Historic Downtown Retail
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 Size1,900 SF
Price / SF$56.11
Days on Market48
Property Features for 115 W Innes Street
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Retail
Additional Details
Opportunity Zone
Yes
Amenities
Level
Public Sewer
Additional parcels description:, Parcel Number: 0102544, Assessed Value: $207,328
Wood, Other - See Remarks
Central Air
Central
Listing ID: CAR4420025, Standard Status: Active, MLS Status: Active, Property Subtype: Retail, 11 days on market, Special Conditions: None
Built in 1900, Construction Materials: Brick Full
County/Parish: Rowan
Water Source: City
Crawl Space
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,900 SF
Year Built
1900
Buildings
1
Listing Agency:
Yates Realty Inc
Listed By:
Richard Yates
(704) 232-7238
Source:
Blackstreaminternational
Added: Aug 31
Changed: Oct 16
Last Checked: Oct 16 at 9:08AM
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
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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.
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
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Current Use
Location Intelligence
Trade Area within ½ mile
1,477
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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
