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$ 979,000
Est. payment /mo
New
909 S Main ST #102 Salisbury, NC 28144
6 Baths
1.74 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4378427
Year Built 1920
Lot Size 1.740 Acres
Acres 1.74
Lot Dimensions 317x237.2x264x264.5
Property Sub-Type Office
Property Description
KENT EXECUTIVE CENTER | 4-Parcel Commercial Portfolio | 1.74 Acres | Salisbury, NC. Listed at $979,000, well Below the $1.3M+ Combined Tax Value! Rarely does an opportunity of this scale come to market in the heart of Salisbury. This four-parcel, 1.74-acre commercial portfolio includes three income-producing buildings, a massive parking lot with 80–100 spaces, and a fully leased 4-unit storage building all within half a mile of downtown and with excellent access to I-85 and Hwy 29. The crown jewel, the Kent Executive Center is the flagship building and features four street-front retail units, a formal lobby entrance, and over 10 private offices, seven of which are currently leased and generating steady income. The real upside lives on the second floor: over 20,000 sq ft of open office space primed for conversion to residential apartments. With NMX zoning and zero lot-line setbacks, the density and entitlement work is already done for you! Two additional income-producing buildings are comprised of a dedicated salon suite building hosts three hairstylists on a per-chair rental basis and a third building that contains two fully leased commercial suites. Turn-key income from day one while you execute your value-add strategy on the main building. Combined monthly rental income across all buildings and the storage units is approximately $7,500/mo and that's before any improvements. A road adjacent to the property may be purchasable from the City of Salisbury, potentially unlocking additional parking to support residential or retail expansion. This is a developer's dream, an investor's income play, and a rare repositioning opportunity all in one. At $979,000, the price and potential are the pitch!
Location
State NC
County Rowan
Building/Complex Name Kent Properties of Salisbury Office Portfolio
Zoning NMX
Interior
Inclusions Building, Fixtures, Land
Exterior
Fence Chain Link, Partial
Roof Type Flat,Rubber
Street Surface Paved
Building
Lot Description Corner Lot, Level, Paved
Dwelling Type Site Built
Foundation None
Structure Type Brick Partial,Metal
New Construction false
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Cheryl Gunter • Century 21 Towne and Country • cherylsgunter@gmail.com