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FORMER POPEYES BUILDING/PROPERTY 507 W 3rd St 1,992 SF Retail Building Pembroke, NC 28372 $2,000,000 ($1,004.02/SF)
Investment Highlights
- High visibility
- Brand new building
- Walking distance to UNC Pembroke
Executive Summary
The former Popeyes property is now available for sale or lease in the heart of Pembroke, North Carolina. This newly completed 1,997-square-foot building, finished in 2025, sits on approximately one acre in a highly desirable location directly across from Pembroke Memorial Park and within walking distance of University of North Carolina at Pembroke.
Pembroke is a growing and vibrant community, proudly home to UNCP and the Lumbee Tribe of North Carolina, which recently received federal recognition. The town will also host the 2026 Lumbee Homecoming celebration, sponsored annually by Lumbee Regional Development Association around the July 4th holiday.
In recent years, downtown Pembroke has undergone significant revitalization, including the addition of new tribal street lighting, decorative sidewalks, updated business awnings, improved curbing and asphalt roadways, and enhanced landscaping throughout the area.
This property offers an outstanding opportunity to become part of a thriving and culturally rich community with strong local pride and continued growth.
We welcome you to Pembroke — a small town with a big dream.
Go Braves!
Pembroke is a growing and vibrant community, proudly home to UNCP and the Lumbee Tribe of North Carolina, which recently received federal recognition. The town will also host the 2026 Lumbee Homecoming celebration, sponsored annually by Lumbee Regional Development Association around the July 4th holiday.
In recent years, downtown Pembroke has undergone significant revitalization, including the addition of new tribal street lighting, decorative sidewalks, updated business awnings, improved curbing and asphalt roadways, and enhanced landscaping throughout the area.
This property offers an outstanding opportunity to become part of a thriving and culturally rich community with strong local pride and continued growth.
We welcome you to Pembroke — a small town with a big dream.
Go Braves!
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,992 SF
Building Class
B
Year Built
2024
Price
$2,000,000
Price Per SF
$1,004.02
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.90 AC
Opportunity Zone
Yes
Zoning
CB
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3503-01-026 | Improvements Assessment | $399,200 |
| Land Assessment | $179,700 | Total Assessment | $578,900 |
Property Taxes
Parcel Number
3503-01-026
Land Assessment
$179,700
Improvements Assessment
$399,200
Total Assessment
$578,900
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FORMER POPEYES BUILDING/PROPERTY | 507 W 3rd St
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