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642 S Shaver Street

Salisbury, NC 28144
  • $365,000
  • STATUS: Active
  • ON SITE: 139 Days
  • ID#: 4188096
UPDATED: 40 min ago
$365,000
  • 0
    BEDS
  • 4.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1926
County:
Area:

School Ratings & Info

Canopy MLS logo Offered by Realty Dynamics Inc.: 704-779-6194. Copyright 2025 Canopy MLS. All rights reserved.

Description

Historic Salisbury Foundation is seeking the right developer for this historic school on 4.32 acres! Lincoln School 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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T19:33:22.133 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

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642 S Shaver Street Salisbury, NC 28144

  • Price: $365,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 40 min ago
  • ID#: 4188096
0
Beds
0
Baths
0
½ Baths
4.32
Acres
1926
Built
County:
Rowan
Area:
Salisbury
Property Description
Historic Salisbury Foundation is seeking the right developer for this historic school on 4.32 acres! Lincoln School 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.
Exterior Features

Carport YN No Construction Materials Brick Full Construction Type Site Built Fencing Chain LinkFenced Foundation Details BasementCrawl Space Lot Features Other - See Remarks Other Parking Circular drive to the front entrance with additional drive to rear building/loading dock. Parking Features Circular Driveway Road Frontage Type City Street Road Responsibility Publicly Maintained Road Road Surface Type Paved Roof Shingle

Interior Features

Basement Exterior EntryStorage SpaceUnfinished Basement YN Yes Cooling None Flooring VinylWood Heating Other - See RemarksNone

Property Features

Auction YN No Building Features Loading Dock CCRSubject To Yes City Taxes Paid To Salisbury Hoa Subject To None Inclusions BuildingLand Inside City YN Yes Lease Considered YN No Listing Terms CashNonconforming Loan New Construction YN No Possible Use Commercial Property Sub Type Special Purpose Restrictions HistoricalSubdivision Restrictions Description Historic Salisbury Foundation is placing covenants on the property and plans will need to be submitted to the foundation for approval. CCRs available for you to view. Protective covenants by Historic Salisbury Foundation will follow the property into perpetuity. The foundation requires plans be submitted for approval. Certain historic features must remain intact. Property cannot be subdivided. Senior Community YN No Sewer Public Sewer Special Listing Conditions Undisclosed Utilities Other - See Remarks Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-02-18T19:33:22.133 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's Allstar Powerhouse brokered by eXp nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Rowena Patton's Allstar Powerhouse brokered by eXp
56 Central Avenue, Ste 201
Asheville NC, 28801
Canopy MLS logo Offered by Realty Dynamics Inc.: 704-779-6194. Copyright 2025 Canopy MLS. All rights reserved.