$5,800,000
$6,400,000
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220 Merrimon AVE Weaverville, NC 28787
12.95 Acres Lot
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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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with James Harrison • Whitney Commercial Real Estate