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Two-Unit Retail Storefront
For Sale
$120,000

618 N Salisbury Ave, Spencer, NC 28159

Two-unit retail building with great visibility and a new TPO roof installed in 2022.

Property Size1,530 SF
Price / SF$78.43
Days on Market72

Property Features for 618 N Salisbury Ave

General Information

Standard status Active
Size 1,530 SF

Building Details

Year Built 1929
Listing Agency: Homecoin.com
Listed By: Tracy Dowling · License #230926
Source: Tcrnc
Added: Jul 17 Changed: Sep 10 Last Checked: Sep 24 at 2:00PM

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 Homecoin.com

Investment Insights

Based on property information with market context.

This two-unit retail storefront building is offered for sale with great visibility. The property includes a new TPO roof installed in 2022.

The building is located at 618 N Salisbury Ave in Spencer, NC.

As a two-unit configuration, the space offers a practical setup for retail occupancy across both units.

Key Highlights

  • Two‑unit retail building
  • New TPO roof installed in 2022
  • Great visibility

Property Analytics

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Current Use

Professional Services Unlimited Home Inspector BTD Hair Studio ... Hair Salon

Suggested Use

Top Pick Dental Office Building Supply Pharmacy Auto Repair Shop Auto Parts Store 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.

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
36k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 42% Dining 39% Shops & Services 19%
Food Lion Grocery Store Groceries
15,202 visits/mo 0.4 miles
Bojangles' Famous Chicken 'n Biscuits Dining
12,274 visits/mo 0.4 miles
Dollar General Shops & Services
6,000 visits/mo 0.4 miles
SUBWAY Dining
1,675 visits/mo 0.5 miles
Jackson Hewitt Tax Service Shops & Services
717 visits/mo 0.5 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Two-unit retail building with great visibility and a new TPO roof installed in 2022.
Where is this storefront property located?
The property is located at 618 N Salisbury Ave Spencer, NC.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Two‑unit retail building; New TPO roof installed in 2022; Great visibility
More about this property
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