Search
Historic Downtown Retail Building
New
For Sale
$725,000

115 W Innes Street, Salisbury, NC 28144

Two-level commercial space featuring exposed brick, timber framing, large windows, and hardwood flooring.

Property Size2 SF
Price / SF$56.11
Days on Market3

Property Features for 115 W Innes Street

General Information

Standard status Active
Size 2 SF
Property subtype Retail

Additional Details

Opportunity Zone Yes

Amenities

Features: Level, Size: 0.1, Size Units: Acres
Flooring: Wood, Other - See Remarks
Details: Central Air
Heating: Central
Days on Market: 0, Listing Price: 725000, Status: Active
Construction Materials: Brick Full, Stories: 2, Year Built: 1900, Construction Type: Site Built
City: Salisbury, State: NC, Zip: 28144, County: Rowan
Sewer: Public Sewer, Water Source: City
Auction Y/N: 0

Building Details

Building Size 2 SF
Year Built 1900
Buildings 1
Listing Agency: Yates Realty Inc
Listed By: Richard Yates
Source: Blackstreaminternational
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 9:06PM

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 Yates Realty Inc

Investment Insights

Based on property information with market context.

Built in 1900, this 12,920 SF historic storefront property occupies two levels with distinctive architectural details throughout. Interior features include solid wood beams and columns, expansive windows, exposed brick, and hardwood floors. The upper floor presents an opportunity for four apartments with shared storage and work areas, subject to development and approval requirements.

Located at 115 W Innes Street in downtown Salisbury, the building sits near Bell Tower Park and the town square, with exposure along West Innes Street. Bell Tower Park is expected to host more than 100 events annually, while Salisbury schedules additional downtown events throughout the year. The property is within an opportunity zone and qualifies for North Carolina state and federal historic renovation tax credits. City incentives and grants may also be available for downtown historic building improvements.

Key Highlights

  • 12,920 SF historic building constructed in 1900
  • Two‑level layout with solid wood beams, columns, exposed brick, and hardwood floors
  • Upper floor offers potential for four apartments with shared storage and work areas

Property Analytics

Current Use

Tita's Cake House Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Storage Facility Florist

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

1,477
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 46% Home Improvements & Furnishings 1%
Taco Bell Dining
14,626 visits/mo 0.5 miles
Wendy's Dining
14,530 visits/mo 0.4 miles
Speedway Shops & Services
11,548 visits/mo 0.4 miles
Bank of America Shops & Services
6,437 visits/mo 0.3 miles
Family Dollar Shops & Services
6,325 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two-level commercial space featuring exposed brick, timber framing, large windows, and hardwood flooring.
Where is this storefront property located?
The property is located at 115 W Innes Street Salisbury, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 12,920 SF historic building constructed in 1900; Two‑level layout with solid wood beams, columns, exposed brick, and hardwood floors; Upper floor offers potential for four apartments with shared storage and work areas
More about this property
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