1014 W Innes St

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

1014 W Innes St

Salisbury, NC 28144
Asking Price
$1.50M
Asset Type
Retail
Class
Class B

What's Special

1014 West Innes Street is situated in a high-visibility retail corridor in Salisbury, North Carolina. The property sits directly across from the Catawba College campus and is adjacent to the historic West Square neighborhood. The surrounding area features a mix of established residential pockets, educational facilities, and local commercial services. Accessibility is a primary feature, as the site offers direct frontage on a major thoroughfare that connects downtown Salisbury to the Interstate 85 interchange. Nearby amenities include various fast-casual dining options, professional offices, and grocery anchors. The property is well-suited for retail operators seeking proximity to a consistent student population and local residents. Ideal use cases include boutique retail, specialty food and beverage outlets, or service-oriented businesses such as salons or dry cleaners. The typical tenant profile consists of local entrepreneurs or regional franchises that benefit from high daily vehicle counts and pedestrian traffic generated by the nearby college. Its location within a transitional zone between residential and commercial districts makes it an appropriate site for businesses requiring both community integration and easy commuter access.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times