About This Home

This 0-bedroom, 0-bathroom commercial at 1108 S Salisbury Avenue in Spencer, NC is listed for $380,000. Built in 1910, on a 0.54 acres lot.

Key Features

  • Built in 1910
  • 0.54 acre lot

Property Details

1910

Amenities

A/C
Listing Description

Public Remarks This is a rare opportunity to acquire a meticulously renovated, 5,989 total square foot commercial hub situated on .54 acres across three parcels in Spencer. The property is currently owner-occupied by a consulting firm that will be vacating upon sale, offering a "plug-and-play" headquarters for a professional service, medical user, or retailer.

The 2,989 square foot main level is thoughtfully designed with a dual-zone layout; while the front is ideal for high-end office use, the back is a proven revenue generator currently utilized for various classes and community events. This configuration allows a new owner to establish their own business in the primary suite while immediately benefiting from the existing traffic and income potential of the event space.

The building has undergone an extensive top-to-bottom renovation that ensures a maintenance-free transition for the next owner. The interior boasts brand-new, thick commercial-grade LVP flooring, new vinyl ceiling tiles, and modern LED lighting throughout.

Critical infrastructure has been modernized with new hot water lines, updated electrical outlets, and a secure new front entry door. Both bathrooms have been fully renovated, and the entire structure features fresh interior and exterior paint. For those needing additional utility, the property includes a massive 3,000 square foot unfinished basement equipped with a large bay door, perfect for heavy storage, a workshop, or future expansion.

The exterior of the property is just as impressive as the interior, featuring significant site improvements designed for longevity and ease of use. A brand-new paved parking lot provides professional curb appeal at the front, complemented by fresh concrete work around the entrance, while the rear of the property features new gravel and a backyard that has been professionally graded for optimal drainage.

The HVAC unit is 7 years old and with .54 acres of land, there is ample room for parking, outdoor storage, or further development. This is a unique chance to own a fully updated, income-capable asset that is ready for immediate occupancy!

Monthly Cost Estimate

$2,032/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,647
Insurance$111

Estimates only. Actual payments may vary.

Location

1108 S Salisbury Avenue

Spencer, NC 28159

Property Details

Parking

Parking Lot

Heating

Heat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1108 S Salisbury Avenue is listed at $380,000. The estimated monthly payment is $2,032 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.54 acre lot.

This property is listed by Joseph Rusher.

JR

Joseph Rusher

Agent at Century 21 Towne & Country

Listed by Century 21 Towne & Country · Broker phone: (704) 637-7721 · View on Broker Site · Broker website

MLS# 4412037· Source: Canopy MLS· 88 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1108 S Salisbury Avenue, Spencer, NC 28159

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