Properties

Property Description

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 110 was built in 1920 (renovated in 1974) & consists of 4 bays totaling 60,000 SF leased by 3 warehouse tenants. Brick building features 7 Dock-High doors & 4 Drive-In doors, up to 20’ clear heights, and a portion of office space. Building B 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.

Features
: Other - See Remarks
: Other - See Remarks
: Other - See Remarks
: Wood, Concrete
: Other - See Remarks, Septic Installed
: Gas, Electricity Connected
Address Map
US
NC
Rowan
Salisbury
28147
Piper
110
Lane
W81° 28' 40.6''
N35° 37' 59.1''
From I-85, travel NE on Peeler Rd. Turn RIGHT on US-29 (S. Main St.). Parcels are on the left before Piper Ln. Look for signage.
LI
MLS Addon
Modern Brokerage
Jason Dolph
$0
$0
$0
Additional Information
: Two or More Access Exits
70000
: Brick Full
: Slab
: Level
5
1
: City
Listing Information
23429
8704
Cash,Conventional
Active
2025-01-10T17:40:07Z
Canopy
: None
2025-01-08T21:37:09Z

Commercial Sale For Sale

110 Piper Lane, Salisbury, North Carolina 28147

$2,050,000
Listing ID #4211764
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 4211764
Price : $2,050,000
Year Built : 1920
Status : Active
Property Sub Type : Warehouse/Office
Roof : Other - See Remarks, Rubber
Agent info
Contact Agent