
$365,000
Max Sale Price:
$725,625
Med Sale Price:
$377,500
MLS Number: 100441548
Tammy O Lyne – (910) 603-5300 – tammy@tammylyne.com
Keller Williams Pinehurst – (910) 692-5553 – mcckw828@gmail.com
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MLS Number: 100441548
Tammy O Lyne – (910) 603-5300 – tammy@tammylyne.com
Keller Williams Pinehurst – (910) 692-5553 – mcckw828@gmail.com