Income Portfolio -10 Warehouses & Office Bldg | 618-620 N Carolina Ave
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Income Portfolio -10 Warehouses & Office Bldg 618-620 N Carolina Ave
83,000 SF 100% Leased Industrial Building Maiden, NC 28650 £1,877,880 (£23/SF)
Investment Highlights
- Easy Access to Hwy 321/ I-40/I-85.
- The main original mill is not being used; however, it can be restored or renovated into additional useable space.
- Currently 66,000 SF is being leased with annual income of $103,920.
Executive Summary
Owner says PRICE NEGOTIABLE--A 9+ acre campus .Carolina Mills operated their national HQ on site. During the life span of the company, this site has been expanded to accommodate the growing industry and the changes & diversification in product offering . Today the site is used for offices that could be renovated for a school, training facility, call center and creative office space. With approximately 10 additional buildings on the campus and most are leased for distribution or light manufacturing tenants. On the campus are 5 warehouses @ 5000+ SF, 3 warehouses @ 6-8000 SF and 2 that total 11,500 SF. The warehouses are operable and leased. The office building is 17,000+/- SF which can be divided and retrofitted for many uses. The facility was built with grade A materials and has been maintained.
Property Facts
Utilities
- Water
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Great space for training, a charter school.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 17,000 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 17,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 17,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Great space for training, a charter school.
PROPERTY TAXES
| Parcel Number | 3647131419120000 | Improvements Assessment | £304,295 |
| Land Assessment | £101,719 | Total Assessment | £406,013 |
PROPERTY TAXES
Parcel Number
3647131419120000
Land Assessment
£101,719
Improvements Assessment
£304,295
Total Assessment
£406,013
zoning
| Zoning Code | M-1 (Any manufacturing, industrial, and office use) |
| M-1 (Any manufacturing, industrial, and office use) |
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Income Portfolio -10 Warehouses & Office Bldg | 618-620 N Carolina Ave
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