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512 Klumac Road, Salisbury, NC 28144

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For Sale

$1,915,000

4.35 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 4.3 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

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.
MLS# 4211333

Courtesy Of Modern Brokerage

(704) 502-0388

Property Features

  • Age
    21-30 Years Old
  • Floor Covering
    Carpet, Laminate, Tile
  • Heating System
    Forced Air
  • Lot Size
    4.35 Acres

Map and Directions

Directions to 512 Klumac Road, Salisbury, NC 28144

Home seller CENTURY 21 Towne & Country

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CENTURY 21 Towne & Country

(704) 637-7721
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Monthly Payment Breakdown

  • Principle and Interest
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.