Apartment Building

Salisbury, NC Apartment Buildings for Sale

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Cleveland, NC Gold Hill, NC Spencer, NC
4-Parcel Retail and Office Portfolio
Updated: May 14
4-Parcel Retail and Office Portfolio

909 S Main Street, Salisbury, NC 28144

$979,000
20,000 sqft · 1.74 AC lot
4‑parcel commercial portfolio on 1.74 acres in Salisbury, NC, with three income‑producing buildings plus a fully leased 4‑unit storage building
Kent Executive Center flagship building: four street‑front retail units, formal lobby entrance, and 10+ private offices (7 leased)
Second floor offers 20,000+ SF of open office space for conversion to residential apartments (per provided remarks)
Parking lot provides 80–100 spaces; chain link fencing; roofs include flat and rubber materials; construction is brick partial and metal
Additional income buildings: salon suite building with three hairstylists on a per‑chair rental basis and a third building with two leased commercial suites
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Salisbury Commercial Portfolio: Income Potential
Updated: May 14
Salisbury Commercial Portfolio: Income Potential

909 S Main Street #102, Salisbury, NC 28144

$979,000
20,000 sqft · 1.74 AC lot
Below tax value: Listed at $979,000, significantly below the combined tax value of $1.3M+.
Income‑producing property: Includes three income‑producing buildings and a fully leased storage building, generating approximately $7,500/month.
High‑potential conversion opportunity: Kent Executive Center offers over 20,000 sq ft of open office space on the second floor, primed for conversion to residential apartments.
Favorable zoning: NMX zoning and zero lot‑line setbacks simplify conversion and expansion.
Prime location: Located within half a mile of downtown Salisbury with excellent access to I‑85 and Hwy 29.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Salisbury, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Winston-Salem Multifamily Investment Opportunity
Winston-Salem Multifamily Investment Opportunity

110 Hedgecock Avenue, Winston-salem, NC 27104

$1,750,000

10-unit apartment building in a sought-after Winston-Salem location.

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Multifamily Investment Property in Charlotte
Multifamily Investment Property in Charlotte

2607 Cedarhurst Dr, Charlotte, NC 28269

$2,750,000
13,456 sqft

16-unit multifamily property with strong cash flow near Uptown.

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Dynamic Urban Redevelopment Opportunity
Dynamic Urban Redevelopment Opportunity

Camp North End, Charlotte, NC 28206

Contact for pricing

76-acre mixed-use development with office, retail, and multifamily spaces.

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Development Opportunity Near Hanes Mall
Development Opportunity Near Hanes Mall

2010 Burke Mill Rd, Winston-salem, NC 27103

$295,000
10.80 AC lot

10.8-acre site near retail corridor and medical park.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Off-Market Properties in Salisbury, NC

Consider similar Off-Market properties in Salisbury, NC. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

121 Council St
APARTMENT HOUSE (UNDER 5 UNITS)

121 Council St, Salisbury, NC 28144-4377

$800,000
Estimated value
13,416 sqft · 0.13 AC lot
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Salisbury, NC Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Salisbury, NC on our real estate platform. These investment opportunities span a total of 40,000 square feet of properties for sale, with an estimated market value of $1,958,000.

Sale prices for two-family homes in Salisbury, NC start at $979,000, averaging $979,000, and reaching up to $979,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 84K
Population Growth (5Y) +8.3%
Median Household Income $59,820
College Educated 23.8%

High-Yield Neighborhoods for Investment

Identify Salisbury submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28144 $979K

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $19.68 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Salisbury fall within the 100,000+ square foot range.

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