Active
601 Margrace Avenue
Kings Mountain NC, 28086
$5,048,050
$5.25 per sqft
Active
2 Baths
961,631 sqft
Commercial
Built in 1941
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.
3688961
MLSⓇ ID
December 19, 2020
Listed
March 14, 2024
Updated
Map
601 Margrace Avenue
Kings Mountain NC, 28086
Interior Features
Total Stories
1
Bathrooms
2 Baths
Floor Description
Carpet, Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Office Only
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Lot Size
22.08 Acres
Roof
Built-Up, Concrete, Metal, Steel, Wood
Sewer
Public Sewer
Other Property Details
Days on Market
572
Garage
No
Parking Total
1750
View
No
County
Cleveland
Water Source
City
Pool
No
Zoning
LI
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
---|---|---|
2/26/2024 | Active | — |