420 S Main St, Laurinburg, NC 28352

$450,000

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List Price
$450,000
Status
ACTIVE
Days on Market
155
MLS#
100578588
Subtype
Commercial Sale
Year Built
2007
Lot Size
38,028
Acres
0.87
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property Description

Fully occupied commercial investment opportunity featuring two freestanding buildings on approximately 0.873 acres along South Main Street in Laurinburg. Currently occupied by an established barber shop and beauty salon, the property generates $22,800 in annual gross rental income, with tenants responsible for utilities and lawn maintenance. The property offers frontage along South Main Street with additional access from Biggs Street, providing strong visibility, convenient access, and ample on-site parking. Distinctive architectural details, including a wraparound porch and historic character, give the property a unique presence and added appeal for its current commercial uses. With two separate buildings, existing tenants, and income already in place, this property offers an opportunity to acquire an established commercial investment with potential for future income growth. A well-positioned asset with Main Street exposure and a configuration that provides flexibility for long-term ownership.

Additional Information

Zoning
GB
Flooring
Vinyl, Carpet
Heating
Heat Pump, Electric
Air Conditioning
Heat Pump
Parking Features
Private, Attached, Gravel, On Site, Unpaved

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Choice.