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Spencer, NC Storefront Properties for Sale

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Salisbury, NC East Spencer, NC Cleveland, NC Gold Hill, NC Kinston, NC Brevard, NC Linwood, NC Granite Quarry, NC
Two-Unit Brick Storefront Property
Updated: Jul 10
Two-Unit Brick Storefront Property

618 N Salisbury Avenue, Spencer, NC 28159

$120,000
1,530 sqft 0.09 AC lot
Two‑unit storefront building with 1,530 square feet
HB zoning in Spencer, NC
TPO roof installed in 2022
Brick construction dating to 1929
Central heating and central air conditioning
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Two-Unit Retail Storefront
Updated: Jul 10
Two-Unit Retail Storefront

618 N Salisbury Ave, Spencer, NC 28159

$120,000
1,530 sqft
Two‑unit retail building
New TPO roof installed in 2022
Great visibility
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Downtown Retail Building
Historic Downtown Retail Building

115 W Innes Street, Salisbury, NC 28144

$725,000
12,920 sqft

Two-level commercial space featuring exposed brick, timber framing, large windows, and hardwood flooring.

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Kent Executive Center Mixed-Use Portfolio
Kent Executive Center Mixed-Use Portfolio

102-909 S Main St, Salisbury, NC 28144

$949,000
1.74 AC lot

Four-parcel commercial holding with retail, office, storage, and substantial on-site parking.

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Corner Storefront Property
Corner Storefront Property

903 W Main Street, Rockwell, NC 28138

$300,000

Existing interior features include a kitchen, two full bathrooms, and flexible commercial space.

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Retail Building with Large Front Window
Retail Building with Large Front Window

112 Depot Street, Rockwell, NC 28138

Contact for pricing

Retail building with freshly painted interior, built-ins, conference room, three bathrooms, and over 75 feet of road frontage.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Cornelius Land For Sale
Cornelius Land For Sale

19623 Oak Street, Cornelius, NC 28031

$750,000
0.70 AC lot

Large flat lot in booming area near downtown Cornelius.

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Spencer, NC Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Spencer, NC on our real estate platform. These investment opportunities span a total of 3,060 square feet of properties for sale, with an estimated market value of $240,000.

Sale prices for retail units in Spencer, NC average $120,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Grocery and convenience stores 2
Automotive properties 1
Showrooms 1

Demographics Overview

Population 3,181
Population Growth (5Y) +9.4%
Median Household Income $63,396
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28159 $120K

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $12.54 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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