1910 Hunt Ave - Manufacturing FOR SALE


Gastonia, NC 28054
$6,000,000 USD
757-560-5476
1910 Hunt Ave, Gastonia, NC for Sale
$6,000,000 USD
Manufacturing - FOR SALE
1/8
null | Request Cap Rate

1910 Hunt Ave
Gastonia, NC 28054


HIGHLIGHTS

  • 100% shovel ready project with building approvals in place
  • $50+ million in tax credits available
  • all due diligence items completed including appraisal, market study and phase 1 and 2
  • convenient access to I-85

OVERVIEW

The asset has been rezoned to residential and the seller offers a 209 unit shovel ready conversion development with building permit approvals in place with architectural plans and specs. Over $50 million in federal and state tax credits. Buyer may also consider rezoning back to industrial.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

shovel ready multi conversion opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

17.5 Ft

DOCKS

7

DRIVE INS

2

PARKING SPACES

200

LAND DETAILS

LAND ACRES

12.5

LAND SF

544,500

ZONING

I-U

APN/PARCEL ID

217789

ASK ABOUT THIS PROPERTY

John MerendaJMS CommercialMore Info
757-560-5476

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John MerendaJMS CommercialMore Info
757-560-5476

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