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Two-Unit Brick Storefront Property
For Sale
$120,000

618 N Salisbury Avenue, Spencer, NC 28159

Commercial Sale, Spencer, NC

Property Size1,530 SF
Lot Size0.09 Acres
Price / SF$78.43
Days on Market48

Property Features for 618 N Salisbury Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning HB
Standard status Active
APN 036 020
Size 1,530 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Gulf Refining Company .18Ac
Tax Annual Amount 1244
Legal Description Gulf Refining Company .18Ac

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1929
Floors in Building 1
Building materials Brick
Roof type Flat
Listing Agency: Homecoin.com
Listed By: Tracy Dowling · License #230926
Added: Jul 10 Changed: Aug 19 Last Checked: Aug 26 at 3:06AM
MLS# 10179456

Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit storefront property contains 1,530 square feet on a 0.09-acre parcel at 618 N Salisbury Avenue in Spencer, North Carolina. Built in 1929, the brick building has a flat roof and a commercial layout suited to separate occupancy or a shared retail operation. Central heating and central air conditioning serve the property, while the TPO roof was installed in 2022.

The property is located in Rowan County within the 28159 postal area. HB zoning supports its commercial positioning, and the two-unit configuration provides a defined storefront format for retail-oriented users. Its established brick construction and central building systems add practical context for evaluating the asset.

Key Highlights

  • Two‑unit storefront building with 1,530 square feet
  • 0.09‑acre parcel at 618 N Salisbury Avenue
  • HB zoning in Spencer, NC

Property Analytics

Current Use

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

Suggested Use

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

Multi-tenant
Tenancy

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Two-unit retail configuration with updated roofing, central HVAC, and HB zoning in Spencer.
Where is this storefront property located?
The property is located at 618 N Salisbury Avenue 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 storefront building with 1,530 square feet; 0.09‑acre parcel at 618 N Salisbury Avenue; HB zoning in Spencer, NC
More about this property
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