For Sale
Active Under Contract
$1,500,000
3083 & 2171 Nc 18 Us 64 Highway
Morganton,
NC 28655
Excellent opportunity to acquire a Cash-flowing Commercial Investment – 2 separate properties/buildings with 1 tenant. $12,875 of gross monthly income with scheduled increases! Currently leased to a well-established & stable woodworking manufacturer, these properties provide over 34,000 sq ft of versatile space suitable for manufacturing, cabinet/woodworking, warehousing, and much more. According to recent appraisal, the locations see between 10,000 and 10,500 cars per day. Industrial Zoning allows for many uses (see attached Table of Uses from County). BUILDING #1 (street number 3083) has a Fire Hydrant on site and consists of 24,460 sq ft of total building space, including 368 sq ft of Office area, 24,092 sq ft of warehouse/shop area, 4 restrooms, 16'10" ceilings, 460V & 240V 3-phase electrical service, 3 Drive-In Garage Doors, 2 Dock High Doors, Loading Dock, industrial fans/several wall units for cooling, & a top-of-the-line Dust Collection System throughout. BUILDING #2 (street number 2171) is located directly across from Fire Department and consists of 10,047 sq ft of total building space, with 697 sq ft of Office area, 9,350 sq ft of warehouse/shop area2 restrooms, 12'10'' ceilings, 460V 3-phase electrical service, 3 paint/spray booths, 3 Drive-In Garage Doors, & central A/C in the office. Both buildings have propane gas heaters as well as their own wood furnace heaters (which they tend to rely on) for heat. Don't miss this wonderful opportunity to obtain monthly cash flow! Contact agent ASAP to schedule a showing!
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Listing Agent: Rusty Davis | Office: Rus/D Real Estate
Listings courtesy of Canopy MLS
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