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20,000 sqft

$1,500,000

131 E Innes Street, Salisbury NC, 28144

Price per sqft$75.00
Property size20,000 sqft
Property typeCommercial

Overview

Active

Listed Feb 24, 2026

Updated 18h ago

The Hardiman Building presents a rare opportunity to acquire a fully renovated historic mixed-use investment property located in the heart of Downtown Salisbury’s premier retail corridor. Situated prominently on the corner of East Innes Street, the city’s primary commercial and pedestrian thoroughfare, the property benefits from strong visibility, consistent foot traffic, and proximity to Salisbury’s most established restaurants, boutiques, and local businesses. Originally constructed with historic character and architectural significance, the building has undergone an extensive renovation totaling approximately $2 million in capital improvements, completed with approval from the Historic Salisbury Foundation. The result is a beautifully restored asset that blends historic charm with modern infrastructure and tenant functionality. The ±20,000 square foot building spans 3 levels including a basement, featuring a diversified mix of retail and office tenants that provide immediate in-place cash flow. The first floor is anchored by a well-established restaurant tenant that has successfully operated in the location for over 10 years, benefiting from strong downtown demand and visibility along Innes Street. Each level is separately metered, allowing for operational flexibility and efficient expense management. The property includes an elevator servicing multiple floors, enhancing accessibility and long-term tenant appeal. With income, significant recent renovations, and a prime corner location within Salisbury’s revitalized downtown district, The Hardiman Building offers investors a turnkey historic asset with both stability and long-term upside potential.

 

Courtesy of Azeem Hassan

Based on information from DASH - Coldwell Banker (CB) as of 10/14/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 2:43 PM UTC, 10/14/2026

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