March 24, 2023

Circa 1896 Beaux Arts Building in Salisbury NC - SOLD by Salisbury Real Estate LLC

Realtor® Greg Rapp with Salisbury Real Estate has finalized this special opportunity to own a circa 1896 2-story Beaux Arts building in the historic Hedrick Block in downtown Salisbury, North Carolina and identified on the National Registry of Historic Places. Along a pretty tree-lined stretch of South Main Street in the heart of Salisbury's vibrant downtown commercial district, you'll find this attractive brick building with nearly 5,000 square feet of space and beautifully ornate front façade with arched windows, a decorative frieze and window pediment, bordered by beautiful rusticated granite pilasters. BUT . . . this opportunity has come and gone!

125 South Main Street in downtown Salisbury is SOLD by Greg Rapp / Salisbury Real Estate LLC!

A gift shop for the past fifteen years, this Class-A retail space at 125 S. Main Street offered a deep ground-level floor with slat-wall interior, soaring original tin ceilings, carpeted floors, and a mezzanine overlooking the shop. The front door is deeply inset between large display windows that stream natural light. A separate front door leads to a private staircase to the second story where you'll find a blank slate ready for conversion to residential living spaces. Here, a huge expanse of original wood floors reflect the light from the arched windows. And today 125 S. Main Street has new owners!

The sale of this amazing downtown building closed St. Patrick's Day, a fitting celebratory day!  

Are you looking for that amazing opportunity to own a building in Historic Downtown Salisbury?  Greg Rapp knows the historic market, both commercial and residential, and can guide you towards more opportunities.  Call Salisbury Real Estate LLC at 704.213.6846 to learn more! 

More info:

The downtown area in Salisbury is a designated Opportunity Zone, and many buildings here are eligible for discounted capital gains tax, Historic Rehabilitation Tax Credits, and City of Salisbury facade grants. 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. 

Shops and businesses within Salisbury's Municipal Service District (MSD) are supported by Downtown Salisbury, Inc. ~ an accredited Main Street North Carolina organization. The Main Street NC program works to stimulate economic development within the context of historic preservation, using a comprehensive approach to downtown revitalization to assist communities across the country. The programs uses a 4-point comprehensive revitalization process designed to improve all aspects of a downtown that includes (1) Organization: Building partnerships and effective management; (2) Promotion: Reestablishing downtown as a compelling place for shoppers and investors; (3) Design: Enhancing the visual quality of the downtown; and (4) Economic Vitality: Strengthening the existing economic assets of the business district while diversifying its economic base.

Schedule your visit to Salisbury NC to see more opportunities!

This opportunity to host your business in your own historic building, and perhaps create your own live/work environment, in the center of a vibrant downtown, has come and gone . . . but that doesn't mean there aren't others! To schedule your visit and learn more, call Greg Rapp at 704.213.6846. Greg is the area's expert when it comes to vintage homes and buildings in Salisbury and surrounding Rowan County, and can help you with the ins-&-outs of owning a building in an historic district. Call today to make a vintage building in Downtown Salisbury yours!!

125 S. Main Street 
Salisbury, NC 28144
CMLS #3889728
SOLD ($500,000)

Greg Rapp 

Salisbury Real Estate LLC 
704 213 6846 Mobile 

No comments:

Post a Comment