128-132 Carthage St | Sanford, NC 27330
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128-132 Carthage St
Sanford, NC 27330
Masonic Temple Building · Retail Property For Sale
Investment Highlights
- Located in Downtown Sanford at the intersection of Carthage Street and N. Steele Street
- New roof added in 2021
- Property has unique architectural details such as ornate stairwells, secret rooftop entrance & original coal shoot in the basement
- Top two floors can be utilized as office or apartments
- Added to the National Register of Historic Places, Historic Tax Credits available for qualifying renovations
Executive Summary
Located in the heart of Downtown Sanford, the former Masonic Temple was a center of the community for over 50 years. Constructed in 1924, the building was home to the Sanford Masonic Lodge 151 until the 1980s.
The ground level floor was originally occupied by Cole’s Pharmacy and featured a vintage soda bar. Next door was the Temple Theatre which showcased vaudeville and burlesque road shows in the 1930’s. Lodge meetings were held on the upper floors.
While the building’s interior has undergone renovations necessary for modern life, unique architectural details have been preserved. The top floors are suitable for office or apartments. The first floor has most recently been used for street level retail. The basement floor is home to Nunnery’s Shoes, but also has space that would be ideal for a “speakeasy” style bar that would be in keeping with this prohibition era building!
The ground level floor was originally occupied by Cole’s Pharmacy and featured a vintage soda bar. Next door was the Temple Theatre which showcased vaudeville and burlesque road shows in the 1930’s. Lodge meetings were held on the upper floors.
While the building’s interior has undergone renovations necessary for modern life, unique architectural details have been preserved. The top floors are suitable for office or apartments. The first floor has most recently been used for street level retail. The basement floor is home to Nunnery’s Shoes, but also has space that would be ideal for a “speakeasy” style bar that would be in keeping with this prohibition era building!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,816 SF
Building Class
C
Year Built
1925
Price
$1,723,740 CAD
Price Per SF
$97 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
3.41
Lot Size
0.12 AC
Zoning
CBD
Frontage
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 9643-60-6063-00 | Improvements Assessment | $1,286,268 CAD |
| Land Assessment | $39,464 CAD | Total Assessment | $1,325,732 CAD |
PROPERTY TAXES
Parcel Number
9643-60-6063-00
Land Assessment
$39,464 CAD
Improvements Assessment
$1,286,268 CAD
Total Assessment
$1,325,732 CAD
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