516 S Salisbury Avenue, Spencer, NC 28159 | 3694861 | Ivester Jackson Distinctive Properties

516 S Salisbury Avenue $184,900


    516 S Salisbury Avenue Spencer, NC 28159

    • 5,000 sq. ft.
    • 0.08 Acres
    • Commercial
    • MLS# 3694861
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    Views: 22 Days On Site: 54

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    Property Details

    PERFECT charming, unique commercial location for your office, studio or retail business/loft living space in Spencer NC! This updated & refinished building with exposed brick walls, large glass front display windows and beautiful hardwoods was once a factory.Original bricks have been exposed & show brick mason's apprentices work where they were "practicing bricking archways" from the early 1900's. Tax card shows 1950 but building was likely built in 1905. 5000 sq' of available floor space plus additional exterior storage shed (12x24') in the back. Stable, established businesses on either side-street gets lots of traffic. Located directly across from the NC Transportation Museum. Str front parking with add'l spaces in back.2 ADA compliant bathrooms, new TPO high grade rolled rubber roof with 2 access scuttle doors in ceiling. 2 HVAC units in great condition could be split for separate billing.Owners have taken very good care of this building.YouTube video available: search by address.

    • General Features
      • Year Built 1905
      • New Construction Y/N false
    • Building Features
      • Accessibility Features 2 or More Access Exits,Bath Grab Bars,Bath Raised Toilet,Door Width 32 Inches or More
      • Building Area Total 5000
      • Cooling Central Air
      • Roof Rubber
      • Living Area 5000
      • Heating Central, Natural Gas
      • Flooring Wood, See Remarks
    • Property Features
      • Utilities City Sewer, City Water, Electricity Available



    28159 (Spencer) Demographics

    37 Median Age
    1,220 Population Density (per sq. mile)
    29% College Educated
    $36,712 Estimated Median Income
    698 Estimated Total Home Owners
    471 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    3,007 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $152,400 Median Sales Price
    5 Homes Sold
    7 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $184,900
        1/27/2021 7:44:36 AM Status Changed Source New Value: Active
        1/25/2021 11:14:18 PM Status Changed Source New Value: Active Under Contract
        1/1/2021 10:44:00 AM New in Database Source New Value: $184,900

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        IDX Based on information submitted to the MLS GRID as of 2/24/2021 12:45:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.