402-406 Harris Avenue, Raeford, NC 28376

$695,000

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List Price
$695,000
Price Change
▼ $100,000 1784755499
MLS#
759862
Status
ACTIVE
County
Hoke
City
Raeford
Subdivision
Downtown Raeford
Property Subtype
Retail

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

Days on Market
118
Year Built
1990
Heating
Heat Pump

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Calculator source: Real Geeks

Listing courtesy of FREEDOM REALTY OF NC, LLC.