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Downtown Mixed-Use Commercial Building
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111 S MAIN ST, Salisbury, NC 28144

Multi-floor commercial building with elevator-served space in Downtown Salisbury, suited for multiple retail or office concepts.

Property Size42,603 SF
Price / SF$35.21
Days on Market61

Property Features for 111 S MAIN ST

General Information

Standard status Active
Size 42,603 SF
Class C
Property subtype Retail, Mixed Use
Zoning DMX
Investment Type Owner/User

Building Details

Year Built 1956
Buildings 1
Stories 2
Units 1
Listing Agency: Century 21 Triangle Group - Flanagan CRE Team
Listed By: Pat Flanagan · License #295126
Source: Crexi
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 8 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Triangle Group - Flanagan CRE Team

Investment Insights

Based on property information with market context.

This mixed-use commercial building offers multiple floors served by elevators, with expansive open areas and a flexible layout. The configuration is designed to support a range of potential uses, including office, retail, or mixed-use development. The property’s versatility also makes it a candidate for hospitality, residential conversion, event space, or creative redevelopment, depending on how the space is reconfigured.

Located at 111 S Main St in Downtown Salisbury, the building benefits from a prominent central setting intended to support visibility and walkability. The surrounding environment is described as near restaurants and shops, reinforcing the practical retail and street-facing nature of the downtown context. The property’s layout across multiple levels also supports businesses that need more than one floor of operating space.

For tenants, buyers, or operators, the key advantage is adaptability: teams that want to blend retail and office functions, or reposition the building for a different concept, can do so within the existing multi-floor, elevator-served framework. The open-space character across floors can help streamline interior planning for compatible uses, subject to permitting and buildout requirements for the selected concept.

Key Highlights

  • Commercial mixed‑use building built in 1956
  • Approximately 42,000+ SF commercial building in Downtown Salisbury, NC
  • Multiple floors with elevator service

Property Analytics

Current Use

Recipe Restaurant GALLERY Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,464
Businesses Nearby

Demographics for 28144, NC

26,254
Population
12,655
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
30.1 sq mi
ZIP Area
872
Density / Sq Mi
$51,432
Median Household Income
$29,787
Median Earnings
$982
Median Rent
$205,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-floor commercial building with elevator-served space in Downtown Salisbury, suited for multiple retail or office concepts.
Where is this retail space located?
The property is located at 111 S MAIN ST Salisbury, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial mixed‑use building built in 1956; Approximately 42,000+ SF commercial building in Downtown Salisbury, NC; Multiple floors with elevator service
(919) 302-3298 Call to check price and availability
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