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601 Margrace AvenueKings Mountain, NC 28086Price: $3,048,050

  • Price: $3,048,050
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,048,050List Price
  • 2Bathrooms
  • 22.08Acreage
  • 36,061Square Feet
  • CAR3688961MLS Number

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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.

Property Details of 601 Margrace Avenue

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Listed by Philip Bunch of Bunch Real Estate

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