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    1303 S Salisbury Ave Spencer, NC 28159

    Under Contract
    For Sale
    $450,000

    SINGLE_FAMILY - Spencer, NC

    Type:Office
    Lot size:
    0.66 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 1303 S Salisbury Ave

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active Under Contract
    Window features
    Skylight(s), Display Window(s)
    Zoning
    HB
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
    Bathrooms
    4
    APN
    030140
    Parking
    34
    Parking features
    Parking Lot
    Fencing
    Chain Link
    Appliances
    Electric Water Heater
    Lot size
    0.66 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1966
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Wood, Vinyl, Linoleum, Concrete
    Roof type
    Metal, Fiberglass

    Century 21 Towne & Country (704) 637-7721 [email protected]

    Listing agent Robin Safrit (704) 202-6542

    Listing date Oct 9, 2025

    MLS# 4215808 Listing URL

    Copyright © 2025 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Business Zoned Property

    This property, zoned for Highway Business, presents multiple opportunities for a future business owner or as an investment. It is centrally located between Charlotte and Winston Salem, offering easy access to I-85 and featuring road frontage visibility. The 0.66-acre lot has previously accommodated various businesses, including an auto parts store, auto service, boat service and sales, a pawn shop, and an antique/consignment booth retail space. Most recently, it served as a Meals on Wheels distribution/pick-up facility. The current tenants at 1301 and 1303 S Salisbury Avenue are on month-to-month, 5-year leases and are open to staying, understanding they may need to vacate with 60 days' notice upon the building's sale if the new owners do not wish to extend their agreements. The property is located in Spencer, North Carolina.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Twisted MX LLC Car Repair And Maintenance Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    U-Haul Neighborhood Dealer

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.443728
    Latitude
    35.682384

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    FAQs

    What type of property is this?
    Automotive property - Highway business zoned property with road frontage visibility and multiple opportunities.
    Where is this automotive property located?
    The property is located at 1303 S Salisbury Ave Spencer, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Zoned Hwy Business, offering multiple opportunities.; - Centrally Located with easy access to I-85 between Charlotte & Winston Salem.; - Road Frontage Visibility provides high visibility.
    (704) 202-6542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1303 S Salisbury Ave Spencer, NC 28159
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