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

Courtesy of Bunch Real Estate with Philip Bunch,
Listing Contact: [email protected] 
 
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