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Chris Pappalardo

Owner | The Chris Pappalardo Team | KW One

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409 Carthage St , Sanford, NC 27330
$420,000
Est. Payment: $2,238.35/mo
5573 Sqft
0.29 Acres
Status: active | Days on site: 167
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House Description

Rare opportunity to own a high-visibility corner asset in Sanford's Central Business District. This 5,573 SF mixed-use building sits on 0.29 acres with dual street frontage and delivers three income-producing units, 15 paved on-site spaces, and in-place cash flow. Strategic positioning supports owner-occupant, investor, or redevelopment plays. C-2 zoning, no flood risk, full public utilities, and adjacent Prince Hotel site cleared for new development drive substantial upside. Comparable downtown Sanford CBD sales have traded as high as $122/SF, significant value-creation runway for the right operator. Downtown momentum is accelerating. Act decisively.

Highlights

Listed by Vandan Gandhi , Keller Williams Elite Realty , Doorify MLS mls logo

Property Type

Mixed Use

Lot/Acreage
0.29

Year Built

1920

County

Lee

Listing ID

10168191

Questions about this listing?

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Interior Features

Exterior Features

Lot Dimensions:100' × 127'
Zoning:C-2
Principal Interest
$2,238
Taxes
$268

Home Price

$420,000

Loan Details

30 yrs
7.013%

Down Payment

20%
$84,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,238.35

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,238.35 $267.75 $0.00 $2,506.10
Yearly $26,860.21 $3,213.00 $0.00 $30,073.21
Total $805,806.25 $96,390.00 $0.00 $902,196.25

Today's Rates

30 Year

7.01%

20 Year

7.03%

15 Year

6.39%

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Market insight data is pulled from the same city as the listing being viewed (Sanford, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Doorify MLS, Internet Data Exchange Database.
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Data last updated: 2026-11-02T13:56:34.000Z

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