Matthews Logo

Navigation Menu

111 W Bank St, Salisbury, NC, 28144

111 W Bank St

$1,050,000

Key Information

$ per SF
$83
Tot. SF
12,588
Lot Size
0.42 Acres
Year Built
1946 / 2006 (R)
Type
Industrial

Highlights

• Attractive Going-In Basis Below Replacement Cost in a Tightly Held Industrial Market
• Value-Add and Redevelopment Optionality Through Existing Functional Improvements
• Located in Salisbury, a Strategically Positioned Submarket Along the I-85 Growth Corridor
• Central Connectivity Between the Charlotte and Triad Metros with Access to Regional Demand Drivers
• Flexible Asset Supporting Owner-User, Interim Income, or Long-Term Hold Strategies
• Premier Infill Site in the Heart of Downtown Salisbury’s Active Revitalization
• Positioned Directly Across from the $25 Million Empire Hotel Restoration
• Functional Improvements Supporting Interim Use, Adaptive Reuse, or GroundUp Redevelopment
• Flexible Main Street Parcel with Strong Coverage and Mixed-Use Optionality
• Exceptional Downtown Connectivity Anchored by Catalytic Adjacent Investment

Photos

Location

Agents

Broker of Record

Gerard Hamas

License # 362768, C42113 (NC)
Matthews of North Carolina, LLC
307 W. Tremont Ave., Ste 200, Charlotte, NC 28203