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123 N Arlington St
Salisbury, NC 28144
O'Charley's · Retail Property For Sale

Investment Highlights

  • Prime location at I-85 Exit 76 in Salisbury’s retail hub
  • Monument and interstate signage for maximum visibility
  • High traffic counts: 34,500 VPD on E Innes Street; 81,500 VPD on I-85
  • Fully equipped, move-in-ready former O’Charley’s restaurant
  • Adjacent to Chick-fil-A and Outback Steakhouse

Executive Summary

Positioned at the heart of Salisbury’s dominant retail corridor, this fully equipped restaurant property offers an exceptional investment opportunity. Located just 150 yards from I-85 Exit 76, the site benefits from unparalleled visibility and accessibility, drawing traffic from both interstate travelers and local patrons. The property sits adjacent to major national brands including Chick-fil-A and Outback Steakhouse, reinforcing its prime location within a thriving retail node.
The building spans 7,466 square feet and includes 110 dedicated parking spaces, ensuring convenience for high-volume operations. Monument signage on E Innes Street and a dedicated interstate pole sign maximize exposure to over 34,500 vehicles per day on E Innes Street and 81,500 vehicles per day on I-85. This strategic positioning makes the asset ideal for an owner-user or investor seeking a turnkey solution in a high-demand market.
Salisbury’s growing population and strong household income demographics—averaging over $85,000 within a three-mile radius—further enhance the property’s long-term value. With its proximity to Charlotte and Winston-Salem, the location serves as a regional draw for retail and dining. Offered at $1,699,000, this property combines prime real estate fundamentals with immediate operational potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,466 SF
Building Class
B
Year Built
2004
Price
$1,699,000
Price Per SF
$227.56
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
2.14 AC
Opportunity Zone
Yes
Zoning
CMX - Corridor Mixed-Use
Parking
114 Spaces (15.27 Spaces per 1,000 SF Leased)
Frontage
231’ on North Arlington Street

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Monument Signage

Property Taxes

Property Taxes

Parcel Number
059-130
Land Assessment
$932,180
Improvements Assessment
$1,408,865
Total Assessment
$2,341,045
  • Listing ID: 39049735

  • Date on Market: 1/12/2026

  • Last Updated:

  • Address: 123 N Arlington St, Salisbury, NC 28144

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