205 W 3rd St, Pembroke, NC 28372

Property Description

Three unit commercial building. Retail section built in 1972, pharmacy/medical unit built in 1978; and well maintained over the years. Large paved parking that was sealed and striped in 2024. Medical/pharmacy unit contains @ 4,390 SF, center retail unit contains @12,765 SF, end office/retail unit contains @ 11,892 SF; total of 29,046 SF approximately. Slab foundation. Roof replaced on medical/pharmacy unit in 2022 , roof recently replace on remainder of building. Roof consits of GAF Everguard. Located in the 'downtown' central business district of Pembroke, NC. Area improvements include well lighted streets and sidewalks. Good frontage along Third Street (Hwy 711), Pine Street, 4th Street, and Vance Street. This property will benefit from the Pembroke Revitalization project that will upgrade the storm-drainage systems, water and sewer lines, street lighting and sidewalks; as part of an $8.5 million project to reconstruct and beautify downtown Pembroke. In addition there will be new traffic signals at the corner of Third and Vance. NCDOT TIP Project HL-0009. Property is in walking distance to UNC-P and close to several commercial properties. Viewing is by appointment only as there are tenants/businesses in place.