12,466 SF Commercial Building in Laurinburg, NC

Highlights:

• 12,466 sq. ft. single-story commercial building
• Large open space (previously used as a gym)
• Additional open area plus two restrooms
• Expansive warehouse section with two bay doors
• Street and side parking with rear alley access
• 18,253 population within five miles, $60,534 income

Description:

This 12,466 sq. ft. brick building, constructed in 1966 and updated in 1985 and 1995, offers a unique investment opportunity in Laurinburg's central business district. The single-story structure features a large open area that was previously used as a gym, providing a versatile space adaptable for retail, office, or recreational use. A secondary open area adds further flexibility for business operations, while the property also includes two restrooms and a spacious warehouse section with rear alley access. The warehouse area features two large bay doors, facilitating smooth logistics for inventory storage, loading, and distribution. The building's adaptable layout makes it well-suited for large-item retail, antique furnishings, office setups, entertainment venues, or warehousing. While some deferred maintenance and potential encroachment issues have been noted, these do not diminish its potential for an investor looking to modernize and maximize its value.

Located in Laurinburg’s central business corridor, the property benefits from its proximity to commercial and educational institutions, including St. Andrews University. The surrounding area blends historic character with modern conveniences, fostering an inviting environment for businesses. With a population of 18,253 within a five-mile radius and an average household income of $60,534, the site offers access to a diverse consumer base. Conveniently positioned along major roadways, the property ensures excellent visibility and accessibility for both customers and logistical operations, making it an attractive choice for businesses seeking a well-connected and adaptable commercial space.

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