402-406 Harris Avenue, Raeford, NC 28376

$695,000

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List Price
$695,000
Status
ACTIVE
Days on Market
161
Price Change
▼ $100,000 1784755499
MLS#
759862
Subtype
Commercial Sale
Year Built
1990
Subdivision
Downtown Raeford

Property Description

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.

Additional Information

Heating
Heat Pump

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Listing courtesy of FREEDOM REALTY OF NC, LLC. Contact: