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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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402406 402-406 Harris Ave , Raeford, NC 28376
$695,000
Est. Payment: $3,573.74/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 118
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Terri Bias
Operator/Brokerage Owner

House Description

Commercial property located in downtown Raeford within city limits, offering excellent visibility and accessibility. The all brick approximately 5000sf total building is divided into four separate units and is suitable for a variety of uses, including office or retail. Two units are currently occupied, providing immediate income, with additional leasing potential available. This property presents an opportunity for an investor or an owner-user to occupy one or mosre units while generating rental income from the others. Market rents in the area are estimated at approximately $10 per square foot or higher. Contact listing agent for current rent amounts and additional financial details.

Highlights

Listed by ANGELA ROONEY , 910-603-8603 FREEDOM REALTY OF NC, LLC , 910-603-8603. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Commercial Sale

Year Built

1990

County

Hoke

Listing ID

LP759862

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:DT - Downtown
Principal Interest
$3,574
Taxes
$443

Home Price

$695,000

Loan Details

30 yrs
6.662%

Down Payment

20%
$139,000
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:
$3,573.74

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,573.74 $443.06 $0.00 $4,016.80
Yearly $42,884.91 $5,316.75 $0.00 $48,201.66
Total $1,286,547.17 $159,502.50 $0.00 $1,446,049.67

Today's Rates

30 Year

6.66%

20 Year

6.55%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Raeford, 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 Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-07-28T09:12:58.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina