Building Details

Year built 1929

Floors in Building 1

Building materials Brick

Roof type Flat

Listing Agency: Homecoin.com i***@homecoin.com Show Phone

Listed By: Tracy Dowling · License #230926 Show Phone

Added: Jul 10 Changed: Oct 2 Last Checked: Oct 11 at 3:06AM

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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.

Located at 618 N Salisbury Avenue in Spencer, this two-unit storefront property offers 1,530 square feet within a brick building constructed in 1929. The building has a flat roof with TPO roofing installed in 2022, along with central heating and central air conditioning.

The property occupies a 0.09-acre site in Rowan County and carries HB zoning. Its storefront configuration and two-unit layout provide a defined commercial structure for retail-oriented occupancy or ownership, subject to applicable zoning and permitting requirements.

Key Highlights

• Two‑unit storefront building with 1,530 square feet
• HB zoning in Spencer, NC
• TPO roof installed in 2022

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.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

122

Businesses Nearby

36k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

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

What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Two-Story Duplex with Private Entrances

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$449,000

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Renovated Office Building with Basement

1108 S Salisbury Avenue, Spencer, NC 28159

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Frequently Asked Questions

What type of property is this?

Storefront property - HB-zoned commercial building with central heating and air conditioning.

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; HB zoning in Spencer, NC; TPO roof installed in 2022