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213 North Steele Street 213-219 S Steele St 8,102 SF Retail Building Sanford, NC 27330 $1,387,470 CAD ($171.25 CAD/SF)



Investment Highlights
- Downtown Sanford commercial investment
- Seller to lease back a small portion of the building after closing
- Mixed-use commercial investment property
Executive Summary
Exceptional opportunity to acquire a mixed-use commercial property in the heart of Downtown Sanford. This well-positioned asset offers immediate income with additional leasing upside, making it an attractive investment for both investors and owner-users.
The property currently features approximately 1,700± SF available for lease at $11.00/SF, along with Suites 213, 217B, and 217C available for $600 per month, providing multiple opportunities to increase occupancy and cash flow.
As an added benefit, the current owner will remain as a tenant after closing, occupying only a small portion of the building while providing immediate in-place rental income. This allows a new owner to benefit from existing cash flow while maintaining flexibility to lease the remaining available space.
Located in Sanford's thriving downtown district, the property enjoys excellent visibility, walkability, and convenient access to US-1, US-421, and NC-87. Suitable for retail, office, professional services, boutique, restaurant, or specialty commercial uses, this is a rare opportunity to acquire a versatile investment property in one of Central North Carolina's fastest-growing markets.
The property currently features approximately 1,700± SF available for lease at $11.00/SF, along with Suites 213, 217B, and 217C available for $600 per month, providing multiple opportunities to increase occupancy and cash flow.
As an added benefit, the current owner will remain as a tenant after closing, occupying only a small portion of the building while providing immediate in-place rental income. This allows a new owner to benefit from existing cash flow while maintaining flexibility to lease the remaining available space.
Located in Sanford's thriving downtown district, the property enjoys excellent visibility, walkability, and convenient access to US-1, US-421, and NC-87. Suitable for retail, office, professional services, boutique, restaurant, or specialty commercial uses, this is a rare opportunity to acquire a versatile investment property in one of Central North Carolina's fastest-growing markets.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,102 SF
Building Class
C
Year Built
1950
Price
$1,387,470 CAD
Price Per SF
$171.25 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.37 AC
Zoning
CBD - CBD
Frontage
89’ on Steele St
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Cameron Testing Service Inc
- Health Care and Social Assistance
- -
- -
- -
- Cbwc Concierge Services Pllc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Debra's Accounting
- Professional, Scientific, and Technical Services
- -
- -
- -
- J & E Uniforms, Inc
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Cameron Testing Service Inc | Health Care and Social Assistance | - | - | - | ||
| Cbwc Concierge Services Pllc | Professional, Scientific, and Technical Services | - | - | - | ||
| Debra's Accounting | Professional, Scientific, and Technical Services | - | - | - | ||
| J & E Uniforms, Inc | - | - | - | - |
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9642-79-1490-00 | Improvements Assessment | $464,747 CAD |
| Land Assessment | $110,582 CAD | Total Assessment | $575,329 CAD |
Property Taxes
Parcel Number
9642-79-1490-00
Land Assessment
$110,582 CAD
Improvements Assessment
$464,747 CAD
Total Assessment
$575,329 CAD
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213 North Steele Street | 213-219 S Steele St
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