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122 E Innes St
Salisbury, NC 28144
Retail Property For Sale
Investment Highlights
- Two-car garage
- Prime location surrounded by restaurants, retail, offices, and cultural destinations
- Strong structural character
Executive Summary
122 E. Innes St. presents a rare opportunity to own a distinctive, mixed-use property in the heart of downtown Salisbury. Offering approximately 10,000 square feet, this versatile building is ideal for commercial, residential, or live/work use.
The property features multiple levels, including an upper-level loft, expansive open spaces, and a freight elevator, allowing for a wide range of configurations. The layout has already been approved to be divided into up to three separate spaces, providing excellent flexibility for investors, owner-users, or developers.
Additional highlights include a two-car garage, strong structural character, and a prime location surrounded by restaurants, retail, offices, and cultural destinations. An HOA is in place with no HOA dues, adding to the appeal.
Perfect for creative office, retail, studio space, residential conversion, or mixed-use redevelopment, this is a truly unique offering in one of Salisbury’s most desirable downtown locations.
The property features multiple levels, including an upper-level loft, expansive open spaces, and a freight elevator, allowing for a wide range of configurations. The layout has already been approved to be divided into up to three separate spaces, providing excellent flexibility for investors, owner-users, or developers.
Additional highlights include a two-car garage, strong structural character, and a prime location surrounded by restaurants, retail, offices, and cultural destinations. An HOA is in place with no HOA dues, adding to the appeal.
Perfect for creative office, retail, studio space, residential conversion, or mixed-use redevelopment, this is a truly unique offering in one of Salisbury’s most desirable downtown locations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,000 SF
Building Class
B
Year Built
1924
Price
$1,200,000
Price Per SF
$120
Percent Leased
100%
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
1.77
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
DMX - Downtown Mixed-Use
Parking
2 Spaces (0.2 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 010-5555 | Improvements Assessment | $492,942 |
| Land Assessment | $38,288 | Total Assessment | $531,230 |
Property Taxes
Parcel Number
010-5555
Land Assessment
$38,288
Improvements Assessment
$492,942
Total Assessment
$531,230
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