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Flex Office-Warehouse Facility
For Sale
$92,455

1401 S Salisbury Avenue, Spencer, NC 28159

Recently improved flex facility with office space, basement warehouse/storage, and loading dock access on a highly visible corridor.

Property Size12,000 SF
Price / SF$7.70
Days on Market68

Property Features for 1401 S Salisbury Avenue

General Information

Standard status Active
Size 12,000 SF
Property subtype Commercial

Site & Location

Road Access Yes
Utilities to Site Yes

Warehouse & Industrial

Dock-High Doors 1
Heavy Power Yes

Building Details

Year Built 1953
Stories 2
Listing Agency: The Swicegood Group Inc
Listed By: Kyle Swicegood · License #195929
Source: Techrealtyllc
Added: Jun 18 Changed: Aug 23 Last Checked: Aug 22 at 9:56AM

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 The Swicegood Group Inc

Investment Insights

Based on property information with market context.

This flex office-warehouse facility offers approximately 7,200± square feet on the main level and an additional 4,800± square foot basement, for nearly 12,000 square feet of combined usable space. The main level includes expansive open areas, office and meeting spaces, a break room, four restrooms, and flexible floor plans designed to support a variety of operating needs. The basement provides substantial warehouse and storage capacity with concrete floors, mezzanine storage, and loading dock access.

Recent exterior improvements include a new front metal roof and a flat roof replacement completed within the last year. The building is served by city water and sewer, natural gas heat, central air conditioning, and three-phase power. It sits on a highly visible corridor with excellent road frontage and includes an additional lot that may allow for expansion, additional parking, outdoor storage, or future development.

On-site configuration supports both customer-facing and back-of-house functions, combining office/meeting space with dock-access warehouse and storage areas.

Key Highlights

  • Approx. 7,200± SF main level plus approx. 4,800± SF basement for nearly 12,000 SF total usable space.
  • Basement includes warehouse/storage capacity with loading dock access, concrete floors, and mezzanine storage.
  • Main level features expansive open areas plus office/meeting space, break room, and four restrooms with flexible floor plans.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Parts Store Building Supply Big Box & Wholesale Store

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

Lease Details

1
Dock-high doors
Yes
Heavy power
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28159, NC

3,067
Population
1,458
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
1,394
Density / Sq Mi
$63,396
Median Household Income
$43,302
Median Earnings
$1,042
Median Rent
$160,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Royal Touch Catering & Events 802 Salisbury Ave, Spencer, NC 28159

Frequently Asked Questions

What type of property is this?
Flex space - Recently improved flex facility with office space, basement warehouse/storage, and loading dock access on a highly visible corridor.
Where is this flex space located?
The property is located at 1401 S Salisbury Avenue Spencer, NC.
What is the asking price?
The asking price for this property is $92,455.
What are key features of this property?
This property features: Approx. 7,200± SF main level plus approx. 4,800± SF basement for nearly 12,000 SF total usable space.; Basement includes warehouse/storage capacity with loading dock access, concrete floors, and mezzanine storage.; Main level features expansive open areas plus office/meeting space, break room, and four restrooms with flexible floor plans.
More about this property
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