126 North Main - SOLD.....124 South Main - FOR SALE!

Opportunities abound in historic downtown Salisbury, North Carolina!  This one ~ just SOLD by Greg Rapp with Salisbury Real Estate LLC ~ is just one example!  But wait, there is more!

This wonderful circa 1890 2-story commercial property, in its prime location along the 100 block of  North Main Street in the center of this vibrant little downtown, offered so many opportunities on the street level - it's no wonder it got snatched up by a visionary developer!  Once a drug store,  - the opportunity to create a restaurant, bar, retail, or more on the street level was irresistible!  The second story, largely unfinished, offered opportunities to create loft downtown living apartments, and Greg's buyer is doing just that!! And as if this amazing building did not have enough going for it, 126/128 N. Main Street comes with FIVE of its very own parking spaces in rear of building! Ask anyone in Salisbury about parking and you'll understand why this is SUCH a special attribute!

126/128 N Main Street - SOLD by Greg Rapp/Salisbury Real Estate LLC

125 S. Main Street - FOR SALE with Greg Rapp/Salisbury Real Estate LLC

So,  you missed out on the gem on North Main Street . . . but hope is not lost!

There is a similar opportunity just up the road ~ at 125 South Main Street in downtown Salisbury, North Carolina! And so similar that you'll hardly believe this opportunity to own a 2-story brick building in the heart of downtown Salisbury could be duplicated!  Exterior lighting spotlights the array of the beautifully ornate front façade of this circa 1887 building with gorgeous arched windows flanking a larger center window. The current owners performed extensive renovations to restore the exterior 1800s grandeur.

The Class-A 1st floor retail space offers slat-wall interior, the original 1800s tin ceiling, carpeted floors, and mezzanine that overlooks the shop floor.  Large display windows stream natural light. Large display windows stream natural light. What will YOU do with this space? The possibilities are endless: a back alley bar with a retail space upfront on Main? Let your imagination be your guide!

And again, just like its neighbor to the north, the upper story at 125 S. Main Street, accessed via its own private front entry and staircase, is where where you'll find a blank slate ready for conversion to residential living. Create one or two apartments here, and perhaps another downstairs!  This wonderful centrally located building can easily accommodate 2-3 apartments. 

AND . . . again . . . abundant parking conveys at the rear of the structure, a rare commodity downtown Salisbury! 

There are more advantages here! Located in an Opportunity Zone, this downtown building is eligible for discounted capital gains tax, Historic Rehabilitation Tax Credits, & City of Salisbury facade grants. 

[Opportunity Zone: A new program to attract investment capital created by federal tax legislation (Tax Cuts and Jobs Act (H.R.1) offers qualified investors certain tax benefits when they invest unrealized capital gains into these areas. https://salisburync.gov/Government/Community-Planning-Services/Grants-and-Incentives/Opportunity-Zones]

125 S. Main Street is located within downtown Salisbury's newly created "Social District", and is neighbored by unique shops, theaters, restaurants, breweries, nightlife, & the $13M Bell Tower Green city park. Located in the heart of downtown Salisbury's vibrant shopping zone, this building is just 1-mile from Interstate-85, and just blocks from the historic Amtrak station.

 

You might have let one opportunity down the road escape you, so don't let this one slip through your fingers!  The uses for this 4,743 square-foot building, with completely restored circa 1887 front facade, Class-A main floor retail space, and its blank-slate second story with its amazing arched windows are only bound by your imagination! Two apartments could easily be developed in this space that has its own egress at the front and rear of the building. What else do you envision here?  We'd love to hear!

To learn more about 125 S. Main Street, call Greg Rapp with Salisbury Real Estate LLC: 704.213.6846 ~ let your imagination take over!  Let the opportunities fill your sails!

125 S Main Street 

Salisbury, NC 28144

CMLS#3889728

$599,000

Greg Rapp 
Salisbury Real Estate LLC 
704 213 6846 Mobile 
GregRappRealtor@gmail.com 
www.realestatesalisbury.net 

Circa 1957 Mid-Century Modern Home - Needs the LOVE - FOR SALE!

Editor's Note 8/8/2022:  PRICE DROP!!  Now $100,000!

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For the folks who LOVE Mid Century Modern architecture... and LOVE a roll-up-your-sleeves project ~ Realtor® Greg Rapp has got THE HOUSE for you!!  Call 704.213.6846 to learn more...and read on!

Welcome to 1514 Brenner Avenue in Salisbury, North Carolina ~ a single-story, 2-bedroom/1-bath circa 1952 brick Mid Century Modern ranch home.

No doubt about it...this home needs some TLC, but look with your mind's eye and you will see how absolutely COOL this house will be with the right rehabilitation. It has all the bones of the truly awesome Mid Century Modern homes, and retains many of the features of this style of architecture: An open living room with an almost floor-to-ceiling multi-paned window, beamed ceiling, and brick fireplace wall with a long brick hearth.

An open kitchen, albeit in pretty rustic shape,  overlooks the living room. Check out the brick interior walls (WOW Factor!!!). Restoration experts: This could easily be a 3-bedroom house if the enclosed car port were to be finished off.

This one needs a complete rehab: The home needs a roof, and there are some cracks in the brick work. The HVAC is in working condition in this all-electric home (clean energy!). 

Yes, 1514 Brenner Avenue needs work, but the bones are terrific as is the location on a shaded lot right across the street from Salisbury's beautiful Veterans Administration Hospital campus!

This is a cash or conventional loan only and an 'AS-IS' sale ~ and is priced accordingly with consideration for the work the home needs.

So Mid Century Modern aficionados ~ roll up your sleeves because this 1,270 square-foot home is waiting for the love! Call Greg Rapp at 704.213.6846 and let's go have a look!

1514 Brenner Avenue
Salisbury, North Carolina
CMLS #3889348
$110,000

$100,000

Greg Rapp 
Salisbury Real Estate LLC 
704 213 6846 Mobile 
GregRappRealtor@gmail.com 
www.realestatesalisbury.net 

What is old is new again! Completely restored 1927 bungalow for sale!

UPDATE 9/1[2022:  Price Reduction!!  Now $154,900

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Spencer, North Carolina - in addition to being the home of the North Carolina Transportation Museum, is home to one of the largest contiguous historic districts in the country. And while historic homes dating from the late 1800s through the 1940s abound here, new home construction is popping up left and right as today's market is still realizing a shortage of available homes for buyers.

Welcome to the best of both worlds at 412 Jordan Avenue, Spencer, North Carolina! Give Realtor® Greg Rapp at Salisbury Real Estate LLC a call, 704.213.6846, to see this little charmer in person! A vintage home restored and refurbished to the quality of a new home!

This cute-as-a-button circa 1928 bungalow has been completely upgraded with fresh paint on both its exterior and interior. This adorable single-story, 2-bedroom/1-bath home boasts new flooring, carpets, new bathroom and a new kitchen with new appliances, new white cabinetry, new countertops, and a laundry area.

The home's two original fireplaces are now non-functional, but are wonderful throw-backs to days gone by.

Enjoy coffee and company on the wide rocking chair front porch that spans the width of the home, or enjoy an al fresco charcuterie and a glass of wine on the small deck off the kitchen that overlooks the deep (150'!) tree-lined back yard in a rural setting.

412 Jordan Avenue features newer replacement windows, a new heat pump, and a new 200 amp service panel.

The town's neighborhoods emanate from the beautiful Library Park, where its circa 1943 library, formerly a school, is run by the Town of Spencer (not part of the Rowan County Library system). The NC Transportation Museum draws thousands of visitors annually, especially for events such as Thomas the Train, winter holiday train rides, and The Polar Express ride. And when it comes to holiday celebrations, soak up the sights and scents of Christmas as you meander through Spencer's Winterfest 2022...a market of sparkling lights, trees, and merry music. Wooden huts and pop-up tents are filled with holiday gifts, crafts and festive food, and you can watch the lighting of the Town Tree in Market Square and come back again, and again, for other festivities in this beautiful German Christmas Marketplace. 

If you are looking for a small town atmosphere that offers the convenience of major cities within a 30-minute drive, come explore Spencer NC. Big things are steaming up for this little railroad town. Give Greg Rapp a call today to see this little vintage gem with all its new amenities. 704.213.6846 gets you to the area's expert when it comes to historic homes and properties! You're going to love your new old-home!

412 Jordan Avenue
Spencer, North Carolina
CMLS#: 3886371
$165,000

$154,900

Greg Rapp 
Salisbury Real Estate LLC 
704 213 6846 Mobile 
GregRappRealtor@gmail.com 
www.realestatesalisbury.net 

5-Bedroom Victorian Home ~ A Restoration in Progress ~ FOR SALE!

At the gateway to the Historic Park Avenue/Long Street Historic District, 414 Park Avenue, the oldest house in the District with nearly 4,000 square feet of living space, is everything the restoration craftsman looks for in a vintage historic Victorian.

Photo from 2015

Like many Victorian homes of its day, 414 Park Avenue's exterior is graced with a wonderful wrap-around front porch and (2) sitting balconies. The circa 1891 Victorian home features enormous rooms, hardwood floors, ample center hallways, and nine . . .yes (9) . . . fireplaces! Let Realtor® Greg Rapp with Salisbury Real Estate LLC show you this opportunity to make this gracious home your own. Call 704-213-6846 to schedule your private showing.

This beautiful 5 bedroom, 4 bath Victorian is one of Salisbury's 10 Historic Districts. The North Long Street~Park Avenue Historic District was posted to the National Register of Historic Places in June of 1985.  The neighborhood features architecture from the late 19th and 20th century: Colonial Revival,American Craftsman Bungalow, Victorian, and Gothic, with architecturally significant periods between 1875-1949.  There are over 46 properties considered "Contributing Properties". This house at 414 Park Avenue, already a jewel in the neighborhood's crown, will be a masterpiece when its restoration and rehabilitation are complete.

The asymmetrically-designed house is sheltered by a shingled roof enlivened by a projecting pediment gable, a hip extension, and hip-roofed dormers.The terraced front lawn and wide central walk is enclosed with picket fencing, and the concrete staircase from the city sidewalk to the veranda welcomes guests with an entry pergola at the gate ~ creating a sense of arrival. 

The over 500 sq. ft. wrap-around porch is straightforward in design without the more elaborate trimmings of the Victorian era and is a gracious entertaining or just-plain-relaxing area. A second floor balcony overlooks the neighborhood. Windows in plain surrounds and a second floor balcony all complete the façade. 

The home, with a good portion of its restoration process already been completed, retains much of its original charm. Built as an elegant single-family residence, 414 Park Avenue has (5) bedrooms, (4) baths (presently 2 baths are operational, 2 are gutted for restoration).

 

The home features 2 owners' suites, spacious rooms. and a versatile floor plan featuring hardwood floors through most of home. The first floor ceiling height reaches 11 ft. in most rooms. 

The center hall plan is finished with symmetrically molded surrounds, a turned baluster staircase, and original fireplace with its clean-lined mantel. Numerous original features remain and include fireplaces and mantels in many of the rooms.  The library has a custom built computer station & a wall of shelves.

The renovated kitchen is delightfully large and sunny, and features granite countertops and wonderful lighting. It opens with French doors to the dining room with its built-in china cabinet. The kitchen additionally features a walk-in pantry and rear mudroom that opens to a walled patio space, once an enclosed room, and leads to the large back lawn with alley off-street parking.

414 Park Avenue is just blocks from Salisbury's thriving Arts District, where Lee Street Theatre hosts community plays, music performances, comedy shows, and more.  The Rail Walk Studios & Gallery just around the corner hosts original works of 7 or more local artists. The Salisbury Farmer's Market is here on Saturday mornings April through October.

This Victorian home is a work in progress! This ca. 1891 property shows signs of standing through its history and the seller has priced it in relation to the average value of similar houses in the area with consideration for the work that needs to be finalized. The listing price of $179,000 reflects the remaining needed restoration vs. the grand scale of this 4000 square-foot home. The shingled roof is approximately 7-10 years old, and in good shape, and the flat roof over the rear bedroom was replaced in 2013.

Located in an Opportunity Zone, 414 Park Avenue is eligible for discounted capital gains tax, as well as Historic Rehabilitation Tax Credits. Opportunity Zone identifies an area with access to a new program to attract investment capital, created by federal tax legislation (Tax Cuts and Jobs Act (H.R.1), that offers qualified investors certain tax benefits when they invest capital gains into these areas.

 

Need to know more?  Call Greg Rapp with Salisbury Real Estate LLC at (704) 213-6846. This spacious treasure of a vintage home can be yours!

414 PARK AVENUE 
Salisbury, NC 28144 
CMLS #3883659
$179,000

Greg Rapp 
Salisbury Real Estate LLC 
704.213.6846 Mobile 
GregRappRealtor@gmail.com 
www.realestatesalisbury.net 88888