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$ 399,000
Est. payment | /mo
4.32 Acres Lot
$ 399,000
Est. payment | /mo
4.32 Acres Lot
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4428352
Year Built 1930
Lot Size 4.320 Acres
Acres 4.32
Property Sub-Type Special Purpose
Property Description
Exceptional adaptive-reuse and redevelopment opportunity near Downtown Salisbury! Situated on approximately 4.32 acres, 642 S Shaver Street features an existing building of approximately 14,500 square feet with a unique former-school layout, multiple rooms, substantial interior space, and expansive grounds.
This property presents an exciting opportunity for an investor, developer, nonprofit, faith-based organization, educational operator, or owner-user looking to reposition a distinctive asset. Potential concepts may include multifamily conversion, senior or supportive housing, educational or training space, community or nonprofit use, office/institutional use, event or assembly space, or other redevelopment opportunities, subject to zoning, approvals, and feasibility.javascript:__doPostBack('m_lbSubmit','')
The property offers convenient access to Downtown Salisbury, major corridors, surrounding residential neighborhoods, and area amenities. With significant square footage and acreage already in place, this is an opportunity to create a transformative project rather than start from the ground up.
Property is offered AS-IS and requires renovation. Buyer to independently verify zoning, permitted uses, utilities, square footage, acreage, building condition, code requirements, and redevelopment feasibility with the appropriate governmental authorities. Bring your vision and explore the possibilities at this one-of-a-kind Salisbury property.
This property presents an exciting opportunity for an investor, developer, nonprofit, faith-based organization, educational operator, or owner-user looking to reposition a distinctive asset. Potential concepts may include multifamily conversion, senior or supportive housing, educational or training space, community or nonprofit use, office/institutional use, event or assembly space, or other redevelopment opportunities, subject to zoning, approvals, and feasibility.javascript:__doPostBack('m_lbSubmit','')
The property offers convenient access to Downtown Salisbury, major corridors, surrounding residential neighborhoods, and area amenities. With significant square footage and acreage already in place, this is an opportunity to create a transformative project rather than start from the ground up.
Property is offered AS-IS and requires renovation. Buyer to independently verify zoning, permitted uses, utilities, square footage, acreage, building condition, code requirements, and redevelopment feasibility with the appropriate governmental authorities. Bring your vision and explore the possibilities at this one-of-a-kind Salisbury property.
Location
State NC
County Rowan
Zoning IC-COMME
Rooms
Basement Unfinished
Interior
Inclusions Building, Land
Exterior
Street Surface Concrete
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Restrictions No Restrictions
Special Listing Condition Undisclosed
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Courtenay Burke • Rentercasa Buyercasa LLC • cburke@rentercasa.com
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