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120 E Innes St
Salisbury, NC 28144
Artist Loft B&B · Flex Property For Sale

Investment Highlights

  • Open plan with exposed brick walls
  • Convenient 2 blocks walk to Amtrak Train Depot and the gorgeous city park Bell Tower Green
  • Tucked behind a city parking lot away from busy streets makes this an unusually quiet downtown dwelling
  • Easy walking distance to all downtown attractions including shops, restaurants, breweries, museums and city/county offices
  • Just one mile from I-85, within an hour drive to either Charlotte or Greensboro airport

Executive Summary

DOWNTOWN ARTIST LOFT FOR SALE AS IS, TURNKEY - BIZ OPPORTUNITY READY TO LIVE IN, WORK IN OR RUN A BED & BREAKFAST -Fully furnished and decorated with art. 4 beds ready with sheets, quilts and pillows. Bathrooms with towels and amenities. Library stocked with books. -It is BnB ready, if you would like to host guests. Owners occupying the loft are 5 star Airbnb hosts since 2018. -Space large enough to accommodate events, parties, art classes, retreats, even a dance floor. -Owners, who are artists, repurposed this bread factory in 2005 into an artist’s dream home and art studio working in gourd art, painting, sculpture, kiln-formed glass and textile art. -This is an artist inspired spacious studio loft, 2 full bath condo. Total 5500 sqft. -The livable space is a 2nd floor 4000 sqft exquisitely decorated, flexible open-floor loft space with natural light infused painting/sculpture studio. -Attached to this condo is a 2nd floor 1000 sqft unfinished room used as storage with potential for a future remodel into an apartment, office, show room or teaching space. -Also attached to this condo is a ground floor 500 sqft garage wired with 208V outlets that doubles as art studio/gallery and sometimes a wood shop. -Zoned DMX (Downtown Mixed Use) -Access to freight elevator through shared common space. -Condo-owned private back alley for outdoor events, neighborhood block party or urban micro gardening. -Potential for rooftop garden on existing rooftop deck. -Situated in middle of thriving Historic Downtown Salisbury NC, a community active in historic preservation. -A part of an historic building previously the Flowers Bakery Building. After renovation the loft was on the 2008 Annual Salisbury OctoberTour of Historic Homes. -Can qualify for more historic renovation tax credits. -Located within an Opportunity Zone where new investments may be eligible for preferential tax treatment.

Property Facts

Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Storefront Retail/Residential
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.11 AC
Rentable Building Area 5,500 SF
No. Stories 2
Year Built/Renovated 1924/2005
Tenancy Single
Parking Ratio 0.55/1,000 SF
No. Dock-High Doors/Loading 1
APN / Parcel ID 010-5554
Zoning Downtown Mix Use (DMX) - DMX Downtown Mixed Use.

Amenities

  • 24 Hour Access
  • Mezzanine
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet
  • Smoke Detector
  • Listing ID: 34848854

  • Date on Market: 2/16/2025

  • Last Updated:

  • Address: 120 E Innes St, Salisbury, NC 28144

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