$979,000

909 S Main Street 102, Salisbury, NC 28144

  • 6 baths
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1.74acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Data Last Updated:
June 26, 2026 at 5:19AM
Listing Office:
Century 21 Towne and Country : 704-637-7721
MLS ID:
4378427
  • Roofing: FlatRubber
  • General: Site Built
  • Road/Access: City Street
  • Originating MLS: carolina
  • County: Rowan
  • Zoning: NMX015420
  • Fencing: Chain LinkPartial
  • Restrictions: N/A
  • Source: carolina

This listing courtesy of Century 21 Towne and Country

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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