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.
| MLS # | 100564101 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1990 |
| Days On Site | 142 |
| Listing Provided By | Freedom Realty of NC, LLC | Angela Rooney |
| SQ Feet | 5,000 |
|---|---|
| Zoning | commercial |
| Acreage | 0.38 |
| Heating Yes / No | Yes |
|---|
| Construction Materials | Brick, Wood Frame |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | No |
| Tax Assessed Value | 258520 |
|---|---|
| Tax Book Number | 0 |
| Tax Legal Description | BETHEL RD & HARRIS |
| Tax Year | 2025 |
| State | NC |
|---|---|
| County | Hoke |
| City | Raeford |
| Zip Code | 28376 |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $695,000 low | high Med: $325,000 sqft: 5,000 low | high Med: 1,110 $ / sqft: $139 low | high Med: $371 On site: 142 low | high Med: 98 | |
| State | NC |
|---|---|
| County | Hoke |
| City | Raeford |
| Zip Code | 28376 |
| Community Name | Downtown |
| Listing VS Median (in Downtown) | |
Price: $695,000 low | high Med: $325,000 sqft: 5,000 low | high Med: 1,110 $ / sqft: $139 low | high Med: $371 On site: 142 low | high Med: 98 | |