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122 E Innes St, Salisbury, NC, 28144

2beds
3baths
9,698sqft
$1,099,000
$113price/sqft
$8,397/moest. monthly cost
$335,880/yrincome needed

About This Home

Contemporary mixed-use property in historic Downtown Salisbury offering approximately ±10,000 SF and exceptional flexibility. Zoned DMX – Downtown Mixed-Use, this property allows for a wide range of commercial, residential, or live/work uses. The building features expansive open spaces across multiple levels, a beautiful top-floor loft, and a freight elevator. The layout has been approved to be divided into up to three separate spaces, making it ideal for investors, owner-users, or redevelopment. Additional features include a two-car garage, rear alley access, strong architectural character, and close proximity to restaurants, retail, offices, and cultural destinations. HOA in place with no HOA dues. Free public parking nearby with 2-hour business parking available. Also listed as commercial MLS# 4343142 Prime Downtown Salisbury location with excellent visibility, access, and redevelopment potential.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

--
Knox Middle SchoolGrades 6-81.4 mi
3/10
Salisbury High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1924

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick Full

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Refrigerator
  • Laundry features: Upper Level

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Area

  • Level: Upper

Features

  • Finished area below ground: 0
  • Finished area above ground: 9,698

Great Room

  • Level: Upper

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 9,698
  • Total interior livable area: 9,698 sqft

Kitchen

  • Level: Upper

Laundry

  • Level: Upper

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Main

Workshop

  • Level: Main

Property

Details

  • Parcel number: 0105555
  • Zoning: DMX Mix - use
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main

Lot

  • Lot size: 0.12 Acres

Parking

  • Total spaces: 2
  • Parking features: Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Tornado

FEMA Declared Disasters in Rowan County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,557$66,684
Home Insurance *$662$7,944
Property Taxes $1,275$15,300
Electricity $903$10,839
Total$8,397$100,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$287,897/yr
40% on housing$251,910/yr
45% on housing$223,920/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.7%
13.7%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 6.8%
6.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$113This listing

vs Other Active Listings

Avg $/sqft

ZIP 28144$130
Rowan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28144$171
Rowan County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Price change$1,099,000
2026-02-07Listed for sale$1,200,000
2021-05-23Listing removed--
2021-02-22Listed for sale$550,000
2019-08-07Sold$440,000
2019-06-12Pending sale$449,000
2018-10-18Listed for sale$449,000
2013-06-18Sold$220,000
2011-12-29Sold$374,000

For Sale by Agent

AgentMichelle Bennett
BrokerageThe Nichols Company

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