0 Beds

2 Baths

n/a SqFt

Active

With the public road & railroad frontage for these parcels, there is a great potential for subdividing the property for an industrial park for small businesses. There is approximately 13,037 cubic yards of "black gold" on the south end of the property with seasonal renewal by the city of Kings Mtn. In addition to the 11 buildings (Addenda A1 & A2) that can be leased once emptied, there are five large building pads that can be fenced in separately for construction companies or used to rebuild more square footage. There is an elaborate underground drainage system that keeps the property drained so there is relatively no standing water after a heavy downpour of rain. In addition, there are 5 large water storage tanks that can store up to 757,712 gal. of water for water suppression or use in commercial processing (Addenda A3 & A4). There is also additional steel structures on the ground to complete the front warehouse space and add an additional 18000 square footage of warehouse space.

Property Details
Price $5,048,050
Total Baths 2
Lot Size 4644x0x5170x113
Lot Size Area 22.076
Lot Size Area Units Acres
Acres 22.076
Property Type Commercial
Sub type Industrial
MLS Sub type Industrial
Stories 1
Year Built 1941
Roof Built-Up, Concrete, Metal, Steel, Wood
Heating Electric, Natural Gas
Foundation Slab, Other - See Remarks
Accessibility Two or More Access Exits, Garage Door Height Greater Than 84 inches, Zero-Grade Entry
Parking Spaces 1750
Geographic Data
Directions I 85 S, R off exit 4, TR onto Dixon School Rd., go 1 mile to the round-about & TR on Margrace Ave., property is 1.5 miles on the R.
County Cleveland
Latitude 35.223083
Longitude -81.364422
Address Information
Address 601 Margrace Avenue, Kings Mountain, NC 28086
Postal Code 28086
City Kings Mountain
State NC
Country United States
Listing Information
Listing Office Bunch Real Estate
Listing Office Phone 704-460-2450
Listing Agent Philip Bunch
Listing Agent Phone 704-460-2450
Sub Agency Compensation Type %
Buyer Agency Compensation 3.0
Attribution Contact psbunch1966@att.net
Sub Agency Compensation 3.0
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Estate
Terms Cash, Conventional, Lease Back
MLS Information
Days on market 572
MLS Status Active
Listing Date Dec 19, 2020
Listing Last Modified Feb 26, 2024
Tax ID 9840
MLS # CAR3688961

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This information is believed to be accurate, but without any warranty.