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230 W Pennsylvania Ave 5,200 SF Office Building Southern Pines, NC 28387 $1,692,984 CAD ($325.57 CAD/SF)



Investment Highlights
- Prime Southern Pines Location
- Convenient Access to Area Amenities
- Single Tenant or Multi-Tenant Layout
- Professional Office Space
- Adjacent to public parking and street parking
- Currently Occupied by Three Month to Month Tenants
Executive Summary
This ±5,200 SF professional office building presents an excellent opportunity for both investors and owner-users in the heart of Downtown Southern Pines.
Currently occupied by three month-to-month tenants, the property offers immediate income with the flexibility to accommodate a future owner-user or continue as a multi-tenant investment. The building features a versatile floor plan suitable for a wide range of professional office users, including legal, financial, medical, and consulting firms, along with convenient adjacent public and street parking. Located just minutes from Pinehurst, Aberdeen, and US-1, the property benefits from excellent accessibility, strong traffic exposure, and proximity to the area's growing retail, dining, and business districts. With Southern Pines continuing to experience steady economic and population growth, this property represents a rare opportunity to acquire a well-positioned office asset in one of Moore County's most desirable commercial markets.
Currently occupied by three month-to-month tenants, the property offers immediate income with the flexibility to accommodate a future owner-user or continue as a multi-tenant investment. The building features a versatile floor plan suitable for a wide range of professional office users, including legal, financial, medical, and consulting firms, along with convenient adjacent public and street parking. Located just minutes from Pinehurst, Aberdeen, and US-1, the property benefits from excellent accessibility, strong traffic exposure, and proximity to the area's growing retail, dining, and business districts. With Southern Pines continuing to experience steady economic and population growth, this property represents a rare opportunity to acquire a well-positioned office asset in one of Moore County's most desirable commercial markets.
Property Facts
Sale Type
Owner User
Property Type
Building Size
5,200 SF
Building Class
C
Year Built
1965
Price
$1,692,984 CAD
Price Per SF
$325.57 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,600 SF
Building FAR
0.60
Lot Size
0.20 AC
Zoning
CB - Central Business (CB): Supports a mix of office, retail, restaurant, and service uses in Southern Pines' downtown district.
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Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 8581-05-28-3936 | Improvements Assessment | $626,108 CAD |
| Land Assessment | $360,591 CAD | Total Assessment | $986,699 CAD |
Property Taxes
Parcel Number
8581-05-28-3936
Land Assessment
$360,591 CAD
Improvements Assessment
$626,108 CAD
Total Assessment
$986,699 CAD
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230 W Pennsylvania Ave
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