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$ 850,000
Est. payment | /mo
3,920 Sqft Lot
$ 850,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4153417
Year Built 1900
Lot Size 3,920 Sqft
Acres 0.09
Property Description
EXCELLENT OPPORTUNITY: This beautiful historic building is in the heart of downtown Salisbury & is located just over from the new $12 Million Bell Tower Park (www.belltowergreen.com) & town square. This is a key location for retail & entertainment. It is an excellent opportunity to develop the 2nd-floor level into 4 luxury apartments with common storage areas & workspaces. The 1st-floor & 2nd-floor levels have incredible historic character, including massive solid wood beams, massive wood columns, large windows, exposed brick & hardwood floors. The Bell Tower Park expects 100+ events/year & the town of Salisbury plans special events throughout the year. This 12,920 SF building is in the opportunity zone and qualifies for NC state and federal tax credits for historic renovations! The city offers incentives and grants for improvements of historic buildings located in downtown. Excellent exposure and high visibility on West Innes Street. This property is available for sale, or lease.
Location
State NC
County Rowan
Zoning Retail
Interior
Heating Central
Cooling Central Air
Flooring Wood
Inclusions Building, Land
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Others
Senior Community false
Restrictions Historical
Acceptable Financing Cash, Conventional, Owner Financing
Listing Terms Cash, Conventional, Owner Financing
Special Listing Condition None
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Richard Yates • Yates Realty Inc • yatesrealtyinc@gmail.com
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Mary Burr Newsome & Marlo Taylor
REALTORS®