111 S MAIN ST

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111 S MAIN ST

SALISBURY, NC 28144-4941
Asking Price
$1.50M
Asset Type
Storefront Retail
Class
Class B

What's Special

Downtown Salisbury Landmark Investment Opportunity <ul><li>​<strong>42,000+ SF Commercial Building</strong> located in the heart of Downtown Salisbury, offering significant scale and redevelopment potential.</li><li>​<strong>Prime Downtown Location</strong> surrounded by restaurants, retail, government offices, entertainment venues, and ongoing economic development initiatives.</li><li>​<strong>Elevator-Served Building</strong> providing convenient access to multiple floors and enhancing usability for a variety of commercial and mixed-use applic

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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

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