360 Old Salisbury-concord Rd - Distribution FOR SALE


Concord, NC 28025
$2,500,000 USD
704-778-6100
360 Old Salisbury-concord Rd, Concord, NC for Sale
$2,500,000 USD
Distribution - FOR SALE
1/31
null | Request Cap Rate

360 Old Salisbury-concord Rd
Concord, NC 28025


HIGHLIGHTS

  • Excellent Income Potential

OVERVIEW

- Asking Price: $2,500,000 - 20,571 SF (18,265 W/H & 2,306 OFFICE) +/- 6.27 Acres to expand or subdivide - 3 Drive in & 2 Dock high doors with pit levelers - C-2 Commercial Zoning - Possible redevelopment opportunity This commercial property, once home to the Sundrop Bottling Company, offers a prime opportunity for a variety of uses. With flexible C-2 zoning, the site works for light industrial, retail, office space, and more. Featuring multiple buildings, it allows for businesses to occupy one while leasing out the others, providing excellent income potential. Whether you’re looking to utilize the existing structures or redevelop the site for retail, this versatile property presents a range of possibilities.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.39

LAND SF

321,908

ZONING

C-2

APN/PARCEL ID

5631-20-1944-0000

ASK ABOUT THIS PROPERTY

Ryan Kinney, CCIMNew Branch Real Estate Advisors, LLCMore Info
704-778-6100

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Ryan Kinney, CCIMNew Branch Real Estate Advisors, LLCMore Info
704-778-6100

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