New Listing
642 S Shaver Street , Salisbury, NC 28144
Salisbury, NC 28144
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.
Details
| MLS# | 4188096 |
|---|---|
| Listing Type | For Sale |
| Style | Special Purpose |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 6 |
| Listing Provided By | Realty Dynamics Inc. | Stephen Scott |
Features
| Basement | Y |
|---|---|
| Building(s) | 3 |
| Acreage | 4.32 |
Market Activity 28144
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Learn More About This Property
| State | NC |
|---|---|
| County | Rowan |
| City | Salisbury |
| Zip Code | 28144 |
| Area | Rowan |
| Listing VS Median (in 28144) | |
Price: $365,000 low | high Med: $260,000 On Site: 6 low | high Med: 6.000000 | |