133 Church St, Asheboro, NC 27203
47,263 SF | 100% Leased | Industrial Building | Asheboro, NC 27203 | $2,200,000 ($47/SF)
For Sale
Active
31 pictures
Asking Price $2,200,000
- Sale Condition
- Redevelopment Project
- Property Type
-
Industrial
- Price / Square Foot
- $47
Listing Contacts
Robbie Perkins
Tammy Dixon ,CCIM, CMB®, SIOR
Brendan Richardson
- Property Info
Property 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.
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.
Property Details
- Class
- C
- Year Built
- 1917
- Stories
- 2
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 47,916 SF
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