642 Shaver Street
642 Shaver Street
Salisbury, NC 28144
$365,000
- Lot Size: 4.32 Acres
Description
Historic Salisbury Foundation is seeking the right developer for this historic school on 4.32 acres! Lincoln School has a rich history. It has been vacant for over two decades and is ready for a new owner. A use study has been performed by Belk Architecture to provide options for development, but other proposals are welcome. The school is situated between a residential area, a public city-owned pool, and the National Cemetery. Only a few blocks from historic downtown and a short drive to I-85, this could be the prime location for your business! Historic Salisbury Foundation is working to complete a National Register Nomination. The property is currently on the State Historic Preservation Office's study list and if the property receives the nomination, historic tax credits (40% for income producing projects) will be available for the restoration.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Special Purpose |
| Year Built : | 1926 | Construction Type : | Site Built |
| Lot Size : | 4.32 Acres |
Property Features
- Other - See Remarks
More Information
- Construction : Brick Full
- Roof : Shingle
- Parking : Circular Driveway
- Heating : Other - See Remarks, None
- Cooling : None
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Nonconforming Loan
- Possible Use : Commercial
Based on information submitted to the MLS GRID as of 02-22-2025 07:22:03 UTC 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.