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
158
Listing Provided By
Keller Williams Pinehurst | Tammy O Lyne
Features
N/A
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: Sep 2024
Sales: 8
Avg $ Per SqFt: $158.13
Min Sale Price: $1,500
Max Sale Price: $1,600,000
Med Sale Price: $2,500
Date: Aug 2024
Sales: 23
Avg $ Per SqFt: $117.17
Min Sale Price: $1,300
Max Sale Price: $1,220,000
Med Sale Price: $2,650
Date: Jul 2024
Sales: 16
Avg $ Per SqFt: $190.28
Min Sale Price: $1,000
Max Sale Price: $950,000
Med Sale Price: $425,000
Date: Jun 2024
Sales: 14
Avg $ Per SqFt: $152.81
Min Sale Price: $1,700
Max Sale Price: $562,500
Med Sale Price: $69,000
Date: May 2024
Sales: 5
Avg $ Per SqFt: $152.66
Min Sale Price: $1,450
Max Sale Price: $732,800
Med Sale Price: $2,400
Date: Apr 2024
Sales: 3
Avg $ Per SqFt: $320.65
Min Sale Price: $2,600
Max Sale Price: $534,000
Med Sale Price: $340,000
Date: Mar 2024
Sales: 7
Avg $ Per SqFt: $157.04
Min Sale Price: $2,250
Max Sale Price: $780,500
Med Sale Price: $376,900
Date: Jan 2024
Sales: 4
Avg $ Per SqFt: $135.23
Min Sale Price: $2,650
Max Sale Price: $525,000
Med Sale Price: $371,250
Date: Dec 2023
Sales: 1
Avg $ Per SqFt: $237.1
Min Sale Price: $285,000
Max Sale Price: $285,000
Med Sale Price: $285,000
Date: Oct 2023
Sales: 2
Avg $ Per SqFt: $247.22
Min Sale Price: $545,000
Max Sale Price: $587,700
Med Sale Price: $566,350
Sourced by Back At You
Sep 2024
Sales:
8
Avg $ Per SqFt:
$158.13
Min Sale Price:
$1,500
Max Sale Price:
$1,600,000
Med Sale Price:
$2,500
Aug 2024
Sales:
23
Avg $ Per SqFt:
$117.17
Min Sale Price:
$1,300
Max Sale Price:
$1,220,000
Med Sale Price:
$2,650
Jul 2024
Sales:
16
Avg $ Per SqFt:
$190.28
Min Sale Price:
$1,000
Max Sale Price:
$950,000
Med Sale Price:
$425,000
Jun 2024
Sales:
14
Avg $ Per SqFt:
$152.81
Min Sale Price:
$1,700
Max Sale Price:
$562,500
Med Sale Price:
$69,000
May 2024
Sales:
5
Avg $ Per SqFt:
$152.66
Min Sale Price:
$1,450
Max Sale Price:
$732,800
Med Sale Price:
$2,400
Apr 2024
Sales:
3
Avg $ Per SqFt:
$320.65
Min Sale Price:
$2,600
Max Sale Price:
$534,000
Med Sale Price:
$340,000
Mar 2024
Sales:
7
Avg $ Per SqFt:
$157.04
Min Sale Price:
$2,250
Max Sale Price:
$780,500
Med Sale Price:
$376,900
Jan 2024
Sales:
4
Avg $ Per SqFt:
$135.23
Min Sale Price:
$2,650
Max Sale Price:
$525,000
Med Sale Price:
$371,250
Dec 2023
Sales:
1
Avg $ Per SqFt:
$237.1
Min Sale Price:
$285,000
Max Sale Price:
$285,000
Med Sale Price:
$285,000
Oct 2023
Sales:
2
Avg $ Per SqFt:
$247.22
Min Sale Price:
$545,000
Max Sale Price:
$587,700
Med Sale Price:
$566,350
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
