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About This Home
This 0-bedroom, 6-bathroom commercial at 909 S Main Street in Salisbury, NC is listed for $979,000. Built in 1920, on a 1.74 acres lot.
KENT EXECUTIVE CENTER | 4-Parcel Commercial Portfolio | 1.74 Acres | Salisbury, NC. Listed at $979,000, well Below the $1.3M+ Combined Tax Value! Rarely does an opportunity of this scale come to market in the heart of Salisbury. This four-parcel, 1.74-acre commercial portfolio includes three income-producing buildings, a massive parking lot with 80
-100 spaces, and a fully leased 4-unit storage building all within half a mile of downtown and with excellent access to I-85 and Hwy 29. The crown jewel, the Kent Executive Center is the flagship building and features four street-front retail units, a formal lobby entrance, and over 10 private offices, seven of which are currently leased and generating steady income.
The real upside lives on the second floor: over 20,000 sq ft of open office space primed for conversion to residential apartments. With NMX zoning and zero lot-line setbacks, the density and entitlement work is already done for you! Two additional income-producing buildings are comprised of a dedicated salon suite building hosts three hairstylists on a per-chair rental basis and a third building that contains two fully leased commercial suites.
Turn-key income from day one while you execute your value-add strategy on the main building. Combined monthly rental income across all buildings and the storage units is approximately $7,500/mo and that's before any improvements. A road adjacent to the property may be purchasable from the City of Salisbury, potentially unlocking additional parking to support residential or retail expansion.
This is a developer's dream, an investor's income play, and a rare repositioning opportunity all in one. At $979,000, the price and potential are the pitch!
Key Features
- Built in 1920
- 1.74 acre lot
Property Details
Monthly Cost Estimate
$5,236/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
909 S Main Street
Salisbury, NC 28144
Property Details
Construction
Questions & Answers
This 0-bedroom, 6-bathroom commercial at 909 S Main Street is listed at $979,000. The estimated monthly payment is $4,242 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 1.74 acre lot.
This property is listed by Cheryl Gunter and can be reached at 9103153238 or cherylsgunter@gmail.com.





