(864) 362-2375
$399,000
642 Shaver Street, Salisbury, NC 28144
1930YearYear Built
About This Home
Exceptional adaptive-reuse and redevelopment opportunity near Downtown Salisbury! Situated on approximately 4.32 acres, 642 S Shaver Street features an existing building of approximately 14,500 square feet with a unique former-school layout, multiple rooms, substantial interior space, and expansive grounds.
This property presents an exciting opportunity for an investor, developer, nonprofit, faith-based organization, educational operator, or owner-user looking to reposition a distinctive asset. Potential concepts may include multifamily conversion, senior or supportive housing, educational or training space, community or nonprofit use, office/institutional use, event or assembly space, or other redevelopment opportunities, subject to zoning, approvals, and feasibility.javascript:__doPostBack('m_lbSubmit','')
The property offers convenient access to Downtown Salisbury, major corridors, surrounding residential neighborhoods, and area amenities. With significant square footage and acreage already in place, this is an opportunity to create a transformative project rather than start from the ground up.
Property is offered AS-IS and requires renovation. Buyer to independently verify zoning, permitted uses, utilities, square footage, acreage, building condition, code requirements, and redevelopment feasibility with the appropriate governmental authorities. Bring your vision and explore the possibilities at this one-of-a-kind Salisbury property.
Location
Key Facts
Status: Active
Type: Commercial Sale
HOA Fees: $0
MLS: Canopy
MLS #: 4428352
Features
Special Purpose
Building
Land
Mortgage Calculator
$2,018Estimated monthly payment
Principal & interest only. Estimate for informational purposes — excludes taxes, insurance, and HOA dues.
History
Current list price: $399,000
Status: Active — For Sale
Days on market: 8
Last updated: Sep 25, 2026
Schools
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Listing courtesy of Rentercasa Buyercasa LLC
Source MLS #: 4428352
Last updated: Sep 25, 2026
Listing data is provided for consumers' personal, non-commercial use and may not reflect all real-estate activity in the market. Information is deemed reliable but is not guaranteed.