1014 W Innes St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — 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 corridor of Salisbury, North Carolina, directly adjacent to the Catawba College campus. The surrounding neighborhood is characterized by a mix of historic residential areas, educational institutions, and established student housing. The property offers direct frontage on a primary local thoroughfare, providing ease of access to Downtown Salisbury and the nearby Novant Health Rowan Medical Center. Local transportation is supported by proximity to major regional connectors and the city’s central commercial district, ensuring consistent exposure to both local residents and commuter traffic. The location is well-suited for service-oriented retail, quick-service dining, or boutique storefronts that cater to a collegiate and medical professional demographic. Its position near a concentrated population of students and faculty makes it an ideal site for neighborhood-scale businesses, such as specialty cafes, convenience retail, or professional services. The typical tenant profile includes small-scale retailers and service providers seeking a stable customer base derived from the surrounding academic community and the steady flow of daily visitors to the medical and downtown districts.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — 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