531 E Innes St | Salisbury, NC 28144
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531 E Innes St
Salisbury, NC 28144
REPOSITIONING OPPORTUNITY | +34,500 AADT · Office Property For Sale
Investment Highlights
- 3,623 SF Former Professional O?ce Ideal Investment for Investors or Owner/Operators
- Ability to Reposition with Strong Cash Flow as Average Annual Market Rents are $15.00 / SF NNN
- Less than 1-Mile From I-85, Connecting the Region Directly to Charlotte (South) and Greensboro (North)
- Priced Below Replacement Cost at $172.51 PSF
- The Historic Home Features 10 Bedrooms, 3 Bathrooms, 4 Half-Baths, a Newly Added Reception Area, and a Well-Equipped Kitchen and Break Area
- A Combined Total of 34,500 Pass the Site Daily
Property Facts
Property Type
Building Size
3,623 SF
Building Class
C
Year Built
1925
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,989 SF
Slab To Slab
11’
Building FAR
0.28
Lot Size
0.30 AC
Zoning
CMX - Mixed use.
Parking
12 Spaces (3.31 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Reception
- Hardwood Floors
Property Taxes
| Parcel Number | 019-109 | Improvements Assessment | $102,398 |
| Land Assessment | $211,019 | Total Assessment | $313,417 |
Property Taxes
Parcel Number
019-109
Land Assessment
$211,019
Improvements Assessment
$102,398
Total Assessment
$313,417
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