512 Klumac Road, Salisbury, NC 28144 (MLS # 4211333)

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PRICE $1,915,000 dsIDX morgage calculator
SIZE 12,304 sqft
LOT SIZE 4.35 ac

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.

YEAR BUILT 1997 COUNTY Rowan
STATUS Active PROPERTY TYPE(S) Commercial


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
MORTGAGE CALCULATOR
   

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Listed with Modern Brokerage
Date last updated: 1/9/25 11:52 AM PST

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