848 Southfork rd - THE LABORATORY MILL
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848 Southfork rd - THE LABORATORY MILL
23,103 SF Speciality Building Offered at £4,216,256 in Lincolnton, NC 28092
Executive Summary
The Laboratory Cotton Mill, circa 1887, has overlooked the South Fork River in Lincoln County, NC for 134 years. Fully restored and ready for the next chapter, the mill is available for purchase. It is currently in use as a successful event venue.
The mill features 23,103 square feet of event space that also holds potential for future adaptive reuse as corporate offices, mixed-use, boutique hotel with restaurant, microbrewery, residential, and more.
Current upgrades already in place include fully restored floors, beams, walls and rebuilt windows with double-pane glass. Original Queen Anne/Victorian architectural features remain. Additional features include new 70-ton HVAC system, new standing-seam metal roof, underground 3-phase power, Phase 1 and Phase 2 Environmental Studies complete, ample paved parking, ADA compliant entrances and ADA compliant modern restrooms, two separate kitchens with trench drain in lower level kitchen to support microbrewery and infrastructure in place for future restaurant kitchen.
The mill is located in the northwest section of the Charlotte Metro region. It is accessible to both Interstate 40 and Interstate 85 via 15-minute drive on dual-lane Highway 321. Charlotte Douglas Airport is approximately 30 minutes away. Multiple tax credits are available for future adaptive reuse of the mill.
The mill features 23,103 square feet of event space that also holds potential for future adaptive reuse as corporate offices, mixed-use, boutique hotel with restaurant, microbrewery, residential, and more.
Current upgrades already in place include fully restored floors, beams, walls and rebuilt windows with double-pane glass. Original Queen Anne/Victorian architectural features remain. Additional features include new 70-ton HVAC system, new standing-seam metal roof, underground 3-phase power, Phase 1 and Phase 2 Environmental Studies complete, ample paved parking, ADA compliant entrances and ADA compliant modern restrooms, two separate kitchens with trench drain in lower level kitchen to support microbrewery and infrastructure in place for future restaurant kitchen.
The mill is located in the northwest section of the Charlotte Metro region. It is accessible to both Interstate 40 and Interstate 85 via 15-minute drive on dual-lane Highway 321. Charlotte Douglas Airport is approximately 30 minutes away. Multiple tax credits are available for future adaptive reuse of the mill.
Property Facts
| Price | £4,216,256 | Building Size | 23,103 SF |
| Price Per SF | £182 | Number of Floors | 2 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1885/2013 |
| Property Type | Speciality |
| Price | £4,216,256 |
| Price Per SF | £182 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Building Size | 23,103 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1885/2013 |
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PROPERTY TAXES
| Parcel Number | 58182 | Improvements Assessment | £956,507 |
| Land Assessment | £60,362 | Total Assessment | £1,016,869 |
PROPERTY TAXES
Parcel Number
58182
Land Assessment
£60,362
Improvements Assessment
£956,507
Total Assessment
£1,016,869
zoning
| Zoning Code | I-G |
| I-G |
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848 Southfork rd - THE LABORATORY MILL
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