512 Klumac Road
512 Klumac Road
Salisbury, NC 28144
$1,915,000
- Lot Size: 4.35 Acres
Description
A rare opportunity to purchase a 100% occupied office park / retail center in Salisbury. The 4.35-acre site is located just 0.7 miles from Interstate I-85 with 394 feet of frontage on Klumac Rd. Eleven total units totaling 12, 304 square feet are divided between (2) one-story brick buildings that we constructed in 1997. Zoned CMX with an array of potential uses. Mostly long-term office, retail & medical tenants on flexible short-term leases. Current below-market rents provide substantial value-added opportunities for new ownership. Large level lot conducive for additional development. Paved asphalt parking lot with 66 spaces. Recent HVAC and roofing improvements. Currently $135,600 in Gross Annual Income. This is part of a family-owned portfolio with multiple income-producing properties available for purchase in Salisbury. August 2024 appraisal available for review.
Property Summary
| Property Type: | Commercial Sale | Property Subtype : | Retail |
| Year Built : | 1997 | Construction Type : | Site Built |
| Lot Size : | 4.35 Acres |
Property Features
- Flood Plain/Bottom Land
- Awning(s)
More Information
- Construction : Brick Full
- Roof : Shingle
- Parking : Parking Lot, Parking Space(s)
- Heating : Central, Forced Air
- Cooling : Central Air
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional
- 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.