Keller Williams Professionals
Keller Williams Professionals
Wendy Wilson, Keller Williams ProfessionalsPhone: (828) 214-7907
Email: [email protected]

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listing
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CommercialSold
List Price $2,100,000
Sold Price $1,625,000
400 Hickory Drive
Mars Hill, NC 28754
Listed by: Jacob Lions, Broker, 828-280-0919
MLS: Canopy MLS
Est. Mortgage
$10,940/mo

INCREDIBLE ADD VALUE OPPORTUNITY! Over 100,000 Square feet of rentable space in High Demand Madison County. Well situated for Interstate and Intrastate Access. This was the Old Honeywell Machine Plant back in the Day! Multiple Tenants on Month to Month leases prepared to sign Long Term Leases, or Owner Use entire building and property with ample parking. Two major Power stations on the property makes it attractive for access to an Approved 3.95 mega watts Solar Farm that would allow for 16,000 250 watts solar panels over 2 to 3 acres. Existing 11 tenants grossing $200,000 annual income. At market rents and additional available Square footage, the Net Income should be around $500,000 NNN. Two additional Outbuildings that are also rented are not included in the Listed Square Footage. Possibility to build multi-family apartments On the Hill with multi range mountain views and within walking distance to Downtown and Mars Hill University. Call Listing Agent to Show

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Information courtesy of Jacob Lions, Broker is subject to verification and is not guaranteed.
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