Southern Pines Town Civicplus #58

Lease proposals for two historic downtown buildings in Southern Pines

The Town of Southern Pines is seeking tenants for two historic downtown properties and includes related Historic District Commission approval details for building work. - Government buyer: Town of Southern Pines, North Carolina; the attached approvals are from the Town’s Historic District Commission. Town Clerk Beth Robertson and Facilities Superintendent Darren Johnson are named in the materials. - Properties available for lease: - 125 SE Broad Street: Former Town Administration building, 2,046 sq. ft.; reference rent is $4,260 per month. On-street parking; located at the entrance to Downtown Park. - 180 SW Broad Street: Former Library and Finance building, 7,541 sq. ft.; reference rent is $10,840 per month. Includes 9 rear parking spaces and on-street parking. Certain professional and business uses are prohibited under stated zoning restrictions. - Proposals may cover one or both properties, but a separate proposal is required for each. The Town requests proposed use, customers and operating hours, access and delivery plans, waste and noise plans, improvements and signage, offered rent and lease term, occupancy timing, and tenant qualifications. - Tenants must respect historic character and meet applicable zoning, permitting, and Historic District Commission requirements. Tenants fund upfits and are responsible for utilities, liability and personal-property insurance, and specified maintenance; the Town maintains the building shell and mechanical systems. A 3% annual rent increase is recommended. - Attached historic-work approvals: HD-17-25 covers rehabilitation of 15 windows, roof work, and an ADA ramp at 125 SE Broad Street. Requirements include historically compatible materials and methods, copper roof elements, matching brick and mortar, and landscaping to screen the ramp. HD-18-25 covers replacement of 12 non-original windows and rehabilitation of 8 original street-facing windows at 180 SW Broad Street; original windows must be preserved and rehabilitated using appropriate methods. No other exterior changes are authorized under either approval. - No OEMs, vendors, or commercial products are identified; this is a real-estate leasing opportunity. Reference rents total $15,100 per month if both properties are leased. Estimated lease value is approximately $255,600 to $1,796,900 over the shortest potential term for one property through the maximum combined term for both, using reference rents and excluding recommended increases.

Description

The Town of Southern Pines is seeking proposals to lease two historic downtown buildings: 125 SE Broad Street, the former Town Administration building, and 180 SW Broad Street, the former Library and Finance building. Proposals should be specific to each property and describe the proposed use, operational plan, improvements and signage, financial terms, occupancy timeline, and qualifications. The properties are in the Southern Pines Historic District, and proposed uses and exterior changes must comply with applicable zoning and historic district requirements. Submit a PDF proposal to Town Clerk Beth Robertson by 2:00 p.m. on January 11, 2027.

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