1120 Old Us Hwy 1 Hwy #A & B
Southern Pines, NC 28387

Great opportunity to live over your business or have a LEGAL short-term rental in Southern Pines! Zoned General Business and strategically located on a corner off Old US Hwy 1 with great visibility and traffic count. Business is not offered with this listing. Currently leased (month to month) by Frankie's Coffee Shop with vacant second floor apartment. Great history for apartment rental-last tenant paid $1,100 per month plus electric (before installation of new floors). New LVP floor in apartment. Newer roof and exterior paint, newer appliances in apartment, French drain installed since last purchase. Two electric meters. Landlord pays water. Note the lot can be cleared to allow for additional parking. Broker/Owner. Shown by appointment only to pre-qualified buyers. Note: paved drive between buildings is an easement and cannot be closed without consent of both property owners. First floor is 1,293 SF and second floor is 932 SF plus an unfinished basement for storage. The town of Southern Pines has zoned out STR's in all areas zoned residential. Seller will also consider long term lease at $3,000 per month.