3212 Main StSalisbury, NC 28147

Property Details for 3212 Main St

Year built

1989

Construction

STEEL FRAME

Lot size

0.76 AC

Property size (Sq ft)

2,880 SF

Zone code

HB:HIGHWAY BUSINESS

Property type

Retail properties

Property subtype

Retail space

APN

470 046

APU

470046

Description

This exceptional 9,000-square-foot commercial property presents a versatile leasing opportunity in Salisbury, Rowan County, NC. Situated on a 0.75-acre lot, this single-story, Class B building boasts a prime location with high visibility and convenient access. Built in 1989 and renovated in 1997, the property features approximately 6,000 square feet of climate-controlled space, including four offices, a large showroom, and two bathrooms. An additional 3,000 square feet of heated warehouse space is accessible via an 8' x 10' roll-up door and a walk-in door. The 13-15' ceiling height provides ample storage and operational space. The property offers ample parking with 13 spaces in front, plus additional side and rear parking. Located on S Main St and Forbes Ave, with 110 feet of frontage, this property benefits from flexible HB zoning, allowing for various business uses. The monthly lease rate is $8,000. Surrounding businesses include retail shops, storage units, and other commercial enterprises, creating a vibrant business environment. This well-maintained facility offers a modern construction with versatile floor space to accommodate diverse business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,020,619

  6.5%

  $942,110

  7%

  $874,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,229,002

  Geo Method

  $1,229,002

• Alternative Use

  Use

  Valuation

  Residential

  $794,705

  Hospitality

  $727,945

  Educational

  $605,642

  Medical

  $626,471

  Retail

  $942,110

Location Insight

City

Salisbury

County

Rowan

State

North Carolina

Latitude

35.64

Longitude

-80.5118

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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