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618 N Salisbury Ave 1,330 SF 100% Leased Office Building Spencer, NC 28159 $140,000 ($105.26/SF)
Investment Highlights
- Good Visibility
- Low maintenance
- Good Traffic
Executive Summary
Investment Opportunity in this multi-unit commercial building. Suite A is 592 square feet and is currently leased to a Salon. Suite B is 738 square feet and currently vacant giving a new owner the opportunity to fully lease up to maximize their return. New 60 mil TPO roof was put on in February of 2022. The suites do have a connecting door allowing for a single user as well.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,330 SF
Building Class
C
Year Built
1929
Price
$140,000
Price Per SF
$105.26
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,330 SF
Building FAR
0.33
Lot Size
0.09 AC
Zoning
HB - Commercial
Parking
8 Spaces (6.02 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Air Conditioning
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Property Taxes
| Parcel Number | 036-020 | Improvements Assessment | $82,861 |
| Land Assessment | $19,881 | Total Assessment | $102,742 |
Property Taxes
Parcel Number
036-020
Land Assessment
$19,881
Improvements Assessment
$82,861
Total Assessment
$102,742
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618 N Salisbury Ave
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