Log In/Sign Up
Your email has been sent.
213-219 S Steele St
Sanford, NC 27330
213 North Steele Street · Retail Property For Sale


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
$1,000,000
Price Per SF
$123.43
Percent Leased
100%
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
Property Taxes
| Parcel Number | 9642-79-1490-00 | Improvements Assessment | $335,800 |
| Land Assessment | $79,900 | Total Assessment | $415,700 |
Property Taxes
Parcel Number
9642-79-1490-00
Land Assessment
$79,900
Improvements Assessment
$335,800
Total Assessment
$415,700
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
