For Sale
$2,900,000

206 Frazier AveLiberty, NC 27298

99,567 SF Manufacturing Plant - $2.9M

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 99,567-square-foot industrial manufacturing facility, situated on a 7-acre lot in Liberty, North Carolina, presents a compelling investment opportunity. The property, currently occupied by Charter Furniture under a proposed five-year leaseback agreement for two of the six buildings, comprises five industrial buildings and one office building. Built in 1970, the facility boasts 15-foot ceilings and is zoned for industrial use. Its prime location offers significant advantages, including adjacency to the Norfolk Southern rail line, with potential for a spur installation to provide direct rail service (proposal available). The property's designation as an Opportunity Zone provides substantial tax benefits for long-term investors. Furthermore, surplus land allows for additional trailer parking, enhancing operational flexibility. The property's APN is 8736-12-5473. This is a Class C building. The asking price is $2,900,000.

Highlights

  • ±99,567 SF industrial manufacturing facility.
  • 7-acre lot in Liberty, NC.
  • Currently occupied by Charter Furniture with a proposed 5-year leaseback on two of six buildings.
  • Six buildings total: five industrial and one office.
  • Adjacent to Norfolk Southern rail line; spur installation possible.
  • Located in an Opportunity Zone.

Property Details for 206 Frazier Ave

Property type
Industrial properties, Manufacturing properties
Square Feet
99,567 SF
Class
C
Year Built
1970
Lot Size (sq. ft)
304,920 SF

Location Insight

City
Liberty
County
Randolph
State
North Carolina
Latitude
35.8432709
Longitude
-79.5681582
206 Frazier Ave, Liberty, North Carolina

FAQs

What type of property is this?
Industrial property - 99,567 SF Manufacturing Plant - $2.9M
Where is the industrial property located?
The property is located at 206 Frazier Ave Liberty, NC.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: ±99,567 SF industrial manufacturing facility.; 7-acre lot in Liberty, NC.; Currently occupied by Charter Furniture with a proposed 5-year leaseback on two of six buildings.
How can I contact the broker?
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206 Frazier Ave
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