Office at 1108 S Salisbury Avenue, Spencer
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$380,000

1108 S Salisbury Avenue
Spencer, NC 28159
Listed by Joseph Rusher · Century 21 Towne and Country
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1910

About this home

Public Remarks This is a rare opportunity to acquire a meticulously renovated, 5,989 total square foot commercial hub situated on .54 acres across three parcels in Spencer. The property is currently owner-occupied by a consulting firm that will be vacating upon sale, offering a "plug-and-play" headquarters for a professional service, medical user, or retailer. The 2,989 square foot main level is thoughtfully designed with a dual-zone layout; while the front is ideal for high-end office use, the back is a proven revenue generator currently utilized for various classes and community events. This configuration allows a new owner to establish their own business in the primary suite while immediately benefiting from the existing traffic and income potential of the event space. The building has undergone an extensive top-to-bottom renovation that ensures a maintenance-free transition for the next owner. The interior boasts brand-new, thick commercial-grade LVP flooring, new vinyl ceiling tiles, and modern LED lighting throughout. Critical infrastructure has been modernized with new hot water lines, updated electrical outlets, and a secure new front entry door. Both bathrooms have been fully renovated, and the entire structure features fresh interior and exterior paint. For those needing additional utility, the property includes a massive 3,000 square foot unfinished basement equipped with a large bay door, perfect for heavy storage, a workshop, or future expansion. The exterior of the property is just as impressive as the interior, featuring significant site improvements designed for longevity and ease of use. A brand-new paved parking lot provides professional curb appeal at the front, complemented by fresh concrete work around the entrance, while the rear of the property features new gravel and a backyard that has been professionally graded for optimal drainage. The HVAC unit is 7 years old and with .54 acres of land, there is ample room for parking, outdoor storage, or further development. This is a unique chance to own a fully updated, income-capable asset that is ready for immediate occupancy!

Property details

MLS
Canopy MLS
MLS #
CAR4412037
Property type
Office
Subdivision
N/A
Status
Active
Days on market
49
On market date
August 6, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
North Rowan Elementary
1.48 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
400
Student:teacher ratio
12.9:1
District
Rowan-Salisbury Schools
Middle
North Rowan Middle
1.47 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
476
Student:teacher ratio
15.4:1
District
Rowan-Salisbury Schools
High
North Rowan High
1.13 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
559
Student:teacher ratio
14.7:1
District
Rowan-Salisbury Schools

Walkability

Blended score for Spencer's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes10
Grocery stores5
Parks9
Schools4
Transit stops20
Pharmacies1

Mortgage calculator

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Est. monthly payment
$2,438/mo
$76,000 down
$304,000 loan
Principal & interest$1,972
Property tax (est.)$317
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 27 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.