Log In/Sign Up
Your email has been sent.
402-406 Harris Ave 5,000 SF 50% Leased Retail Building Raeford, NC 28376 $1,105,511 CAD ($221.10 CAD/SF)
Executive Summary
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 unit 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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,000 SF
Building Class
C
Year Built
1990
Price
$1,105,511 CAD
Price Per SF
$221.10 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.38 AC
Opportunity Zone
Yes
Parking
20 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 694340901059 | Improvements Assessment | $249,720 CAD |
| Land Assessment | $109,772 CAD | Total Assessment | $359,493 CAD |
Property Taxes
Parcel Number
694340901059
Land Assessment
$109,772 CAD
Improvements Assessment
$249,720 CAD
Total Assessment
$359,493 CAD
1 of 72
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
402-406 Harris Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.