For Sale
$2,500,000

211 Canal StWhiteville, NC 28472

Two warehouses, 210,000+ sq ft

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents two industrial warehouse buildings totaling over 210,000 square feet situated on a 5.53-acre lot in Whiteville, North Carolina. The property comprises two buildings: one at 503 S Canal Street boasting over 142,000 square feet, and another at 211 S Canal Street offering over 68,000 square feet. Both buildings are zoned for commercial use and were constructed in 1950. This versatile property is ideally suited for a range of industrial, warehouse, and distribution uses, including agricultural storage, grain handling, equipment storage, sorting, assembly, and distribution operations. The property's strategic location offers significant advantages. It's conveniently located within Foreign Trade Zone #214, a mere 48 miles from the NC Port of Wilmington and ILM International Airport, and just 33 miles from I-95. This prime location provides easy access to major transportation arteries and facilitates efficient logistics. North Carolina's status as a "Right to Work" state further enhances the property's appeal. Additionally, a 2.8-acre cleared lay-down yard is available for purchase across the street from 503 S Canal Street, providing ample space for a truck court and weighing station, potentially incorporating a 72-foot electronic truck scale for eighteen-wheelers. The property benefits from the availability of county and state incentives and financing options, making it an even more attractive investment prospect. The location within an Opportunity Zone further enhances its investment potential. The asking price for this significant industrial portfolio is $2,500,000.

Highlights

  • Two industrial warehouse buildings totaling over 210,000 square feet on a 5.53-acre lot.
  • Located in Whiteville, NC, within Foreign Trade Zone #214.
  • 48 miles from the NC Port of Wilmington and ILM International Airport; 33 miles from I-95.
  • North Carolina's "Right to Work" state status.
  • Includes two buildings: 142,000 SF at 503 S Canal Street and 68,000 SF at 211 S Canal Street.
  • Available 2.8-acre lay-down yard across the street from 503 S Canal Street.

Property Details for 211 Canal St

Property type
Warehouses, Industrial properties
Square Feet
68,000 SF
Year Built
1950
Lot Size (sq. ft)
240,887 SF

Location Insight

City
Whiteville
County
Columbus
State
North Carolina
Latitude
34.3277009
Longitude
-78.6960656
211 Canal St, Whiteville, North Carolina

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211 Canal St
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