Active

512 Klumac Road

Salisbury NC, 28144

$1,915,000


$155.64 per sqft

Active

21 Baths

12,304 sqft

Commercial

Built in 1997

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.

4211333

MLS ID

January 7, 2025

Listed

January 22, 2025

Updated

Map

512 Klumac Road
Salisbury NC, 28144

Interior Features

Total Stories

1


Total Bathrooms

21


Floor Description

Carpet, Tile, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

4.35 Acres


Lot Features

Flood Plain/Bottom Land


Roof

Shingle


Sewer

Septic Installed

Other Property Details

Days on Market

15


Garage

No


Parking

Parking Lot, Parking Space(s)


Parking Total

66


View

No


County

Rowan


Water Source

City


Pool

No


Zoning

CMX

Courtesy of Modern Brokerage with Jason Dolph,
Listing Contact: [email protected] 

 

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