Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    119 Lee St Salisbury, NC 28144

    Sponsored
    For Sale
    $229,900

    Historic Downtown Salisbury Live/Work Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 5-room live/work condo is located in the heart of historic downtown Salisbury, NC's Fire House Urban Lofts. Priced at $229,900, this unique property offers unparalleled convenience and adaptability. Situated within easy walking distance of a diverse array of restaurants (including Cuban, Thai, Brazilian, Italian, and American cuisine), numerous shops, two theaters, and a brewery, this location is second to none. The property also enjoys proximity to the public library and the beautiful Bell Tower Green Park, just two blocks away. The condo itself features a large, private, brick patio accessible from a back door, complete with an ADA ramp. Inside, you'll find five versatile rooms, perfect for a variety of uses. An ADA-compliant half bath and a second full bath with a step-in shower are included. The largest room boasts two walls of windows and built-in shelving, ideal for use as a living room or conference room. A current breakroom could easily be converted into a compact kitchen with the addition of appropriately sized appliances. A floor plan sketch is available to assist in visualizing the space's potential for customization. This property is truly a unique opportunity and a must-see for those seeking a blend of urban living and professional workspace in a vibrant downtown setting. The lot size is 0 acres.

    Property Features for 119 Lee St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.46976
    Latitude
    35.66557

    Nearby Similar for Sale

    • $278,777
      0.37 Acres

      Functional Office Space in Salisbury

      Well-appointed office with furnishings and ample parking.
      400 Statesville Blvd, Salisbury, NC 28144
      View Details
    • $462,400

      Updated Office Suite For Sale

      Updated office suite in prime location, ready for your business.
      1035 Lincolnton Rd Unit, Salisbury, NC 28144
      View Details
    • $3,200,000

      Waterfront Restaurant and Event Venue

      Commercial tract with restaurant, event venue, and rental property.
      257 Boat Club Ln, Salisbury, NC 28146
      View Details
    • $2,900,000
      3.66 Acres

      Warehouse with Rail Siding Potential

      Warehouse in growing region with possible rail siding and grants.
      1007 Lexington Ave, Salisbury, NC 28144
      View Details
    • $1,950,000
      0.62 Acres

      Renovated Office Building For Sale

      Fully renovated, income-producing office building near I-85 and Downtown Salisbury.
      1121 Old Concord Rd, Salisbury, NC 28146
      View Details
    • New
      $450,000
      0.29 Acres

      Historic Downtown Salisbury Commercial Building

      Versatile commercial building in historic downtown Salisbury with ample parking.
      309 N Main St, Salisbury, NC 28144
      View Details
    • New
      $275,000
      0.33 Acres

      Commercial Office Space Ready

      Move-in ready office space in prime location, Salisbury, NC.
      636 Statesville Blvd, Salisbury, NC 28144
      View Details
    • $399,900
      2.75 Acres

      Salisbury Heavy Industrial Building For Sale

      8,090 sq ft industrial building on 2.75 acres.
      1300 Van Nuys St, Salisbury, NC 28145
      View Details
    • New
      $250,000
      0.28 Acres

      Duplex in Salisbury, North Carolina

      Duplex with tenants, immediate income, and upside potential.
      927 Richard St, Salisbury, NC 28144
      View Details
    • $700,000
      1.06 Acres

      Established Business with Expansion Potential

      Turnkey boat repair business with additional buildings and residential home.
      6415 Bringle Ferry Rd, Salisbury, NC 28146
      View Details
    • $181,500
      0.16 Acres

      Prime Office Location, Salisbury, NC

      Office space with high visibility on a major highway.
      228 Statesville Blvd, Salisbury, NC 28144
      View Details
    • $118,000
      0.38 Acres

      Salisbury, NC Commercial Opportunity

      Prime location near hospital, ideal for medical office or services.
      1045 Highland Ave, Salisbury, NC 28144
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Historic Downtown Salisbury Live/Work Space
    Where is this commercial real estate located?
    The property is located at 119 Lee St Salisbury, NC.
    What is the asking price?
    The asking price for this property is $229,900.
    (704) 633-5334
    Request Owner's contact information
    119 Lee St Salisbury, NC 28144
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    119 Lee St
    Salisbury, NC 28144
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    119 Lee St Salisbury, NC 28144
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.