Weaverville, NC 28787,220 Merrimon AVE
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Weaverville, NC 28787,220 Merrimon AVE
Weaverville, NC 28787,220 Merrimon AVE
Weaverville, NC 28787,220 Merrimon AVE
Weaverville, NC 28787,220 Merrimon AVE

$5,800,000

Est. payment /mo

$6,400,000

9.4%
Est.Price: ?

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220 Merrimon AVE Weaverville, NC 28787

12.95 Acres Lot

SOLD DATE : 06/21/2024

Key Details

Sold Price $5,800,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4120665

Sold Date 06/21/24

Year Built 1971

Lot Size 12.950 Acres

Acres 12.95

Property Description

Do not miss this opportunity to invest in 110,572sf of well-maintained and highly flexible industrial manufacturing or warehousing space. Currently the majority is leased by a national tenant and 34,863 ft.² recently became vacant and is available for lease or owner occupancy. The property includes a recently resurfaced parking lot and driveway, updated LED lighting on the interior, recently replaced roof, a total of eight dock doors and one drive-in, updated rooftop heating and cooling systems, and numerous overhead crane systems throughout building. The building is fully sprinkled and has its own on-site electrical substation with the building currently being serviced with 400 amp service at 480V switchgear. Also included is a stand alone out building. The property also has additional acreage suitable for future expansion. With limited industrial inventory and lack of new construction opportunities, this facility will be an incredible investment with its proximity to I-26.

Location

State NC

County Buncombe

Zoning I-1

Interior

Heating Central, Electric, Natural Gas

Cooling Central Air, Total

Exterior

Fence Partial

Building

Foundation Slab

Sewer Public Sewer

Water City

New Construction false

Others

Senior Community false

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition Subject to Lease, None

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Listed by Jim Davis • NAI Allen Tate Beverly-Hanks Commercial • jdavis@naibeverly-hanks.com
Bought with James Harrison • Whitney Commercial Real Estate

Shauntay Cloud

Agent | License ID: 306709

+1(704) 880-5329

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