Commercial property located in downtown Raeford within city limits, offering excellent visibility and accessibility. The all brick approximately 5000sf total building is divided into four separate units and is suitable for a variety of uses, including office or retail. Two units are currently occupied, providing immediate income, with additional leasing potential available. This property presents an opportunity for an investor or an owner-user to occupy one or mosre units while generating rental income from the others. Market rents in the area are estimated at approximately $10 per square foot or higher. Contact listing agent for current rent amounts and additional financial details.
| MLS # | 759862 |
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| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 163 |
| Listing Provided By | FREEDOM REALTY OF NC, LLC | ANGELA ROONEY |
| Zoning | DT - Downtown |
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| Heating Yes / No | Yes |
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| Tax Legal Description | BETHEL RD & HARRIS VALUE CHANGED BOARD OF E & R 1 RADIO SHACK/HOMETOWN INSURANCE |
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| State | NC |
|---|---|
| County | Hoke |
| City | Raeford |
| Zip Code | 28376 |
| Area | Hoke |
| Listing VS Median (in 28376) | |
Price: $695,000 low | high Med: $318,646 On site: 163 low | high Med: 416 | |
| State | NC |
|---|---|
| County | Hoke |
| City | Raeford |
| Zip Code | 28376 |
| Area | Hoke |
| Listing VS Median (in 28376) | |
Price: $695,000 low | high Med: $318,646 On site: 163 low | high Med: 416 | |