516 W Chapin Road, Aberdeen, NC 28315

$480,000
Property Type: Comm Sale or Lease Square Footage: 5,500 Lot Size (sq. ft.): 26,136 Status: Active
Current Price: $480,000 List Date: 9/24/2025 Last Modified: 12/05/2025

Description

This 6,000 sq ft former school building sits on a deep 1.35-acre site within the approved Aberdeen Station mixed-use development and features four large classroom-style rooms, a central hallway, and dedicated men's and women's restrooms—making it well-suited for uses such as daycare, private school, tutoring, church, therapy/rehab, wellness, or professional/medical offices. All public utilities are in place, and the slab foundation, flat roof, and spacious lot offer plenty of room for parking, outdoor activity areas, or future expansion. Offered in shell condition, the property gives an owner-user or investor the rare opportunity to design a fully customized interior without the cost or timeline of ground-up construction. The building may be acquired individually or combined with the adjacent 711 N Chapin Road property to create a larger Aberdeen Station campus, with the seller open to SBA-friendly buyers, joint ventures, sale, lease, or lease-to-own options.

More Information MLS# 100532378

Building/Ext Features

Fireplace Y/N: No Lot Acres: 0.6 Lot SqFt: 26136 Lot Dimensions: irregular Location Type: Mainland

Contract Info

Delayed Marketing?: No Garage: N/A Sale/Lease: Sale List Price/SqFt: 87.27 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2025-09-23 Listing Price: 480000 Current Price: $480,000

Location Information

City Limits: Yes Marketing City: Aberdeen Street #: 516 Pre Direction: W Street Name: Chapin Street Suffix: Road County: Moore State/Province: NC Zip Code: 28315 Subdivision: Aberdeen Geo Lat: 35.140352 Geo Lon: -79.426374

Remarks and Showing

Sign on Property: Yes Directions to Property: US 1 S from Southern Pines. Turn right onto Elm St. Right in the old elementary school.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 429070 Deed Book: 6219 Deed Page: 165 Legal: LOT 6 Broker Owner: No PID: 20240719 Tax Identifier: 20240719 Plat Book: 20 Plat Page: 403 Special Assessments: N/A Tax Year: 2025 Zoning: ABERDE Cobra Zone: No Year Built: 1979

Business Type

Medical: 1 Mixed: 1 Professional/Office: 1 Commercial: 1 Other: 1 Professional Service: 1

Current Use

Vacant: 1

Miscellaneous

Ceiling Height: 11 Current Use: Vacant

C & I Features

ADA Compliant: 1

Construction

Block: 1

Current Service Providers

Electric Provider: Duke Energy

Exterior Finish

Brick Veneer: 1

Terms

Cash: 1 Conventional: 1 Joint Venture: 1 SBA: 1

Foundation

Slab: 1

Sale/Lease Includes

Buildings: 1

Roof

Flat: 1

Lot Description

Interior Lot: 1

Cooling

None: 1

Location

See Remarks: 1

Heating

None: 1

Heating System Fuel Source

Electric: 1

Utilities

See Remarks: 1

Water Source

Municipal Water: 1 Public: 1

Sewer

Municipal Sewer: 1 Public Sewer: 1

BuildingExt Features

SqFt - Heated (Primary): 5500

Property Features

Business Type: Medical; Mixed; Professional/Office; Commercial; Other; Professional Service Construction: Block Exterior Finish: Brick Veneer Foundation: Slab Roof: Flat Lot Description: Interior Lot Current Use: Vacant Location: See Remarks Cooling: None Heating: None Heating System Fuel Source: Electric Utilities: See Remarks Sewer: Municipal Sewer; Public Sewer Water Source: Municipal Water; Public; Public Terms: Cash; Conventional; Joint Venture; SBA
Listing Office: Keller Williams Pinehurst
IDX
Last Updated: December - 05 - 2025
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