130 Fairway Avenue Southern Pines, NC ^$ 3,600,000

130 Fairway Avenue

^$ 3,600,000

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130 Fairway Avenue

Southern Pines, NC, 28387

^$ 3,600,000

Bedrooms-- Baths-- Sq 350

Monthly Estimate*

^$ 22,459

130 Fairway Avenue, Southern Pines, NC 28387 - Image 1

Commercial Property for sale in Southern Pines, NC

for $3,600,000. This 350 square foot building was built in 2005 on a lot size of 4.88.

This unique offering presents a rare opportunity to enter a thriving market with a strong and growing demand for affordable rental properties. Don't miss your chance to invest in 38 fully leased studio residencies enabling controlling interest in the Home Owners Association

Commercial Active

Price

^$ 3,600,000

Property Type

Commercial

Taxes

^$ 43

Style

Commercial Sale

Lot Size

4.88

Year Built

2005

Town/City

Southern Pines

County/Region

Moore

MLS | Web ID

100469233

Features

General

Heating Electric

Utilities See Remarks

Zoning MULTIP

Year Built 2005

Tax Year 2023

Taxes 43.5

Parcel Number 00991783

County Moore

New Construction N

Property Type Commercial Sale

In City Limits? (Y/N) N

Association Amenities Water

HOA Y

Attached Garage N

Subdivision Name Royal Estates

Garage Y/N N

Status Active

Directions Traveling North on HWY 1 you will pass the Hyland Golf Course. At first opportunity make a U turn 130 Fairway Ave is the main entrance...on the left is the entrance to the Club House on the right is

City Southern Pines

Number Of Units Total 60

Lot Size Units Acres

Lot Size Square Feet 212573.0

Carport Y/N N

Property Attached Y/N N

Land Lease Y/N N

Showing Instructions Need 24 hour notice. Please call the listing Broker for an appointment

Home Warranty Y/N N

Lease Considered Y/N N

Availability Date 2024-10-03

Standard Status Active

Tax Assessed Value 715266

Legal Description 00991783/859319704139

Interior

Water Heater Electric

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Total Baths 0

Exterior

Parking Features Other See Remarks

Total Parking 60.0

Lot Size Area 4.88

Spa N

Building Area Total 350

Lot Dimensions 345.7X507.84X516.43X425.05

Lot Size Acres 4.88

Waterfront Y/N N

Road Frontage Type See Remarks

Crops Included Y/N N

Horse Y/N N

Internal Only

Street Number 1 130

* Excluded Features

List By

Terry Mohr

Listing Agent

Carolina Summit Group, Llc

Broker

terry@bellmanley.com

Affordability Calculator

$22,463

Per Month

Monthly Principal & Interest: $22,459
Monthly Property Taxes: $4
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Southern Pines, NC

Average List Price ^$987,857

Percent of Sale Price 73%

About Southern Pines, NC

14,941 Population

33% Since 2002

^$59,201 Median Income

45.96 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3960720 Elementary School

3960847 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/24/2025	$3,600,000	-1.37%	Price Down
10/3/2024	$3,650,000		Listed Price

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130 Fairway Avenue, Southern Pines, NC, 28387 is a Commercial Property for sale at $3,600,000 with 350 sqft and a lot size of 4.88. 130 Fairway Avenue was built in 2005. The property's zip code is 28387 which is in Southern Pines, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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130 Fairway Avenue

Commercial Property for sale in Southern Pines, NC

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