For Sale
$1,500,000

510 Morgan Mill RdMonroe, NC 28110

High-visibility auto shop, 2 buildings, 2.24 acres

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property in Monroe, NC, presents a unique investment opportunity. Located at 510 Morgan Mill Rd, this 2.24-acre lot boasts 9,000 square feet of space spread across two buildings. The main building, a 7,500 square foot open showroom, features new lighting, a new heating system, one remaining lift, and two new overhead doors. It also includes two bathrooms. A separate, attached 1,500 square foot building offers four offices, two bathrooms, and a separate entrance, ideal for rental income or expansion. Completely renovated in 2022, this building is ready for immediate occupancy. A 16' x 24' utility building, currently used as a kitchen, adds further versatility. The property is fully fenced and gated, with a newly paved lot. High visibility from Highway 74 ensures excellent exposure. The property's zoning is commercial, allowing for a wide range of uses. A survey is available. While gas tanks were previously removed from under a front canopy, the property is otherwise ready for its next owner. This property is perfect for an auto shop, but its flexible layout and ample space make it suitable for various commercial ventures. The asking price is $1,500,000.

Highlights

  • $1,500,000 asking price for this Monroe, NC retail property.
  • 9,000 square feet on a 2.24-acre lot, with two buildings.
  • Features a 7,500 SF showroom and a 1,500 SF, four-office/two-bathroom office building, renovated in 2022.
  • Includes a 16' x 24' utility building.
  • Property is fenced, gated, and has new paving, lighting, and a heating system.
  • Located on Morgan Mill Rd, with highway visibility from Hwy 74.

Property Details for 510 Morgan Mill Rd

Property type
Retail properties, Auto shops
Square Feet
9,000 SF
Year Renovated
2022
Buildings
2
Stories
1
Lot Size (sq. ft)
97,574 SF

Location Insight

City
Monroe
County
Union
State
North Carolina
Latitude
34.9862175
Longitude
-80.5331298
510 Morgan Mill Rd, Monroe, North Carolina

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510 Morgan Mill Rd
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