1108 S Salisbury Avenue Spencer, NC $ 380,000
1108 S Salisbury Avenue
$ 380,000
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1108 S Salisbury Avenue

Spencer, NC, 28159
$ 380,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,625

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Commercial Property for sale in Spencer, NC

for $380,000. This building was built in 1910 on a lot size of 0.54.

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!

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Commercial Active

Price

$ 380,000

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.54

Year Built

1910

Town/City

Spencer

County/Region

Rowan

MLS | Web ID

4412037

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Year Built 1910
Property Subtype Office
Parcel Number 030092
County Rowan
New Construction N
Property Type Commercial Sale
HOA N
City Spencer
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Construction Type Site Built
Restrictions N/A
Tax Assessed Value 174439
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Interior
Basement Basement Garage Door Exterior Entry Interior Entry Unfinished
Basement (Y/N) Y
Below Grade Finished Area 0
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Exterior
Parking Features Parking Lot
Water Source City
Inclusions Building Land
Lot Size Area 0.54
Road Surface Type Concrete
Road Responsibility Publicly Maintained Road
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Internal Only
Street Number 1 1108
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* Excluded Features
List By
Century 21 Towne And Country

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$2,625
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2026$380,000 -15.56% Price Down
8/6/2026$450,000 Listed Price

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1108 S Salisbury Avenue, Spencer, NC, 28159 is a Commercial Property for sale at $380,000 with a lot size of 0.54. 1108 S Salisbury Avenue was built in 1910. The property's zip code is 28159 which is in Spencer, NC