642 S Shaver Street Salisbury, NC $ 399,000
642 S Shaver Street
$ 399,000
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642 S Shaver Street

Salisbury, NC, 28144
$ 399,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,756

642 S Shaver Street, Salisbury, NC 28144 - Image 1

Commercial Property for sale in Salisbury, NC

for $399,000. This building was built in 1930 on a lot size of 4.32.

Exceptional adaptive-reuse and redevelopment opportunity near Downtown Salisbury! Situated on approximately 4.32 acres, 642 S Shaver Street features an existing building of approximately 14,500 square feet with a unique former-school layout, multiple rooms, substantial interior space, and expansive grounds. This property presents an exciting opportunity for an investor, developer, nonprofit, faith-based organization, educational operator, or owner-user looking to reposition a distinctive asset. Potential concepts may include multifamily conversion, senior or supportive housing, educational or training space, community or nonprofit use, office/institutional use, event or assembly space, or other redevelopment opportunities, subject to zoning, approvals, and feasibility.javascript:__doPostBack('m_lbSubmit','') The property offers convenient access to Downtown Salisbury, major corridors, surrounding residential neighborhoods, and area amenities. With significant square footage and acreage already in place, this is an opportunity to create a transformative project rather than start from the ground up. Property is offered AS-IS and requires renovation. Buyer to independently verify zoning, permitted uses, utilities, square footage, acreage, building condition, code requirements, and redevelopment feasibility with the appropriate governmental authorities. Bring your vision and explore the possibilities at this one-of-a-kind Salisbury property.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

4.32

Year Built

1930

Town/City

Salisbury

County/Region

Rowan

MLS | Web ID

4428352

Features
Interior
Basement Unfinished
Basement (Y/N) Y
Below Grade Finished Area 0
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Exterior
Inclusions Building Land
Lot Size Area 4.32
Road Surface Type Concrete
Road Responsibility Publicly Maintained Road
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General
Year Built 1930
Property Subtype Special Purpose
Parcel Number 015455
County Rowan
New Construction N
Property Type Commercial Sale
HOA N
City Salisbury
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 No Restrictions
Tax Assessed Value 317367
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Internal Only
Street Number 1 642
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* Excluded Features
List By
Rentercasa Buyercasa Llc

Broker

Affordability Calculator

$2,756
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,756
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$399,000 Listed Price

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642 S Shaver Street, Salisbury, NC, 28144 is a Commercial Property for sale at $399,000 with a lot size of 4.32. 642 S Shaver Street was built in 1930. The property's zip code is 28144 which is in Salisbury, NC