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Salisbury,NC 28144
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4188096
Year Built 1926
Lot Size 4.320 Acres
Acres 4.32
Property Description
Historic Salisbury Foundation is seeking the right developer for this historic school on 4.32 acres! Lincoln School has a rich history. It has been vacant for over two decades and is ready for a new owner. A use study has been performed by Belk Architecture to provide options for development, but other proposals are welcome. The school is situated between a residential area, a public city-owned pool, and the National Cemetery. Only a few blocks from historic downtown and a short drive to I-85, this could be the prime location for your business! Historic Salisbury Foundation is working to complete a National Register Nomination. The property is currently on the State Historic Preservation Office's study list and if the property receives the nomination, historic tax credits (40% for income producing projects) will be available for the restoration.
Location
State NC
County Rowan
Zoning IC-COMME
Rooms
Basement Exterior Entry,Storage Space,Unfinished
Interior
Heating Other - See Remarks,None
Cooling None
Flooring Vinyl,Wood
Inclusions Building,Land
Exterior
Fence Chain Link,Fenced
Utilities Available Other - See Remarks
Roof Type Shingle
Building
Lot Description Other - See Remarks
Dwelling Type Site Built
Foundation Basement,Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Others
Senior Community false
Restrictions Historical,Subdivision
Acceptable Financing Cash,Nonconforming Loan
Listing Terms Cash,Nonconforming Loan
Special Listing Condition Undisclosed