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860 Salisbury St 4,755 SF 83% Leased Office Building Kernersville, NC 27284 $1,995,000 ($419.56/SF)
INVESTMENT HIGHLIGHTS
- Excellent location
- Exceptionally Well Maintained and Fully Leased Office Building
- Land is flat and cleared: ready for development
EXECUTIVE SUMMARY
Excellent investment and development opportunity on this 2.0+/- acre site in Kernersville, NC. Office building is fully leased
Building has been exceptionally well maintained, renovated with crown molding and chair rail on all downstairs units.
5 spaces in the office building fully leased.
2 upstairs units have private bathrooms and new LVP flooring.
3 downstairs units:
Unit A: Executive Office with private bath and shower (2 bathrooms total)
Unit B: 1 bath, kitchen and executive meeting room
Unit C: 1 bath with small kitchenette.
Land is flat and cleared. adjacent to newly constructed 4 story multifamily community.
*Inquire if city about rezoning and uses for land.
Building has been exceptionally well maintained, renovated with crown molding and chair rail on all downstairs units.
5 spaces in the office building fully leased.
2 upstairs units have private bathrooms and new LVP flooring.
3 downstairs units:
Unit A: Executive Office with private bath and shower (2 bathrooms total)
Unit B: 1 bath, kitchen and executive meeting room
Unit C: 1 bath with small kitchenette.
Land is flat and cleared. adjacent to newly constructed 4 story multifamily community.
*Inquire if city about rezoning and uses for land.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,755 SF
Building Class
C
Year Built
1989
Price
$1,995,000
Price Per SF
$419.56
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,378 SF
Slab To Slab
9’
Building FAR
0.05
Lot Size
1.99 AC
Zoning
HBS - Highway Business
Parking
16 Spaces (6.29 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste A
- 820 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 820 SF | Office | Full Build-Out | Now |
1st Fl-Ste A
| Size |
| 820 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 6886-10-2279 | Improvements Assessment | $346,100 |
| Land Assessment | $327,500 | Total Assessment | $673,600 |
PROPERTY TAXES
Parcel Number
6886-10-2279
Land Assessment
$327,500
Improvements Assessment
$346,100
Total Assessment
$673,600
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860 Salisbury St
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