Circa 1896 Beaux Arts Building in Downtown Salisbury - FOR SALE!

UPDATE 9/1/2022:  Price is now $599,000!  

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Realtor® Greg Rapp with Salisbury Real Estate presents a special opportunity to own a circa 1896 2-story Beaux Arts building in the historic Hedrick Block 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 just under 5,000 square feet of space, and exterior lighting that spotlights the beautifully ornate front façade with arched windows, a decorative frieze and window pediment, bordered by beautiful rusticated granite pilasters.

Welcome to the prestigious Hedrick Block at 125 South Main Street in downtown Salisbury!

A gift shop for the past fifteen years, this Class-A retail space at 125 S. Main Street offers 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. This story could easily accommodate two upper apartments with the potential for a third apartment located on the first floor rear of the building.  A second egress at the rear staircase brings you back down to the first floor.

The building offers the large front retail space, with two additional rooms for storage, office, or other at the rear.  The buildings single bathroom is additionally in the rear space.  

The rear staircase takes you up a half-level to where the mezzanine lies, and here, a small office is between the 1st and 2nd floors.

Abundant parking conveys at the rear of the building - a rare commodity in the downtown - and 2-hour on-street parking surrounds the block on Main Street and adjoining side streets. Located in an Opportunity Zone, 125 S. Main Street is 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. 

Main Street, or US Highway 29, through the downtown district in Salisbury has just undergone Phase 1 of a new streetscaping project: The Downtown Main Street Plan.  Phase 2 planning is underway, creating an exciting and inviting streetscape for visitors, residents, and merchants alike. Many of the historic downtown buildings are experiencing a surge of development: The Bell Block Building (ca. 1898); Alley & Main (ca. 1890); Lofts on Innes (ca. 1882), The Bernhardt Luxury Lofts (ca. 1882), and more ~ all creating new residential opportunities here! You'll be right on trend when you purchase this charmer, loaded with potential, at 125 S. Main Street!

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.

Location, Location!

Located just one mile from the I-85 exchange, within the downtown "Social District", and close to unique shops, theaters, restaurants, breweries, nightlife, and the beautiful $13M Bell Tower Green center-city park, this section of the downtown is a magnet for foot traffic attending plays at the nearby community theater, walking to shops, City of Salisbury offices, and other downtown attractions.

While the tax card indicates 125 S. Main Street was built in 1910, the National Registry of Historic Places for the Salisbury Historic District states the structure was built in 1887. The historic plaque for the Hedrick Block states the build date as 1896, perhaps from when the buildings were rehabilitated after a fire during that era.  The current owners performed extensive renovations in 2007-2008 to restore much of the 1800s grandeur that had been covered with aluminum siding when they purchased this historic building. The shop has been an iconic destination in the downtown, complete with rides on 'Champion', the mechanical coin-operated horse ride for children...always a favorite.

Schedule your exclusive private showing

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 doesn't come along every day. To schedule your private showing of this prestigious location, call listing agent 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 this building in the circa 1896 Hedrick Block  yours!!

125 S. Main Street 

Salisbury, NC 28144
CMLS #3889728
$625,000 $599,000

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

Buyer was in crunch time ~ but now has a new bungalow!

This super charming circa 1926 Arts & Crafts Bungalow is now a new home for a new-to-Salisbury family! 715 N. Fulton Street in the City Park historic neighborhood is SOLD ~ thanks to Realtor® Greg Rapp with Salisbury Real Estate LLC!

In this sellers' market, it was a challenge to find the right place for a small family that both fit the buyer's needs and didn't sell right out from under us with lightning speed! To make the 'challenge' even more fun....the buyer had a defined timeline to secure a new home! But we DID IT!! 

Selling your home? Greg Rapp, Salisbury/Rowan's expert when it comes to vintage homes and properties, has the buyers, and more often than not, Salisbury Real Estate's market reach brings buyers from outside the Salisbury/Rowan area who are attracted to the area's history, vintage homes, and laid-back lifestyle with all the perks of a bigger metropolitan area (but without the traffic jams and high cost-of-living!): Symphony, Art Gallery, Public Library, community theatres, microbreweries, bakeries, restaurants, and nightlife brimming with live music....and no traffic jams! 

List with Greg Rapp | Salisbury Real Estate LLC, and we will make it happen during this seller's market!  

715 N. Fulton Street

Salisbury NC

CMLS#3862475

$243,000 SOLD $250,000

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

Laid-Back Living in a Custom-Built Brick Ranch in Eagle Heights

The ranch architectural style is like jazz and great cheeseburgers -- it’s an art form unique to America. Low-slung ranch homes were first built in the 1930s and spent the next four decades popping up like mushrooms all over the countryside. Ranch homes are now enjoying a return to vogue, mostly as custom-built homes. Ranch homes are synonymous with laid-back living. They emphasize the family-friendly backyard, usually connected to the kitchen or den area and leading to a patio or deck. It’s hard to picture a ranch house without a barbecue grill out back, isn’t it? Let Realtor® Greg Rapp with Salisbury Real Estate show you what laid-back living can be all about!

Welcome to 427 Wake Drive in Salisbury, North Carolina! 

You'll experience the definition of laid-back living in this solid custom-built, all brick,  ranch home.  This 3-bedroom home sits on almost a half-acre in the Eagle Heights subdivision toward the outskirts of the city of Salisbury. Though ranch homes originated in the 1930s, they were ahead of their time in featuring the wide, open-concept floor-plans that are in vogue today. An open ranch house floor-plan makes it easier to entertain, bringing together the kitchen, living room, and dining room, and helps capture natural light in every room of the house. And with their brick exterior, just one floor, and a low-pitched roofline, ranch homes make for easier exterior maintenance and repair. With these key benefits of living in a ranch house, it’s not hard to see why more and more people are growing interested in ranch style home designs. 

The details:

Enter 427 Wake Drive through a handsome front entry, and you'll head to the right to a spacious, sun-filled living room - dining room combo. New Andersen windows welcome loads of natural daylight in to this warm, open room. 

The eat-in kitchen boasts a classic and cheerful black and white check floor, with lots of walnut cabinetry, paneled wainscoting and chair rail, and a charming breakfast nook. 

A wonderful sprawling wood-paneled den with tile flooring (easy upkeep!) leads to a 12x16 deck overlooking the spacious, graciously sloping, fenced back yard.

The home was professionally landscaped by Godley's Garden Center in 2012 with handsome specimen shrubs and an impressive red Japanese maple. Rain barrels collect water from the gutters. The driveway leads to a carport and storage shed/workshop at the rear of the home.

427 Wake Drive, a circa 1981 home, has a newer roof (approx 2018), an approximately 11-year old HVAC system, and a newer water softener system. 

Like the concept of the classic ranch house, 427 Wake Drive embraces open spaces and the connection between indoor and outdoor living. The architectural art form was pioneered in such a way so that each room could benefit from sunshine and warm breezes, with doors and windows designed to let in as much light and view as possible while connecting the living space directly to outdoor spaces. And...the desirable Eagle Heights subdivision welcomes you into a mature neighborhood with winding roads and mature shade trees ~ close to the Salisbury Greenway, Novant Health Rowan Regional Hospital, and a short drive to Salisbury's vibrant downtown with restaurants, unique shops, nightlife, and the new $13M Bell Tower Green city park.

To get your laid-back living adventure started, call Greg Rapp with Salisbury Real Estate LLC: 704.213.6846.  Your personal tour of your new ranch home awaits!  427 Wake Drive is calling you home!

427 Wake Drive
Salisbury NC 28144
CMLS #3880302
$259,000

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

Spencer NC Gets HUGE Revitalization Grant! Live in Spencer! Buy/Sell with Salisbury Real Estate LLC!

Big news is on the horizon for The Town of Spencer, North Carolina!

Home of the North Carolina Transportation Museum, Spencer NC is a recipient of an award in the amount of $900,000, from the Rural Transformation Grant Fund. funded by the federal American Rescue Plan. Spencer is one of 15 communities receiving funding in the Downtown Revitalization Category. The Town’s application was part of a strategy to assemble funding for their proposed central Town Park.

Spencer NC is also home to the nation's largest contiguous historic district, with neighborhoods filled with beautiful homes ranging from the late 1800s through the early 1940s.  Tree-lined streets, a library park, and more make Spencer a special place to be in central North Carolina.

Realtor® Greg Rapp just sold this vintage circa 1928 bungalow ~ FILLED with original period details. Original shiplap and beadboard walls, an amazing butler's pantry with a wall of built-ins in a sweet little breakfast room, and more built-in shelves, drawers, and closets than you'd expect in a home of this era . . . each cedar-lined! Claw-foot tubs?  YES! Honeycomb tile work? YES!!  All the vintage details one seeks and loves in an older home!

Spencer is blossoming!  And a vintage home here will cost a buyer MUCH less than a similar home in the Charlotte-Mecklenburg area...we are talking HUGE savings.

Get the quality, character, and charisma of a historic home and keep some cash in your bank account...by calling Greg Rapp with Salisbury Real Estate LLC: 704.213.6846.  Greg is the area's expert on vintage and historic houses and properties and can help you maneuver the intricacies of purchasing an older home.  Let's do this!

206 Rowan Avenue
Spencer, NC 28159
CMLS#3848427
$139,900 SOLD!!

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

Dual Investment and Restoration Opportunity in Historic Fulton Heights! Multiplex Arts & Crafts Apartment Houses FOR SALE!

 

This investment opportunity is extra special! It's not often you'll find not one but TWO handsome 2-story, all-brick early 1900s apartment buildings in a beautiful historic district for sale! Realtor® Greg Rapp with Salisbury Real Estate LLC is the agent to call - 704.213.6846 - to secure this dual investment and restoration opportunity in Historic Fulton Heights in Salisbury, North Carolina - this special 8-plex property!

Welcome to the stately Hanford House at 1102 S. Fulton Street! 

The two brick apartment buildings here sit on a single parcel in the desirable Fulton Heights Neighborhood of Salisbury, North Carolina. One building faces Fulton Street, the other faces Elm Street. 

1102 Fulton Street, listed in the National Registry of Historic Places as The Hanford House, is a massive example of circa 1903-1909 brick Arts & Crafts architecture, boasting a fascinating roof line, two beautiful offset covered porches with handsome square brick columns, two formal entries - one facing Fulton Street and the second facing Elm Street, and a decorative metalwork balcony. Many of the original 12-over-1 windows are intact! This beautiful building, characterized by its groupings of three windows, was originally constructed as an apartment building. The beautiful historic Chestnut Hill Cemetery is across the street.

The (103) Elm Street structure is also solid brick but in the Colonial Revival style with a charming front columned portico.  This building's 9-over-one windows are largely intact. This structure, listed in the Fulton Heights Historic District National Registry, was built at a later date ~ circa 1940. 

Each building includes (4) 1-bedroom units each, for a total of (8) 1-bedroom apartments with  consistent rental histories at $4200 per month total (with room for modification). All units are occupied.

The 1102 Fulton building has a shared water meter. The Elm Street building has 4 separate water meters. All units have their own electric meter, plus one common-area meter at 1102. Two units were refurbished in 2019, and exterior trim is all freshly painted 2022. The properties are bordered by a charming, short granite retaining wall that increases in height as you move from Fulton Street to Elm Street.

Some TLC is needed here, but this single-parcel, double-building investment property will make a solid start or addition to your rental portfolio. 

Both structures are located in the Fulton Heights Historic District and listed on the National Registry of Historic Places, but do not fall under City of Salisbury HPC oversight for exterior changes.  This property is in a neighborhood known for its friendly grid of sidewalks, charming historic bungalows, and its own community park. The vibrant downtown district of Historic Salisbury - with unique shops, restaurants, public library, and two microbreweries - is just blocks away. The beautiful Bell Tower Green city central park is also nearby.

An investment like this does not come along every day!  Give Realtor® Greg Rapp with Salisbury Real Estate LLC a shout today to secure your offer on this 8-plex property, and start cashing in!

1102 Fulton Street 

Salisbury, NC 28144 

CMLS#3870811

$675,000

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

On Top of the World ~ Views, Urban Living, & Central Location. Condo for Sale in Historic Downtown Salisbury!

 

You'll feel like you're in the center of the universe...sitting on top of the world.. in this third story urban condo in the Firehouse Urban Lofts in downtown Salisbury, North Carolina!  Realtor® Greg Rapp with Salisbury Real Estate LLC has got THE place for you, maintenance free, and the ultimate in downtown living!  Call NOW to see:  704.213.6846 ... and read more here:

Welcome to 216 E. Fisher Street in the Firehouse Urban Lofts!

This modern brick and corrugated metal building in the center of the historic downtown places you in a hub of activity: walk to wood-fired pizzeria, the public library, a plethora of unique shops and restaurants, one of two microbreweries, a yoga and health center, and more!

This corner condominium on the top floor of the Firehouse Urban Lofts offers elevator, sprinkler system, soaring ceilings, and, as we said, a very central location! 

You'll love the gleaming oak hardwood floors found throughout this one-bedroom suite.  And you'll love the flood of daylight streaming through the amazing nearly floor-to-ceiling windows, and two sets of sliding glass doors open to cross-breezes from the two private balconies with views of the city, a small pocket-park across the street, and Dunns Mountain off in the distance.

The open kitchen design, with handsome granite counters, lets the cook overlook the living area with its cozy fireplace.  Above the fireplace, a built-in TV nook creates a sleek hide-away for the tube!

Originally designed as a 2-bedroom unit, the second bedroom is open-concept, flowing into the living space.  The room can be utilized as dining room, library or den, but would be wonderful as a guest room/office . . or add doors / walls for privacy. The main bedroom is down a hall, off and away from the living areas, offering the ultimate in privacy.

A stacked washer/dryer are conveniently located in a tiny laundry room.  A large closet does double-duty to hide the water heater.

The commercial ground level here is home to a wood-fired pizzeria. To the back of this popular restaurant is spacious brick patio overlooking a central greenspace - a tiny oasis in this urban setting accessed via your locked and coded gate.

The HOA at the Firehouse Urban Lofts, named for its impressive neighbor (the circa 1897 historic firehouse), covers the master insurance policy, Internet service, exterior maintenance, and more. 

The Firehouse Urban Lofts are centered in Salisbury's "Entertainment District": The Norvell Theatre across the street, historic Meroney Theatre nearby, restaurants, Bell Tower Green Park, a quiet haven with three acres of green space, trees, and gardens providing shelter from the busy sidewalks and pavements of the surrounding downtown streets where everyone can enjoy nature in Historic Downtown Salisbury, and a variety of unique shopping within 1-4 block walk. The building offers a private parking lot, and there is plenty of municipal and/or private parking lots & street parking in the vicinity. Salisbury's historic Amtrak depot is nearby; I-85 travel is 1-mile away ~ providing easy access to nearby municipal hubs such as Charlotte, Greensboro, & Winston-Salem ~ all approximately an hours-drive or less from Salisbury center. 

Firehouse Urban Lofts, surrounded by the central Salisbury Historic District and at the edge of the Brooklyn South Square Historic District, is an award-winning circa 2006 mixed-use development in downtown Salisbury on a former gravel parking lot. The project was honored with the 2007 NC Main Street Best New Construction Award and was instrumental in the revitalization of the East Fisher Street Entertainment District.

Photo credit: Uptown Salisbury NC, Facebook.com/UptownSalisburyNC/

When you're ready to sit on top of the world, in a maintenance free condominium...give Realtor® Greg Rapp with Salisbury Real Estate LLC a call:  704.213.6846.  Let Greg show you the amazing life-style that downtown living in this vibrant small city offers!  

216 E Fisher Street
Salisbury, NC 28144
CMLS#3867732
$239,000

Photo credit: Uptown Salisbury NC, Facebook.com/UptownSalisburyNC/

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