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$130,000 -$10,000 (-7.14%) Price Reduced
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Property Description
Multi-unit investment property available. Suite A is 592 square feet and currently leased to a Salon. Suite B is 738 square feet and currently vacant providing a new owner with the opportunity and flexibility to negotiate with new tenants. New TPO roof in February 20222.
Full Property Details
Full Property Details for 618 N Salisbury Ave
General
- Price: $130,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4281546
- Updated: 5/7/2026
- Added to Site: 296 day(s) ago
Location
- County: Rowan
- City Limits: Yes
Structural Information
- Minimum Avail: 1,330 Sq. Ft.
- Year Built: 1929
Lot Features
- Street/Road Desc.: Paved
Disclosures and Reports
- Special Conditions: Subject to Lease
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 036 020
- Lot Number: 1394/87
Listed by Wallace Realty
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Schools
Schools serving 618 N Salisbury Ave
School District:Rowan-Salisbury Schools
| Name | Grades | Distance |
|---|---|---|
North Rowan Elementary School 600 Charles Street, Spencer, NC 28159 | PK-5 | 0.6 mi |
North Rowan Middle School 512 Charles Street, Spencer, NC 28159 | 6-8 | 0.4 mi |
North Rowan High School 300 North Whitehead Avenue, Spencer, NC 28159 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 618 N Salisbury Ave
Date
Details
Price
Change
Source
5/07/2026
Price Reduced
$130,000
-7.14%
MLS
7/15/2025
Listed
$140,000
27.27%
MLS
1/28/2022
Sold
$110,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 618 N Salisbury Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,161
—
$102,742
—
2023
$1,161
39%
$102,742
62%
2022
$834
—
$63,552
—
2021
$834
—
$63,552
—
2020
$834
—
$63,552
—
2019
$834
17%
$63,552
16%
2018
$711
—
$54,770
—
2017
$711
—
$54,770
—
2016
$711
—
$54,770
—
2015
$711
-13%
$54,770
-15%
2014
$813
2%
$64,567
—
2013
$795
—
$64,567
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 618 N Salisbury Ave
618 N Salisbury Avenue, Spencer, NC 28159 (MLS# 4281546) is a Commercial property. 618 N Salisbury Avenue is currently listed for $130,000 and was received on July 15, 2025. Want to learn more about 618 N Salisbury Avenue? Do you have questions about finding other Commercial real estate for sale in Spencer? You can browse all Spencer real estate or contact a Coldwell Banker agent to request more information.

