1. North Carolina
  2. Salisbury
  3. 512 Klumac Road
$1,915,000

512 Klumac Road, Salisbury, NC 28144

  • 21 baths |
  • 12,304 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon4.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $156/sqft
  • Property List Date Icon Listed 9 months ago

Property 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.

Listing Status:
Active
Listing Office:
Modern Brokerage : 704-502-0388
MLS ID:
4211333
  • Flooring: CarpetTileLaminate
  • A/C: Central Air
  • Heating: CentralForced Air
  • Other Structures: Awning(s)
  • Parking: Parking LotParking Space(s)Parking spaces: 66
  • Roofing: Shingle
  • General: Site BuiltSlab
  • Road/Access: 4 Lane HighwayInterstate 1 mile or Less
  • Originating MLS: carolina
  • County: Rowan
  • Zoning: CMX017187
  • Restrictions: No Known Deed Restrictions
  • Utilities: Cable ConnectedElectricity ConnectedFiber OpticsNatural GasPhone Connected
  • Water: City
  • Sewer: Septic Installed
  • Source: carolina
  • Exclusions: Tenant Owned Fixtures

This listing courtesy of Modern Brokerage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Elizabeth Duncan - Koontz Elementary School

685 E Ritchie Rd, Salisbury, NC, 28146

Grades PK-5

1.81 miles away

H

Henderson High School

1215 N Main St, Salisbury, NC, 28144

Grades 6-12

2.51 miles away

R

Rowan County Early College

1333 Jake Alexander Blvd S, Salisbury, NC, 28146

Grades 9-12

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.