5,573 sqft

$420,000

409 Carthage Street, Sanford NC, 27330

Price per sqft$75.36

Built in1920

Property size5,573 sqft

Property typeCommercial

Listing courtesy of Keller Williams Elite Realty

Overview

Active

Listed May 7, 2026

Updated Jul 26

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

MLS^® ID: 10168191

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.29 Acres

Other Property Details

Taxes: $3,528
Tax Frequency: Annually

Listed by Vandan Gandhi, , Keller Williams Elite Realty

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Data last updated 3:33 AM UTC, 7/26/2026