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    912 Salisbury Ave Spencer, NC 28159

    For Sale
    $99,900

    Former Fish Market, Great Location, Priced to Sell

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, situated at 912 S Salisbury Avenue in Spencer, North Carolina, presents a unique investment opportunity. The 0.11-acre lot houses a building previously operated as a fish market, offering significant potential for a variety of commercial ventures. Its prime location directly on Salisbury Avenue ensures high visibility and accessibility, attracting substantial foot traffic and potential clientele. The property is being offered at an attractive price point of $99,900, making it an exceptionally compelling proposition for savvy investors. A significant advantage is the inclusion of numerous appliances, which may be conveyed with the sale, potentially saving considerable expense and time for the new owner in setting up their business. The building's previous use as a fish market suggests existing infrastructure suitable for food-related businesses, though it's adaptable to a wide range of commercial applications. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial space in a thriving area at a highly competitive price. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The square footage is not currently available, but a site visit will allow for accurate measurements. Don't miss this chance to own a piece of Spencer's commercial landscape.

    Property Features for 912 Salisbury Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1954
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carolina Seafood & Oriental ... Seafood Market

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.43953
    Latitude
    35.68516

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Former Fish Market, Great Location, Priced to Sell
    Where is this commercial real estate located?
    The property is located at 912 Salisbury Ave Spencer, NC.
    What is the asking price?
    The asking price for this property is $99,900.
    (980) 248-1756
    Request Owner's contact information
    912 Salisbury Ave Spencer, NC 28159
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    Spencer, NC 28159
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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
    912 Salisbury Ave Spencer, NC 28159
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