516 S Salisbury Avenue, Spencer, NC 28159 | 3694861 | Dickens Mitchener Residential Real Estate

516 S Salisbury Avenue $162,500


    516 S Salisbury Avenue Spencer, NC 28159

    SOLD 8/26/2021


    • 5,000 sq. ft.
    • 0.08 Acres
    • Commercial
    • MLS# 3694861
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    Property Details

    PERFECT charming, unique commercial location for your office, studio or retail business/loft living space in Spencer NC! This updated & refinished building with exposed brick walls, large glass front display windows and beautiful hardwoods was once a factory.Original bricks have been exposed & show brick mason's apprentices work where they were "practicing bricking archways" from the early 1900's. Tax card shows 1950 but building was likely built in 1905. 5000 sq' of available floor space plus additional exterior storage shed (12x24') in the back. Stable, established businesses on either side-street gets lots of traffic. Located directly across from the NC Transportation Museum. Str front parking with add'l spaces in back.2 ADA compliant bathrooms, new TPO high grade rolled rubber roof with 2 access scuttle doors in ceiling. 2 HVAC units in great condition could be split for separate billing.Owners have taken very good care of this building.YouTube video available: search by address.

    • General Features
      • Year Built 1905
      • New Construction Y/N false
    • Building Features
      • Accessibility Features 2 or More Access Exits,Bath Grab Bars,Bath Raised Toilet,Door Width 32 Inches or More
      • Building Area Total 5000
      • Cooling Central Air
      • Roof Rubber
      • Living Area 5000
      • Heating Central, Natural Gas
      • Flooring Wood, See Remarks
    • Property Features
      • Utilities City Sewer, City Water, Electricity Available


    28159 (Spencer) Demographics

    37 Median Age
    1,220 Population Density (per sq. mile)
    29% College Educated
    $36,712 Estimated Median Income
    698 Estimated Total Home Owners
    471 Estimated Total Renters
    60% / 40% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    3,007 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $170,000 Median Sales Price
    1 Homes Sold
    9 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $184,900 13.78%
        8/26/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $162,500 -11.15%
        8/4/2021 1:22:01 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        6/16/2021 4:06:47 PM Price Reduced Source: Multiple Listing Service New Value: $182,900 -0.81%
        3/31/2021 12:14:13 PM Price Reduced Source: Multiple Listing Service New Value: $184,400
        IDX Based on information submitted to the MLS GRID as of 9/17/2021 7:01:37 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2021

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.