Address
220 Merrimon Avenue, Weaverville, NC
Price
$ 6,400,000
Property Attributes
  • ID#4120665
  • TypeContingent
  • CountyBUNCOMBE
  • CityWeaverville
  • AreaBuncombe County
  • Zip28787
  • StyleIndustrial
  • Price$ 6,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size12.95 Acres
Data Source:
Canopy MLS
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.

Price History
3/20/2024 Listed $6,400,000

General Features

Sewer Public Sewer
Heating Central,Electric,Natural Gas
Cooling Central Air,Total
Year Built 1971
Property SubType Industrial
County Buncombe
New Construction No
Property Type Commercial Sale
Possible Use Commercial,Development,Industrial
Directions From I-26 take exit 21. Turn left on Weaverville Road and the property will be on your right.
City Weaverville
Street Name Merrimon
Standard Status Active Under Contract
CAR_HOASubjectTo None
Restrictions N/A
Tax Assessed Value 2404400

Interior Features

Street Suffix Avenue
Number Of DocksTotal 8

Exterior Features

Parking Features Driveway,Parking Lot,Parking Space(s)
Water Source City
Inclusions Building,Fixtures,Land
Lot Size Area 12.95
Foundation Details Slab
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type State Road
Road Responsibility Publicly Maintained Road
Road Frontage 475

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 28787

Price
AVG $970K
$6.4M
Visits
AVG 255
99
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1971

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