Skip To Content

    400 Hickory Drive

    Mars Hill, NC 28754
    • $2,100,000
    • STATUS: Active Under Contract
    • ON SITE: 197 days
    • ID#: 3717299
    Under Contract
    UPDATED: 77 min ago
    $2,100,000
    • 0
      BEDS
    • 27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Offered by Jacob Lions, Broker. Copyright 2021 Canopy MLS. All rights reserved.

    Description

    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

    Monthly Payment Calculator



    Based on information submitted to the MLS GRID as of 2021-09-25T06:34:36.783 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's All-Star Powerhouse nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
    www.mountainhomehunt.com/homes/114994162
    Print Image

    400 Hickory Drive Mars Hill, NC 28754

    • Price: $2,100,000
    • Status: Active Under Contract
    • Updated: 77 min ago
    • ID#: 3717299
    0
    Beds
    0
    Baths
    0
    ½ Baths
    27
    Acres
    1956
    Built
    County:
    Madison
    Area:
    Mars Hill
    Property Description
    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
    Exterior Features

    Construction Materials Brick Construction Type Site Built Foundation Details SlabSlab Road Frontage Type City StreetCounty RoadPaved Road Road Responsibility Public Maintained Road Roof Built-Up Structure Type Industrial Waterfront Features None

    Interior Features

    Flooring ConcreteLaminate Heating ElectricNatural GasMultizone HeatNatural Gas

    Property Features

    Accessibility Features 2 Or More Access Exits CCRSubject To Undiscovered Commercial Location Description Freestanding Construction Status Complete Documents Aerial PhotoTax Information Elevation 2000 Flood Plain No Hoa Subject To None Inclusions BuildingFixturesLand Inside City YN Yes Listing Agreement Exclusive Right To Sell Listing Terms Cash New Construction YN No Number Of Docks Total 3 Possible Use CommercialIndustryResidentialSubdevelopmentOther Property Sub Type Commercial Property Sub Type Secondary Manufacturing Restrictions None Restrictions Description None Special Listing Conditions None Sprinkler N/A Transaction Type For Sale Utilities Cable AvailableCity SewerCity WaterElectricity AvailableNatural Gas AvailableTelephone On-SiteUnderground Utilities Zoning Description Industri



    Based on information submitted to the MLS GRID as of 2021-09-25T06:34:36.783 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's All-Star Powerhouse nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
     
    https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3717299-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3717299-1.jpg https://bt-photos.global.ssl.fastly.net/cmls/orig_boomver_1_3717299-1.jpg
    Logo
    Rowena Patton's All-Star Powerhouse
    56 Central Avenue, Ste 201
    Asheville NC, 28801
    Offered by Jacob Lions, Broker. Copyright 2021 Canopy MLS. All rights reserved.