909 Main St Salisbury, NC 28144-6416
- Office buildings
- 19,851 SF
- 0.64 lot acres
Feb 12, 2024
Current Use by Public Records
- Jestine's Jewels Inc / Jewelry Buyer
- Rowan Driving School / Driving School
- Serenity Healing Haven / Reiki Therapist
- First National Properties LLC / Property Management Company
- First Transportation / Taxi Service
Property Details for 909 Main St
- Year built
- 1920
- Lot size
- 0.64 lot acres
- Property size
- 19,851 SF
- Zone code
- BRT
- Property type
- Office buildings
- APN
- 015 420
- APU
- 15420
Description
This exceptional Salisbury, NC investment opportunity encompasses three buildings totaling 21,879 square feet on a 1.74-acre lot. The property, located at 901-909, 917, and 917 B & C S Main St, features a mix of office and retail space, currently occupied by a single tenant hair salon with additional storage units. Built in 1920 and 1950, the two-story structures boast a desirable NMX zoning, allowing for high-density multi-family development with zero lot line setbacks. While the current zoning restricts parking to two spaces per unit, the significant lot size presents considerable redevelopment potential. The asking price is $1,452,000, or $66.37 per square foot. This portfolio offers a compelling blend of existing income and future development possibilities. Serious inquiries regarding individual or portfolio offers are welcome. The property is situated in Rowan County, NC, zip code 28144. The seller is open to considering reasonable offers for the entire portfolio, although individual offers will also be considered.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.4797
- Latitude
- 35.66
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
