1108 S Salisbury Avenue
Spencer, NC, 28159
$380,000
- 1910year built
- 90days on market
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How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $970, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Rowan, NC with 20% down. The Realty Purchase Credit is 0.5% of the price when you buy with a CapCenter REALTOR® and finance with us, up to 3% of the price less $5,000. The 1% List fee applies when you buy and sell with us within a year (1.5% to list only, $3,000 minimum), compared with a typical 3%. Restrictions apply.
Hope Foster, REALTOR®
Your CapCenter agent · 757-274-1537
Questions? Call (804) 648-4357
About this home
- Basement
- Central air
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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Location
Property details
Important details
- Status
- Active
- Date listed
- 8/6/2026
- Time on Market
- 90 days
- Property Type
- Office
- List Price
- $380,000
- Lot Size
- None listed
- Year Built
- 1910
- County
- Rowan
- HOA
- No
Interior details
- Basement
- Exterior Entry, Interior Entry, Unfinished
- Heating
- Heat Pump
- Cooling
- Central Air
Building & lot
Building
- Property Type
- Office
- Year Built
- 1910
Lot Info
- Parcel Number
- 030092
Exterior Features
- Pool
- No
Parking
- Parking Features
- Parking Lot
- Garage
- No
Ownership
Community details
School Districts
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- HOA
- No
- Zoning
- HB
Taxes & Assessment
- Tax Assessed Value
- $174,439
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4412037
- MLS Status
- Active
Listed by: Century 21 Towne and Country · (704) 637-7721
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.