211 W Cronly St | Laurinburg, NC 28352
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211 W Cronly St
Laurinburg, NC 28352
Office Property For Sale
Investment Highlights
- 12,466 sq. ft. brick structure, built in 1966.
- Ample parking paring lot on the side of the building.
- Updated in 1985 and 1995, one-story building.
- Average household income within 5 miles: $60,534.
Executive Summary
This versatile 12,466 sq. ft. brick structure, built in 1966 and updated in 1985 and 1995, offers a unique investment opportunity in Laurinburg's central business neighborhood. This single-story building features both street and side parking for vehicles, accommodating a range of business activities. The property includes rear alleyway access to two large bay doors, facilitating easy loading and unloading for various commercial uses such as large-ticket retail, antique furnishings, warehousing, and more. With a history of creative utility, it presents an adaptable space ready for offices, retail, or entertainment venues. Some deferred maintenance and potential encroachment issues have been noted, but these do not diminish the building's robust potential for a savvy investor seeking to revitalize and leverage its inherent value.
Positioned in Laurinburg's central business district, this property benefits from its proximity to key commercial and educational hubs, including St. Andrews University. The surrounding area is characterized by a blend of historical charm and modern infrastructure, creating a welcoming environment for a variety of businesses. With a population of 18,253 within a 5-mile radius and an average household income of $60,534, the location provides access to a diverse customer base. Well-connected by major roads, this site offers excellent accessibility for both customers and deliveries, making it ideal for businesses seeking visibility and convenience in a dynamic commercial market.
Positioned in Laurinburg's central business district, this property benefits from its proximity to key commercial and educational hubs, including St. Andrews University. The surrounding area is characterized by a blend of historical charm and modern infrastructure, creating a welcoming environment for a variety of businesses. With a population of 18,253 within a 5-mile radius and an average household income of $60,534, the location provides access to a diverse customer base. Well-connected by major roads, this site offers excellent accessibility for both customers and deliveries, making it ideal for businesses seeking visibility and convenience in a dynamic commercial market.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
12,466 SF
Building Class
C
Year Built
1966
Price
$567,976 CAD
Price Per SF
$46 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,466 SF
Building FAR
0.57
Lot Size
0.50 AC
Zoning
CB
Parking
30 Spaces (2.41 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 01-0001-07-013.01 | Improvements Assessment | $0 CAD |
Land Assessment | $228 CAD | Total Assessment | $228 CAD |
PROPERTY TAXES
Parcel Number
01-0001-07-013.01
Land Assessment
$228 CAD
Improvements Assessment
$0 CAD
Total Assessment
$228 CAD
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