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Offered by Jacob Lions, Broker. Copyright 2021 Canopy MLS. All rights reserved.

Description

INCREDIBLE ADD VALUE OPPORTUNITY! Over 100,000 Square feet of rentable space in High Demand Madison County. Well situated for Interstate and Intrastate Access. This was the Old Honeywell Machine Plant back in the Day! Multiple Tenants on Month to Month leases prepared to sign Long Term Leases, or Owner Use entire building and property with ample parking. Two major Power stations on the property makes it attractive for access to an Approved 3.95 mega watts Solar Farm that would allow for 16,000 250 watts solar panels over 2 to 3 acres. Existing 11 tenants grossing $200,000 annual income. At market rents and additional available Square footage, the Net Income should be around $500,000 NNN. Two additional Outbuildings that are also rented are not included in the Listed Square Footage. Possibility to build multi-family apartments On the Hill with multi range mountain views and within walking distance to Downtown and Mars Hill University. Call Listing Agent to Show

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Based on information submitted to the MLS GRID as of 2021-09-16T14:34:16.807 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MartinGroup Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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400 Hickory Drive Mars Hill, NC 28754

  • Price: $2,100,000
  • Status: Active Under Contract
  • Updated: 70 min ago
  • ID#: 3717299
0
Beds
0
Baths
0
½ Baths
27
Acres
1956
Built
Neighborhood:
Mars Hill
County:
Madison
Area:
Mars Hill
Property Description
INCREDIBLE ADD VALUE OPPORTUNITY! Over 100,000 Square feet of rentable space in High Demand Madison County. Well situated for Interstate and Intrastate Access. This was the Old Honeywell Machine Plant back in the Day! Multiple Tenants on Month to Month leases prepared to sign Long Term Leases, or Owner Use entire building and property with ample parking. Two major Power stations on the property makes it attractive for access to an Approved 3.95 mega watts Solar Farm that would allow for 16,000 250 watts solar panels over 2 to 3 acres. Existing 11 tenants grossing $200,000 annual income. At market rents and additional available Square footage, the Net Income should be around $500,000 NNN. Two additional Outbuildings that are also rented are not included in the Listed Square Footage. Possibility to build multi-family apartments On the Hill with multi range mountain views and within walking distance to Downtown and Mars Hill University. Call Listing Agent to Show
Exterior Features

Elevation 2000 Flood Plain No Number Of Docks Total 3 Road Frontage Type City StreetCounty RoadPaved Road Road Responsibility Public Maintained Road Roof Built-Up Waterfront Features None

Interior Features

Accessibility Features 2 Or More Access Exits Flooring ConcreteLaminate Foundation Details SlabSlab Heating ElectricNatural GasMultizone HeatNatural Gas Stories Total 1 Utilities Cable AvailableCity SewerCity WaterElectricity AvailableNatural Gas AvailableTelephone On-SiteUnderground Utilities

Property Features

CCRSubject To Undiscovered Commercial Location Description Freestanding Construction Status Complete HOASubject To None Inclusions BuildingFixturesLand Inside City YN Yes Listing Terms Cash Miscellaneous Additional Building(S) New Construction YN No Possible Use CommercialIndustryResidentialSubdevelopmentOther Potential Income 500000.00 Property Sub Type Commercial Restrictions None Restrictions Description None Special Listing Conditions None Structure Type Industrial Tax Assessed Value 653550 Transaction Type For Sale Zoning Description Industri



Based on information submitted to the MLS GRID as of 2021-09-16T14:34:16.807 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither MartinGroup Properties nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

Digital Millennium Copyright Act
 
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MartinGroup Properties
1323 Lafayette Avenue
Charlotte NC, 28203
Offered by Jacob Lions, Broker. Copyright 2021 Canopy MLS. All rights reserved.