A rare opportunity to purchase a 100% occupied office park / retail center in Salisbury. The 4.35-acre site is located just 0.7 miles from Interstate I-85 with 394 feet of frontage on Klumac Rd. Eleven total units totaling 12, 304 square feet are divided between (2) one-story brick buildings that we constructed in 1997. Zoned CMX with an array of potential uses. Mostly long-term office, retail & medical tenants on flexible short-term leases. Current below-market rents provide substantial value-added opportunities for new ownership. Large level lot conducive for additional development. Paved asphalt parking lot with 66 spaces. Recent HVAC and roofing improvements. Currently $135,600 in Gross Annual Income. This is part of a family-owned portfolio with multiple income-producing properties available for purchase in Salisbury. August 2024 appraisal available for review.
Property Type(s):
Commercial
|
Year Built
|
1997
|
County
|
Rowan
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| CONSTRUCTION |
Brick |
| HEAT |
Central, Forced Air |
| LOT |
4.35 acre(s) |
| LOT DIMENSIONS |
/-394' x 482' x 395' x 494' |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Septic Tank |
| STORIES |
1 |
| UTILITIES |
Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Phone Connected |
Location
Listed with Modern Brokerage
Date last updated: 1/9/25 6:43 AM PST
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