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About This Home

This 0-bedroom, 0-bathroom commercial at 409 Carthage Street in Sanford, NC is listed for $420,000 ($75 per sqft). Built in 1920, the home offers 5,573 sqft of living space on a 0.29 acres lot.

Agent 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.

Key Features

  • Built in 1920
  • 0.29 acre lot

Property Details

1 story
1920

Monthly Cost Estimate

$2,246/mo

20% down · 6.5% · 30 years

Principal$304
Interest$1,820
Insurance$123

Estimates only. Actual payments may vary.

Location

409 Carthage Street

Sanford, NC 27330

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 409 Carthage Street is listed at $420,000 ($75/sqft). The estimated monthly payment is $1,820 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.29 acre lot.

This property is listed by Vandan Gandhi and can be reached at 9194755769 or van@vgrealty.com.

VG

Vandan Gandhi

Agent at Keller Williams Elite Realty

(919) 475-5769

Listed by Keller Williams Elite Realty

MLS# 10168191· Source: listhub· Updated 25 days ago

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409 Carthage Street, Sanford, NC 27330

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