1231 Montlieu Ave - Warehouse FOR SALE


High Point, NC 27262- Greater High Point
$750,000 USD
336-724-1715
1231 Montlieu Ave, High Point, NC for Sale
$750,000 USD
Warehouse - FOR SALE
1/6
null | Request Cap Rate

1231 Montlieu Ave
High Point, NC 27262
Greater High Point


HIGHLIGHTS

  • Two story structure with ground level access to both floors
  • Upstairs is approximately ±14,000 SF of street-facing retail and storefront
  • Side gravel parking area with a loading dock and ample parking
  • Lower level is approximately ±14,000 SF of basement/ office/storage

OVERVIEW

Approximately ±28,000 SF on 1.28 acres with ample parking. Two story structure with ground level access to both floors. Upstairs is approximately ±14,000 SF of street-facing retail and storefront. There is a side gravel parking area with a loading dock and ample parking. The lower level is approximately ±14,000 SF of basement/ office/storage square footage that can be accessed from the upper units or from a rear driveway area that also has surplus parking. The roof is in excellent condition and has been replaced in various different sections between 2020 to 2022. A small portion of the property is leased and the tenant would remain with a new lease agreement. This property offers a lot of potential however the majority of the property has outstanding/open code violations that will need to be addressed and lacks electrical and HVAC- making it a great opportunity for an experienced team.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$27 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28

LAND SF

55,757

ZONING

I-1

APN/PARCEL ID

0183521

ASK ABOUT THIS PROPERTY

Nick Gonzalez, CCIMLinville Team PartnersMore Info
336-724-1715

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Nick Gonzalez, CCIMLinville Team PartnersMore Info
336-724-1715

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.