620 W Innes St | Salisbury, NC 28144
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620 W Innes St
Salisbury, NC 28144
100% Leased Office to National Tenant · Office Property For Sale
Investment Highlights
- Fully occupied stand-alone office building just a quarter-mile from center-city Salisbury
- Mid-century modern style - pitched/vaulted roofline, exposed rafters, numerous large windows, exterior paneling, & sleek interior/exterior brick
- Situated on .51 acres with 96' of frontage along W. Innes St. 20+ Designated Parking Spaces
- $42,600 Gross Annual Income offered at an 8% Cap Rate with minimal landlord expenses
- Enormous 25' x 33' Meeting Room, (9) Offices, a Breakroom, (2) Restrooms, Storage, Mechanical, Lobby, and Enclosed Glass Entry
- Part of a family-owned multi-property portfolio of income-producing commercial real estate available for purchase in Salisbury
Property Facts
Property Type
Office
Building Size
3,800 SF
Building Class
C
Year Built
1966
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,800 SF
Building FAR
0.17
Lot Size
0.51 AC
Zoning
RMX - RMX offers an array of office and retail uses.
Parking
24 Spaces (6.32 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Reception
- Air Conditioning
Property Taxes
| Parcel Number | 006-185 | Improvements Assessment | $215,602 |
| Land Assessment | $177,184 | Total Assessment | $392,786 |
Property Taxes
Parcel Number
006-185
Land Assessment
$177,184
Improvements Assessment
$215,602
Total Assessment
$392,786
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