121 Main StSalisbury, NC 28144

  • Retail properties
  • 7,548 SF
For Sale
$765,000 View listing

Property Details for 121 Main St

Year built
1900
Lot size
0.12 AC
Property size (Sq ft)
7,548 SF
Zone code
B5
Property type
Retail properties
Property subtype
Retail space
APN
105483
APU
105483

Description

This exceptional commercial property, located at 121 S Main Street in Salisbury, North Carolina, presents a unique investment opportunity. The 5,194 square foot building, situated on a 0.23-acre lot, underwent a complete renovation in 2020, boasting a stylish French-inspired design. The main level is currently leased to the upscale Carpe Vinum 121 restaurant, with lease renewal options available. The building features a new rubber roof with added insulation, two upstairs heat pumps, updated plumbing, new flooring on the upper level, and three new half-baths upstairs, in addition to two on the main level. All fixtures have been replaced throughout. The vacant upper level offers stunning street views and is adaptable for various uses, including office space or conversion into residential apartments. A significant advantage is the inclusion of a private parking lot with 11 spaces and a gated courtyard, enhancing the property's appeal and functionality. The property's prime downtown location and recent renovations make it an attractive investment in a thriving North Carolina city. The zip code is 28144. This is a rare opportunity to acquire a versatile commercial property with strong existing tenancy and significant upside potential.

121 Main St, Salisbury, North Carolina

Location Insight

City
Salisbury
County
Rowan
State
North Carolina
Latitude
35.6677
Longitude
-80.469
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,596
$85,680
$402,855
$488,535
-
$85,680
$402,855
$488,535

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