Active
110 Piper Lane
Salisbury NC, 28147
$2,050,000
$29.29 per sqft
Active
70,000 sqft
Commercial
Built in 1920
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 130 was built in 1920 (renovated in 1974) & consists of 4 bays totaling 60,000 SF leased by 3 warehouse tenants. The brick building features 7 Dock-High doors & 4 Drive-In doors, up to 20' clear heights, and a portion of office space. Building 110 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.
4211764
MLSⓇ ID
January 8, 2025
Listed
January 22, 2025
Updated
Map
110 Piper Lane
Salisbury NC, 28147
Interior Features
Total Stories
1
Floor Description
Concrete, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Other - See Remarks
Heating
Yes
Heating Description
Other - See Remarks
Exterior/Building Features
Lot Size
12.03 Acres
Lot Features
Level
Roof
Rubber, Other - See Remarks
Sewer
Septic Installed, Other - See Remarks
Other Property Details
Days on Market
14
Garage
No
Parking
Other - See Remarks
View
No
County
Rowan
Water Source
City
Pool
No
Zoning
LI
Courtesy of Modern Brokerage with Jason Dolph,
Listing Contact: [email protected]
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