Homes for sale - 110 Piper LN, Salisbury, NC 28147

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Hannah Fox

hannah@nctruenorthrealty.com +1(336) 927-9542

$2,050,000

Est. payment - /mo

12.03 Acres Lot

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UPDATED:

01/08/2025 09:39 PM

Key Details

Property Type Commercial

Sub Type Warehouse/Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4211764

Construction Status Completed

Year Built 1920

Lot Size 12.030 Acres

Acres 12.03

Property Description

100% occupied income-producing commercial adjacent to Mid-Carolina Regional Airport. 12.03 Acres allocated as 9.73 Acres with (2) Industrial / Warehouse Buildings & 2.3 Acres of Excess Land w/ 337 feet of frontage along S. Main St. (US-29) 1.7 Miles from I-85. Zoned LI-Light Industrial w/ many permissible uses. Long-existing local and national tenants on short-term flexible modified gross leases. Below market rents averaging $1.97/SF/ Year presents a significant upside opportunity for purchase. Building 110 was built in 1920 (renovated in 1974) & consists of 4 bays totaling 60,000 SF leased by 3 warehouse tenants. Brick building features 7 Dock-High doors & 4 Drive-In doors, up to 20' clear heights, and a portion of office space. Building B was built in 1929 w/10,000 SF (2) overhead drive-in doors with an auto service tenant. This is part of a family-owned portfolio with multiple income-producing properties for sale in Salisbury. August 2024 appraisal available for review.

Location

State NC

County Rowan

Zoning LI

Interior

Heating Other - See Remarks

Cooling Other - See Remarks

Flooring Concrete, Wood

Inclusions Building, Land

Exterior

Utilities Available Electricity Connected, Gas

Roof Type Rubber,Other - See Remarks

Building

Lot Description Level

Dwelling Type Site Built

Foundation Slab

Sewer Septic Installed, Other - See Remarks

Water City

Structure Type Brick Full

New Construction false

Construction Status Completed

Others

Senior Community false

Restrictions No Representation

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Jason Dolph • Modern Brokerage • jason@modernbrokerage.com

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(336) 927-9542

hannah@nctruenorthrealty.com

1 N Center St, Hickory, NC, 28601, USA

110 Piper LN Salisbury, NC 28147