115 W Innes St Salisbury, NC 28144
Historic building near Bell Tower Park, suitable for retail/residential development.
Property Features for 115 W Innes St
General Information
- Standard status
- Active
Source:
Exprealty
Listing Agency: Yates Realty Inc Listing Agent: Richard Yates
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Building in Downtown Salisbury
This historic building, located in downtown Salisbury, presents an opportunity for development. Situated near the Bell Tower Park, a location that expects over 100 events per year, and the town square, the property is positioned for retail and entertainment ventures. The 12,920 square foot building offers the potential to develop the second floor into four luxury apartments, complete with common storage areas and workspaces. Both the first and second floors retain historic features, including solid wood beams and columns, large windows, exposed brick, and hardwood floors. Located on West Innes Street, the property benefits from high visibility. The building is located in an opportunity zone and qualifies for North Carolina state and federal tax credits for historic renovations. The city provides incentives and grants for improvements to historic buildings located downtown. The town of Salisbury plans special events throughout the year.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Tita's Cake House
Coffee Shop
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.4705327
- Latitude
- 35.6676837
Nearby Similar for Sale
FAQs
What type of property is this?
Specialty property - Historic building near Bell Tower Park, suitable for retail/residential development.
Where is this specialty property located?
The property is located at 115 W Innes St 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: - Prime downtown location adjacent to the $12 Million Bell Tower Park (100+ events/year) and town square, ideal for retail and entertainment.; - Opportunity zone property eligible for NC state and federal tax credits for historic renovations.; - Potential to develop the 2nd floor into 4 luxury apartments with common areas.