115 W Innes Street, Salisbury, NC 28144

$725,000

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Listing courtesy of Yates Realty Inc. yatesrealtyinc@gmail.com

List Price
$725,000
MLS#
4420025
Status
ACTIVE
Days on Market
11
Property Type
Commercial Sale
Year Built
1900
Lot Size
4,356
Lot Size Area
0.1
County
Rowan
Special Conditions
None

Property Description

EXCELLENT OPPORTUNITY: This beautiful historic building is in the heart of downtown Salisbury & is located just over from the $12 Million Bell Tower Park (www.belltowergreen.com) & town square. This is a key location for retail & entertainment. It is an excellent opportunity to develop the 2nd-floor level into 4 luxury apartments with common storage areas & workspaces. The 1st-floor & 2nd-floor levels have incredible historic character, including massive solid wood beams, massive wood columns, large windows, exposed brick & hardwood floors. The Bell Tower Park expects 100+ events/year & the town of Salisbury plans special events throughout the year. This 12,920 SF building is in the opportunity zone and qualifies for NC state and federal tax credits for historic renovations! The city offers incentives and grants for improvements of historic buildings located in downtown. Excellent exposure and high visibility on West Innes Street. This property is available for sale, or lease.

Additional Information

Floor Coverings
Wood, Other - See Remarks
Foundation
Crawl Space
Heating
Central
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Driveway
Paved
Lot Description
Level

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Amount of Loan
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Calculator source: Real Geeks

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