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Historic Mixed-Use Building
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131 E Innes St, Salisbury, NC 28144

Fully renovated historic mixed-use building with retail and office tenants, separate level metering, and elevator service.

Property Size20,000 SF
Price / SF$75
Days on Market196

Property Features for 131 E Innes St

General Information

Standard status Active
Size 20,000 SF
Class B
Property subtype Office, Retail
Zoning DMX

Building Details

Year Built 1925
Buildings 1
Stories 4
Units 18
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Realty
Listed By: Azeem Hassan · License #318643
Source: Crexi
Added: Feb 24 Changed: Sep 5 Last Checked: Sep 8 at 6:24AM

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 Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

The Hardiman Building is a fully renovated historic mixed-use property that combines restored architectural character with modern tenant functionality. The building has undergone extensive renovations totaling approximately $2 million in capital improvements, completed with approval from the Historic Salisbury Foundation. Spanning three levels including a basement, the property offers a diversified mix of retail and office tenants. Each level is separately metered, and the building includes an elevator servicing multiple floors.

Located on a prominent corner of East Innes Street in Downtown Salisbury’s retail corridor, the building benefits from strong visibility within the city’s primary commercial and pedestrian thoroughfare. The first floor is anchored by a restaurant tenant that has operated at the location for over 10 years, supporting an established street-level presence.

Key Highlights

  • Hardiman Building built in 1925; fully renovated historic mixed‑use investment property
  • Approximately $2 million in capital improvements completed with Historic Salisbury Foundation approval
  • About 20,000 SF, 3 levels plus basement, with a diversified mix of retail and office tenants

Property Analytics

Current Use

SP Digital Advertising Agency Rowan County United ... Charitable Organization Thrivent Financial-Lutherans Financial Advisor Salisbury Post Publishing House Salisbury the magazine Publishing House

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

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?
Mixed-use property - Fully renovated historic mixed-use building with retail and office tenants, separate level metering, and elevator service.
Where is this mixed-use property located?
The property is located at 131 E Innes 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: Hardiman Building built in 1925; fully renovated historic mixed‑use investment property; Approximately $2 million in capital improvements completed with Historic Salisbury Foundation approval; About 20,000 SF, 3 levels plus basement, with a diversified mix of retail and office tenants
More about this property
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