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    115 Jackson St Salisbury, NC 28144

    Sponsored
    For Lease
    Contact for pricing

    Prime location, 6100 sq ft, redevelopment opportunity.

    Lot size:
    6,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6,100 square foot commercial space, formerly the Wrenn House Restaurant, presents a unique investment opportunity in the heart of Salisbury, North Carolina. Located at 115 S. Jackson St, 28144, this single-tenant property is undergoing redevelopment as part of the highly anticipated Bell Tower Green Park project. The property boasts a prime location within a busy section of Salisbury, surrounded by beautifully maintained gardens, a water wall, pavilion, creative play space, stage structure, and the historic Bell Tower. This vibrant setting offers unparalleled visibility and accessibility, creating an ideal environment for a variety of restaurant concepts. The entire 6,100 square feet is currently vacant, providing a blank canvas for a new tenant to design and build their ideal space. Situated in Rowan County, this property benefits from the revitalization efforts in downtown Salisbury and the increased foot traffic generated by the new park. The property's size and location make it an attractive option for a restaurant seeking a prominent presence in a thriving community. This is a rare chance to establish a business in a beautifully landscaped and highly visible location within a revitalized downtown area. The property is ready for immediate occupancy.

    Property Features for 115 Jackson St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,100 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,100 SF

    HighLights

    • 6,100 SF vacant commercial space, formerly Wrenn House Restaurant, at 115 S. Jackson St, Salisbury, NC 28144.
    • Part of the Bell Tower Green Park redevelopment project in a high‑traffic area of Salisbury.
    • Prime location with high visibility, surrounded by park amenities including gardens, water feature, and pavilion.
    • Ready for immediate occupancy.
    • Ideal for a restaurant concept.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bell Tower Historical Landmark

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salisbury
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.472097
    Latitude
    35.6688537

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    FAQs

    What type of property is this?
    Restaurant - Prime location, 6100 sq ft, redevelopment opportunity.
    Where is this restaurant located?
    The property is located at 115 Jackson St Salisbury, NC.
    What are key features of this property?
    This property features: 6,100 SF vacant commercial space, formerly Wrenn House Restaurant, at 115 S. Jackson St, Salisbury, NC 28144.; Part of the Bell Tower Green Park redevelopment project in a high-traffic area of Salisbury.; Prime location with high visibility, surrounded by park amenities including gardens, water feature, and pavilion.
    Request Owner's contact information
    115 Jackson St Salisbury, NC 28144
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    Salisbury, NC 28144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Jackson St Salisbury, NC 28144
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