$1,915,000
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512 Klumac Road Salisbury, NC 28144
Retail
Residence
Beds
21
Baths
...
Bed/Bath
12,304
Sq. Ft.
Property Activity
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days
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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.
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MLS#
4211333
Property Type
Retail
Bathrooms
Year Built
1997
Square Feet
12,304
sq. ft
Lot Size
4.35
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