220 Merrimon Avenue Weaverville, NC $ 6,400,000
220 Merrimon Avenue
$ 6,400,000
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220 Merrimon Avenue

Weaverville, NC, 28787
$ 6,400,000
Baths0.0

Monthly Estimate*

$ 44,706

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Studio

Commercial Property for sale in Weaverville, NC

for $6,400,000. This building was built in 1971 on a lot size of 12.95.

Do not miss this opportunity to invest in 110,572sf of well-maintained and highly flexible industrial manufacturing or warehousing space. Currently the majority is leased by a national tenant and 34,863 ft.² recently became vacant and is available for lease or owner occupancy. The property includes a recently resurfaced parking lot and driveway, updated LED lighting on the interior, recently replaced roof, a total of eight dock doors and one drive-in, updated rooftop heating and cooling systems, and numerous overhead crane systems throughout building. The building is fully sprinkled and has its own on-site electrical substation with the building currently being serviced with 400 amp service at 480V switchgear. Also included is a stand alone out building. The property also has additional acreage suitable for future expansion. With limited industrial inventory and lack of new construction opportunities, this facility will be an incredible investment with its proximity to I-26.

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Commercial Contingent

Price

$ 6,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Industrial

Lot Size

12.95

Year Built

1971

Town/City

Weaverville

County/Region

Buncombe

MLS | Web ID

4120665

Features
General
Sewer Public Sewer
Heating Central Electric Natural Gas
Cooling Central Air Total
Year Built 1971
Property SubType Industrial
County Buncombe
New Construction N
Property Type Commercial Sale
Possible Use Commercial Development Industrial
Directions From I-26 take exit 21. Turn left on Weaverville Road and the property will be on your right.
City Weaverville
Street Name Merrimon
Standard Status Active Under Contract
Restrictions N/A
Tax Assessed Value 2404400
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Exterior
Parking Features Driveway Parking Lot Parking Space(s)
Water Source City
Inclusions Building Fixtures Land
Lot Size Area 12.95
Foundation Details Slab
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type State Road
Road Responsibility Publicly Maintained Road
Road Frontage 475
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Interior
Street Suffix Avenue
Number Of DocksTotal 8
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Nai Allen Tate Beverly-Hanks Commercial

Broker

Affordability Calculator

$44,706
Per Month
100%
0%
0%
Monthly Principal & Interest
$44,706
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
294628 Elementary School
294724 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2024$6,400,000 Listed Price

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220 Merrimon Avenue, Weaverville, NC, 28787 is a Commercial Property for sale at $6,400,000 with a lot size of 12.95. 220 Merrimon Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 28787 which is in Weaverville, NC