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107-117 E Innes St
Salisbury, NC 28144

$1,875,000 USD

Storefront Retail Office For Sale • 11,138 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 11,138 SF
Lot Size 0.14 AC
Building Class C
Year Built 1900
Cap Rate 7.01 %
Tenancy Multiple
Zoning B5:CENTRAL

0 Transit Score

83 Walk Score

                
                    Highlights
                
                                NCDOT average daily traffic count 18,000.
                            
                                1-mile off Exit 76/Interstate-85.
                            
                                Landmark Historic Amtrak Station 3-block proximity
                            
                                $13M Bell Tower Green central-city park 1.5-block proximity
                            
                                Within the Salisbury Downtown Historic District | National Register of Historic Places
                            
                                Desirable location

Property Flyers

117 E Innes_Young_SRE

Financial Summary (Actual)

Net Operating Income: $131,468 USD (2024)

Cap Rate:	7.01 %
Total Expenses:	$24,868 USD

Amenities

Restaurant
Signage
Tenant Controlled HVAC
Air Conditioning
Fiber Optic Internet

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salisbury Station (Piedmont - North Carolina by Train (NC Train))	0 min	2 min	0.2 mi
Airport	Drive	Walk	Distance
Concord-Padgett Regional	38 min	-	28.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Greg Rapp 704-213-6846 Salisbury Real Estate LLC

107-117 E Innes St Salisbury, NC 28144