409 Carthage St, Sanford, NC 27330

$420,000
5,573
SqFt

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Seller Representative Keller Williams Elite Realty

List Price
$420,000
Status
ACTIVE
Days on Market
75
MLS#
10168191
Subtype
Commercial Sale
Year Built
1920
Living Area
5,573
Lot Size
12,632
Acres
0.29

Property Description

Rare opportunity to own a high-visibility corner asset in Sanford's Central Business District. This 5,573 SF mixed-use building sits on 0.29 acres with dual street frontage and delivers three income-producing units, 15 paved on-site spaces, and in-place cash flow. Strategic positioning supports owner-occupant, investor, or redevelopment plays. C-2 zoning, no flood risk, full public utilities, and adjacent Prince Hotel site cleared for new development drive substantial upside. Comparable downtown Sanford CBD sales have traded as high as $122/SF, significant value-creation runway for the right operator. Downtown momentum is accelerating. Act decisively.

Additional Information

Taxes
$3,527
Zoning
C-2
Stories
1

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .