620 W Innes St

For Sale

620 W Innes St, Salisbury, NC 28144

This Salisbury property for sale is located at 620 W Innes St. The current listed sale price for 620 W Innes St is $450,000. 620 W Innes St is situated on a lot that is 0.51 acre in size.

Contacts

broker
Jason Dolph

Modern Brokerage LLC

Property Details

  • Property Type Office
  • Property Size 3,810 SF
  • Lot Size 0.51 Acre
  • Cap Rate % 7.95
  • # of Floors 1
  • Parking Spaces Avail. 22
  • Parking Ratio 5.77 / 1,000 SF
  • Year Built 1966
  • Date Updated Jan 23, 2025

A remarkable investment opportunity to purchase a fully occupied stand-alone office building just a quarter-mile from center-city Salisbury. Leased to a nationally renown charity through 12/31/25 with option through the end of 2028 with a monthly rent increase. $42,600 Gross Annual Income offered at an 7.99% Cap Rate with minimal landlord expenses. The full brick one-story was built in 1966 in a mid-century modern style featuring a pitched/vaulted roofline, exposed rafters, numerous large windows, exterior paneling, and sleek interior/exterior brick. It features an enormous 25' x 33' Meeting Room, (9) Offices, a Breakroom, (2) Restrooms, Storage, Mechanical, Lobby, and Enclosed Glass Entry. Situated on .51 acres with 96' of frontage along W. Innes St. Asphalt parking with 20+ designated spaces. Zoned RMX with an array of permissible uses. Part of a family-owned multi-property portfolio of income-producing commercial real estate available for purchase in Salisbury. Offering Memorandum with financial information available upon request. 

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Getting around

  • 67/100

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  • 50/100

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Location

  • City Salisbury, NC
  • Zip Code 28144
  • Market Charlotte

Points of Interest

  • Sunoco

    0.33 miles

  • Speedway

    0.84 miles

  • Citgo

    1.04 miles

  • BP

    1.08 miles

  • Murphy Express

    1.24 miles

  • Shell

    1.28 miles

  • Visitor Parking

    1.20 miles

  • Employee Parking

    1.23 miles

  • Rowan County Pump Station Access

    5.21 miles

  • US 601 River Access

    7.54 miles

  • Lower Lot

    9.55 miles

  • Upper Lot

    9.57 miles

  • Courtyard Salisbury

    1.24 miles

  • Holiday Inn Express & Suites Salisbury

    1.30 miles

  • Comfort Suites Salisbury I-85

    1.37 miles

  • Days Inn

    1.43 miles

  • Super 8 by Wyndham Salisbury

    1.59 miles

  • Hotel Salisbury & Conference Center

    1.96 miles

  • Quality Inn & Suites

    1.98 miles

  • Home2 Suites by Hilton Salisbury

    2.11 miles

  • Econo Lodge

    2.12 miles

  • Hampton

    2.17 miles

  • Food Lion

    0.85 miles

  • Big Lots

    1.04 miles

  • Harris Teeter

    1.26 miles

  • Walmart Supercenter

    1.31 miles

  • ALDI

    1.34 miles

  • Marshalls

    1.76 miles

  • West End Plaza

    2.59 miles

  • La Alcancia

    2.89 miles

  • McLane FoodService

    4.04 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jason Dolph

Modern Brokerage LLC

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