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This beautifully restored early 1900s office 115 N Magnolia St 4,011 SF 100% Leased 4-Star Office Building Raeford, NC 28376 $767,756 CAD ($191.41 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Renovated historic office building with modern upgrades.
  • Walkable to Hoke County Courthouse and civic amenities.
  • Zoned for professional, retail, or mixed-use applications.
  • Prime corner lot with excellent visibility in Downtown Raeford.
  • Seven offices plus flexible-use rooms for varied layouts.
  • Strong local demographics support business viability.

EXECUTIVE SUMMARY

This beautifully restored early 1900s office building at 115 North Magnolia Street offers a rare blend of historic charm and modern upgrades in the heart of Downtown Raeford. Originally constructed in 1903 and fully renovated in 2025, the property spans 4,011 square feet across seven spacious offices and additional flexible-use rooms, making it ideal for professional services, boutique retail, or creative workspaces.
Situated on a prominent 0.53-acre corner lot, the building enjoys excellent visibility and walkable access to the newly built Hoke County Courthouse and surrounding commercial activity. The location provides a strategic advantage for businesses seeking a presence in a growing civic and commercial hub, with strong community engagement and steady foot traffic.
The surrounding area features a balanced demographic profile, with average household incomes ranging from $53,000 to $57,000 and average home values exceeding $190,000 within a two-mile radius. This supports a stable customer base for service-oriented or retail tenants. The property’s zoning allows for a variety of commercial uses, and its recent renovation ensures turnkey readiness for owner-occupants or investors. [Sale Brochure (1) | PDF]
Whether you're seeking a headquarters with character or a unique investment in a revitalizing downtown, this property delivers both aesthetic appeal and functional versatility.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,011 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1907
Price
$767,756 CAD
Price Per SF
$191.41 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,006 SF
Building FAR
0.17
Lot Size
0.53 AC
Opportunity Zone
Yes
Parking
10 Spaces (2.49 Spaces per 1,000 SF Leased)

AMENITIES

  • Fenced Lot
  • Air Conditioning
  • Balcony
  • Smoke Detector
  • Listing ID: 38449178

  • Date on Market: 2025-11-14

  • Last Updated:

  • Address: 115 N Magnolia St, Raeford, NC 28376

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