131 E Innes Street, Salisbury, NC

Retail for Sale - $2,000,000 - 20,000 Sq. Ft.


Agent Info

Azeem Hassan
Coldwell Banker Realty

Property Info

CIMLS#1188053
Location
  131 E Innes Street
  Salisbury NC 28144
UpdatedFebruary 24th, 2026
TypeRetail
Price$2,000,000
Building20,000 Sq. Ft.

Property Description

The Hardiman Building presents a rare opportunity to acquire a fully renovated historic mixed-use investment property located in the heart of Downtown Salisbury’s premier retail corridor. Situated prominently on the corner of East Innes Street, the city’s primary commercial and pedestrian thoroughfare, the property benefits from strong visibility, consistent foot traffic, and proximity to Salisbury’s most established restaurants, boutiques, and local businesses.

Originally constructed with historic character and architectural significance, the building has undergone an extensive renovation totaling approximately $2 million in capital improvements, completed with approval from the Historic Salisbury Foundation. The result is a beautifully restored asset that blends historic charm with modern infrastructure and tenant functionality.

The ±20,000 square foot building spans 3 levels including a basement, featuring a diversified mix of retail and office tenants that provide immediate in-place cash flow. The first floor is anchored by a well-established restaurant tenant that has successfully operated in the location for over 10 years, benefiting from strong downtown demand and visibility along Innes Street.

Each level is separately metered, allowing for operational flexibility and efficient expense management. The property includes an elevator servicing multiple floors, enhancing accessibility and long-term tenant appeal.

With income, significant recent renovations, and a prime corner location within Salisbury’s revitalized downtown district, The Hardiman Building offers investors a turnkey historic asset with both stability and long-term upside potential.


Financials



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