601 Margrace Avenue, Kings Mountain, NC

$5,048,050

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22.08

Acres

About 601 Margrace Avenue

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.

Features of 601 Margrace Avenue

MLS® # 3688961
Price $5,048,050
Bathrooms 0.00
Acres 22.08
Year Built 1941
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 601 Margrace Avenue
City Kings Mountain
County Cleveland
State NC
Zip Code 28086

Amenities

Utilities Electricity Connected, Fiber Optics, Gas, Phone Connected
Parking Spaces 1750
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Electric, Natural Gas
Cooling Office Only
Fireplace No
Has Basement No

Exterior

Roof Built-Up, Concrete, Metal, Steel, Wood
Construction Block, Brick, Metal

Additional Information

Date Listed December 19th, 2020
Days on Market 626
Zoning LI
Foreclosure No
Short Sale No

Listing Details

OfficeBunch Real Estate

Listing Map

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