201 Chatham Street

Sanford, NC 27330

$2,200,000
Price
—
Beds
9,619 Sq. Ft.
$229 / Sq. Ft.
9,619
Sq. Ft.
$229
per Sq. Ft.

Description

RE/MAX United and The Living Local Team proudly present the sale of Sanford's historic Lutterloh building. This beautiful two-story brick building with basement, circa 1900, blends a unique history with modern urban residential and commercial purpose. Completely remodeled throughout and fully sprinklered, this building currently has 2 commercial leases, 6 residential leases and a short-term rental. The property has a beautiful courtyard with gate, mail kiosk and space to enjoy the outdoors. The first...RE/MAX United and The Living Local Team proudly present the sale of Sanford's historic Lutterloh building. This beautiful two-story brick building with basement, circa 1900, blends a unique history with modern urban residential and commercial purpose. Completely remodeled throughout and fully sprinklered, this building currently has 2 commercial leases, 6 residential leases and a short-term rental. The property has a beautiful courtyard with gate, mail kiosk and space to enjoy the outdoors. The first level has two commercial/office spaces featuring three street level entrances, tall ceilings, private offices, conference rooms and many unique pieces of history throughout. The second level has 7 one-bedroom apartments all with original hardwood floors, tall ceilings, full kitchens, full-size stackable washer/dryer, electric water heater, extra storage space, ceiling fans, full baths and plenty of unique charm and character. All apartments are accessed using one of two flights of stairs. Common areas are heated and cooled and have lighting. Full basement with outside access is unfinished with concrete floors. Server room in basement houses wifi for the building.
  1. Listed by Martha Lucas • RE/MAX United

Amenities

  • Basement
  • Ceiling Fan
  • Common Outdoor Space
  • Concrete Floors
  • Full Basement
  • Hardwood Floors
  • Vinyl Floors
  • Washer / Dryer in Unit
LISTING UPDATED: 11/16/2024 06:01 AM

Property Details for 201 Chatham Street

StatusActive
MLS #10054226
Days on Market60
Taxes$9,149 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1893
Lot Size0.17 AC / 7,405 SF
CountyLee County

Building Information for 201 Chatham Street

Stories-Residences9Year Built1893Lot Size0.17 AC / 7,405 SF

Property Information for 201 Chatham Street

Summary
Location and General Information
  • Directions: From NC-87 / US 421 BUS / N Horner Blvd turn left onto Carthage St. Continue onto Charlotte Ave. Right onto Chatham St. Property will be on the left.
  • Latitude: 35.480298
  • Longitude: -79.176053
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Tax Annual Amount: $9,149.00
  • City Limits Of: Sanford
  • City Limits YN: Yes
  • Lot Number: 201
Contract Information
  • Lease Expiration Date: 2025-04-30
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
Virtual Tour
Property
Lot Information
  • Building Area Total: 9619.0
  • Lot Features: Corner Lot
  • Lot Size Dimensions: survey recommended
  • Parcel Number: 964279579700
  • Structure Type: Mixed Use
  • List PriceAcre: 12941176.47
Property and Assessments
  • New Construction: No
  • Photos Count: 95
  • Below Grade Finished Area Units: Square Feet
  • Property Condition: Updated/Remodeled
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Not Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Cable Not Available, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • Roof: Flat
  • Security Features: Fire Sprinkler System
  • New Construction Type: Brick, Mixed Use
Interior Features
  • Basement Description: Walk-Out Access
  • Flooring: Hardwood, Vinyl
  • Cooling: Heat Pump, Multi Units
  • Cooling?: Yes
  • Heating: Heat Pump
  • Heating?: Yes
  • Laundry Features: In Unit
  • Interior Features: Ceiling Fan(s), High Ceilings, High Speed Internet, Quartz Counters
  • Interior: Cable Not Available, Electricity Connected, Sewer Connected, Water Connected, Brick, In Unit, Fire Sprinkler System
  • Equipment: In Unit
Multi Family
Unit Information
  • Total Units: 9
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: Other
  • TenantPays: Electricity

Property History for 201 Chatham Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 Chatham Street

Taxable ValueLand$27,600Additions$678,900Total$706,500
Tax Record2024$9,149 ($762 / month)
Home Facts
Total Finished SqFt14,358 SqFtAbove Grade Finished SqFt14,358 SqFtStories1Lot Size4,800 SqFtStyleOffice BuildingYear Built1893Year Renovated2000ZoningLICountyLEEAPN9642-79-5797-00

Schools near 201 Chatham Street

This home is within Lee County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Benjamin T Bullock Elementary School
PublicK to 5

West Lee Middle School
Public6 to 8

Lee County High School
Public9 to 12

WB Wicker Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 Chatham Street is a mixed use property for sale in Sanford, NC 27330. This property was listed for sale on September 23, 2024 by RE/MAX United, it's currently listed at $2,200,000. It has been on the market for a total of 60 days and was last sold on April 5, 2017. This listing's school district is Lee County School District. Nearby schools include Benjamin T Bullock Elementary School, West Lee Middle School and Lee County High School. 201 Chatham Street is a 0-bed, 0-bath, 9,619 sqft mixed use property built in 1893.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX United

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