Commercial Rehabilitation
Commercial Property Design is when Owls Nest Properies makes an investment in multi-use buildings or land. Our commercial property portfolio aligns with our new social reality in integrating offices, restaurants, hotels, retail stores, and multifamily housing. In an emerging economy where the lines between where we live and work are converging, Owls Nest Properties is on the frontier of designing integrated multi-use space that combines the best of both worlds
Buyers and renters are attracted to these properties because of the convenience they offer. Given the opportunity, more than 50 percent of Americans would rather walk or bike around their community. Owls Nest Properties is providing that opportunity. Studies also show there is a meaningful connection between walkable areas and the economic viability of a town.
Many mixed-use developments repurpose old buildings to avoid overbuilding, which promotes sustainability. This is the heart of The Owls Nest philosophy.
Masonic Temple
Owls Nest Properties purchased the Masonic Temple in Downtown Sanford in December of 2020. The temple was constructed in 1924 when the McCormick Lodge merged with the Carbonton Lodge. This resulted in the creation of the Sanford Lodge 151. The Masons operated out of this space up until the 1980s. Since then, the building has sat mostly vacant. In 1984, the Masonic Temple was added to the National Register of Historic Places.
Owls Nest Properties is committed to preserving as much of the history of the Masonic Temple as possible. Every room of this building tells a story. From the ornate stairwells, to secret roof entrances, to the original coal shoot in the basement. These unique architectural elements offer a glimpse into the beginnings of the remarkable community of Sanford, NC.
Upon completion of the Masonic Temple restoration, Owls Nest Properties will be leasing 1&2 bedroom apartments on the top two floors as well as commercial spaces of varying sizes at street level. On the Basement level, Nunnery’s Shoes will remain in a newly updated space. We are also providing a space for a potential speakeasy that would stay true to the prohibition era roots of the Masonic Temple.
Explore the links below to learn more about the Masonic Temple of Downtown Sanford.
Restoring history: Exploring an abandoned 100-year-old Masonic Temple
