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120 N Main St
Salisbury, NC 28144
Washington Building · Multifamily Property For Sale · 13 Units

INVESTMENT HIGHLIGHTS

  • Retail, Office, Multifamily Mix
  • High Demand for 6 Multifamily Units (fully leased)
  • Established NNN Retail Tenants
  • Office (2nd Level) is 50% occupied, giving a buyer opportunity for appreciation

PROPERTY FACTS

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.36 AC
Building Size 18,057 SF
Average Occupancy 83%
No. Stories 3
Year Built/Renovated 1900/2017
Parking Ratio 1.11/1,000 SF
Zoning C - DMX: Downtown Mixed-Use - The Downtown Mixed-Use District is coded for the traditional downtown area.

AMENITIES

SITE AMENITIES

  • Vintage Building
  • Elevator

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 4 $1,300 1,022 - 1,420
2+1 1 $1,200 746 - 832
1+1 1 $1,200 710 - 810
1+2 2 $1,923 1,800 - 2,471

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-2565
Land Assessment
$195,320
Improvements Assessment
$1,730,888
Total Assessment
$1,926,208
  • Listing ID: 25544857

  • Date on Market: 4/25/2022

  • Last Updated:

  • Address: 120 N Main St, Salisbury, NC 28144

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