223 E Main St.

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223 E Main St.

Sanford, NC 27332
Asking Price
$350K
Asset Type
Retail
Class
Class B

What's Special

Located at 223 E Main Street, this retail property is situated in the heart of historic downtown Sanford, North Carolina. The surrounding neighborhood features a mix of established local businesses, government offices, and refurbished brick storefronts characteristic of the regional architecture. Notable nearby amenities include the Temple Theatre, local breweries, and professional service offices. The site offers regional connectivity via Highway 421 and US-1, providing access to the broader Research Triangle area. Sidewalk infrastructure supports consistent pedestrian traffic from residents and visitors exploring the downtown district. The property is well-suited for diverse retail applications, including specialty boutiques, hardware stores, or showrooms. Its street-level visibility and central positioning make it an appropriate fit for tenants seeking high foot traffic and proximity to community events. Potential occupants typically include regional retailers, artisanal shops, or consumer service providers looking to establish a presence in a growing suburban center. The versatile floor plan allows for flexible interior configurations to accommodate various inventory and display requirements within a traditional storefront setting.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

Location & Travel Times