$168.34 Per Sq Foot $10,646 est/mo Sourced by Back At You

111 E Innes Street,Salisbury, NC 28144

Salisbury NC, 28144

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One of Salisbury's premier mixed-use buildings in historic downtown. Seven fantastic Class-A spaces: main-level restaurant; 2 main-level retail spaces separated by foyer with double-door entry, show-room quality windows; 4 walk-up 2nd-story apartments. Impressive rent roll, mid 6% cap rate, very low vacancy and solid rental history. Circa 1900s, two well-maintained full brick structures divided by pilasters in contrasting color: EDPM roofs. High visibility in very center of downtown historic district: NCDOT average daily traffic count 18,000. Main facade is dramatized by array of (6) pairs of tall arched windows and decorative gabled pediments. Addresses are 107-117 East Innes St, centrally located amidst a variety of successful shops, restaurants, services, and Bell Tower Green central-city park. 1-mile off exit 76/I-85. Located in Salisbury's original Historic District and listed in the National Registry. Building was restored using National Park Service Historic Guidelines.


Listing TypeFor Sale
Days On Site131
Listing Provided BySalisbury Real Estate LLC | Greg Rapp


SQ Feet11,138
Water FrontYes
Property ViewCity

Market Activity 28144

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

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Listings Checked: 7 minutes ago
Zip Code28144
Listing VS Median (in 28144)
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100% of Average
low | high
100% of Average
$ / SqFt:
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60.842484084084% of Average
On Site:
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100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 11:13:30 AM PDT