00 Martin Luther King Jr Avenue S, Salisbury, NC 28144
sale
$399,950
|
Commercial
Courtesy Of Lantern Realty & Development LLC
Attention Investors -Price Improvement on this Incredible opportunity to purchase ~1.4acres already zoned CMX with ~279 feet of road frontage on S MLK. Right across the street from the forthcoming new Partners In Learning school site.
Seller has initial City approval to build up to 12 townhomes on the site. The hard work has been done with the site plan completed and approved by the City (pending final easement plat and recordation) for 3 4-unit townhome buildings (12 units total).
Or, if preferred, with the current CMX zoning in place a new owner could potentially subdivide for single family homes, use the site for apartment building(s) or commercial use.
With the current zoning, size and road frontage, the possibilities really are endless with this site!
Seller is open to assisting buyer with continuing the development of the site and/or building for the buyer.
Seller has initial City approval to build up to 12 townhomes on the site. The hard work has been done with the site plan completed and approved by the City (pending final easement plat and recordation) for 3 4-unit townhome buildings (12 units total).
Or, if preferred, with the current CMX zoning in place a new owner could potentially subdivide for single family homes, use the site for apartment building(s) or commercial use.
With the current zoning, size and road frontage, the possibilities really are endless with this site!
Seller is open to assisting buyer with continuing the development of the site and/or building for the buyer.
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Property Features
- Architecture Style: Other
- Legal Description: TR2D 1.41AC
- MLSID: 3854939
- Roof Type: Unknown
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