About 642 S Shaver Street
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.
Features of 642 S Shaver Street
| MLS® # | 4188096 |
|---|---|
| Price | $365,000 |
| Bathrooms | 0.00 |
| Acres | 4.32 |
| Year Built | 1926 |
| Type | Commercial Sale |
| Sub-Type | Special Purpose |
| Status | Active |
Community Information
| Address | 642 S Shaver Street |
|---|---|
| City | Salisbury |
| County | Rowan |
| State | NC |
| Zip Code | 28144 |
Amenities
| Utilities | Other - See Remarks |
|---|---|
| Garages | Circular Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other - See Remarks, None |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
| Basement | Exterior Entry, Storage Space, Unfinished |
Exterior
| Lot Description | Other - See Remarks |
|---|---|
| Roof | Shingle |
| Construction | Brick Full |
Additional Information
| Date Listed | October 1st, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Realty Dynamics Inc. |
|---|