909 S Main Street #102 Salisbury, NC 28144

Building Details

Year Built

1920

Listing office CENTURY 21 TOWNE AND COUNTRY Show Phone

Listing date May 14, 2026

Source Corcoran

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Investment Insights

Based on property information with market context.

This commercial portfolio consists of four parcels totaling 1.74 acres. It features three income-producing buildings, a large parking lot with space for 80 to 100 vehicles, and a fully leased four-unit storage building. The Kent Executive Center, the flagship building, includes four street-front retail units, a formal lobby entrance, and over 10 private offices, seven of which are currently leased. The second floor offers over 20,000 square feet of open office space suitable for conversion to residential apartments. The property has NMX zoning and zero lot-line setbacks. Two additional income-producing buildings include a dedicated salon suite building hosting three hairstylists on a per-chair rental basis and a third building containing two fully leased commercial suites. The combined monthly rental income across all buildings and the storage units is approximately $7,500. A road adjacent to the property may be purchasable from the City of Salisbury, potentially unlocking additional parking to support residential or retail expansion. The property is located within half a mile of downtown and has access to I-85 and Hwy 29.

Key Highlights

• Below tax value: Listed at $979,000, significantly below the combined tax value of $1.3M+.
• Income‑producing property: Includes three income‑producing buildings and a fully leased storage building, generating approximately $7,500/month.
• High‑potential conversion opportunity: Kent Executive Center offers over 20,000 sq ft of open office space on the second floor, primed for conversion to residential apartments.

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FAQs

What type of property is this?

Mixed-use property - Four-parcel commercial portfolio with income-producing buildings and development potential.

Where is this mixed-use property located?

The property is located at 909 S Main Street #102 Salisbury, NC.

What is the asking price?

The asking price for this property is $979,000.

What are key features of this property?

This property features: Below tax value: Listed at $979,000, significantly below the combined tax value of $1.3M+.; Income‑producing property: Includes three income‑producing buildings and a fully leased storage building, generating approximately $7,500/month.; High‑potential conversion opportunity: Kent Executive Center offers over 20,000 sq ft of open office space on the second floor, primed for conversion to residential apartments.