133 S Church St - Warehouse FOR SALE


Asheboro, NC 27203
$2,200,000 USD
336-337-0059
133 S Church St, Asheboro, NC for Sale
$2,200,000 USD
Warehouse - FOR SALE
1/31
null | Request Cap Rate

133 S Church St
Asheboro, NC 27203


OVERVIEW

Discover Mill 133, a prominent redevelopment opportunity in downtown Asheboro. This historic property, built in 1917 as a textile mill, is now available for $2,200,000. It encompasses 49,751 square feet on a 1.104-acre plot. Property Highlights: Construction: Solid masonry, the property has recently undergone major renovation, ensuring both aesthetic appeal and structural integrity of the mill and the smoke stack. A new roof, second-floor flooring, and ceilings have been added, all meeting the possible tax credit standards. Zoning: B-3 Central Commercial District. Historic Tax Credits: Available for redevelopment. Located in the heart of Asheboro, Mill 133 is ideally suited for a mixed-use project, including a mixed-use of hospitality or multifamily and retail components. Development Potential: Ideal for conversion into a boutique hotel or multifamily residences with retail on the ground floor. The availability of historic tax credits adds financial incentive, reducing the cost of redevelopment and preserving the building’s historical integrity. Invest in a piece of Asheboro's history with Mill 133, offering strategic location and growth potential, complemented by financial benefits through historic tax credits. This property promises a lucrative venture in a thriving community.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,916

ZONING

B-3

APN/PARCEL ID

7751-72-6479

ASK ABOUT THIS PROPERTY

Robbie PerkinsNAI Piedmont TriadMore Info
336-337-0059

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Robbie PerkinsNAI Piedmont TriadMore Info
336-337-0059

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