Listed by Century 21 Providence Charlotte
$1,500,000
111 S Main St
Details
APN 0105515
Property Type Retail, Mixed Use
Sub Type Storefront
Square Footage 42,603
Units 1
Class C
Year Built 1956
Buildings 1
Stories 2
Lot Size (SqFt) 15,137
Zoning DMX
Ground Lease No
Sale Condition 1031 exchange
Downtown Salisbury Landmark Investment Opportunity
Marketing description
Mixed Use, Retail • 42,00+ SF • commercial building located in the heart of thriving Downtown Salisbury, NC. Offering a rare combination of size, location, and versatility, this property presents an outstanding opportunity for investors, developers, and entrepreneurs seeking a transformative asset.
The building features multiple floors serviced by elevators, expansive open spaces, and a flexible layout that can accommodate a variety of uses, including office, retail, mixed-use development, hospitality, residential conversion, event space, or creative redevelopment. Its prominent downtown location provides excellent visibility, walkability, and access to restaurants, shops,
Investment highlights
- 42,000+ SF Commercial Building located in the heart of Downtown Salisbury, offering significant scale and redevelopment potential.
- Prime Downtown Location surrounded by restaurants, retail, government offices, entertainment venues, and ongoing economic development initiatives.
- Elevator-Served Building providing convenient access to multiple floors and enhancing usability for a variety of commercial and mixed-use applications.
- Value-Add Opportunity with the potential for repositioning, redevelopment, adaptive reuse, or long-term investment strategies.
- Flexible Zoning & Layout Potential suitable for office, retail, hospitality, multifamily residential conversion, mixed-use development, coworking, educational facilities, or event space.
- Strong Visibility & Accessibility with a prominent presence in Salisbury's central business district and convenient access to major transportation corridors.
- Growing Market benefiting from continued investment and revitalization efforts throughout Downtown Salisbury and the surrounding region.
- Multiple Revenue Possibilities through leasing, redevelopment, owner-occupancy, or a combination of commercial and residential uses.
- Rare Large-Scale Downtown Asset offering substantial square footage that is increasingly difficult to find in historic downtown markets.
- Opportunity Zone for Growth positioned to capitalize on the continued expansion and revitalization of the Downtown Salisbury area.
- Ideal for Investors, Developers, and Owner-Users seeking a strategic asset with both immediate and long-term upside potential.
Listing Contacts
Listed by Century 21 Providence Charlotte
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