642 S Shaver ST Active

Salisbury,NC 28144

$ 365000

- Bed

- Bath

- SqFt


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 was the first school for African Americans in Salisbury and 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

Parking Type Circular Driveway

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

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