For Sale
$1,650,000

449 Virginia St Valdese, NC 28690

136,000 SF Warehouse/Manufacturing Space

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 136,000 square foot industrial property, located at 449 Virginia Street in Lenoir, North Carolina, presents a unique investment opportunity. Situated on a 5.5-acre lot in Caldwell County (zip code 28690), this single-building facility boasts a diverse layout ideal for various industrial uses. Originally constructed in 1968 and extensively renovated in 2017, the building features multiple ceiling heights (30', 20', and 16'), five loading docks, and ample parking for 100 vehicles. The property is zoned for industrial use and offers a net lease tenancy structure. The building's history includes use as a dry kiln and lumber receiving section for a former furniture manufacturer, with a detached section featuring large drive-in doors. While requiring complete renovation, this presents a significant cost advantage, offering below-market pricing for a substantial space. This property is located in an Opportunity Zone, adding further investment appeal. The multi-tenant structure provides flexibility for various business models. This is a rare chance to acquire a large-scale industrial property with significant potential for redevelopment and substantial return on investment. The property's size, location, and zoning make it suitable for a wide range of industrial and manufacturing operations. Don't miss this chance to secure a prime industrial asset in a thriving North Carolina location.

Highlights

  • 136,000 SF industrial building on a 5.5-acre lot in Lenoir, NC (28690).
  • Single-building facility with multiple ceiling heights (30', 20', 16'), five loading docks, and 100 parking spaces.
  • Originally built in 1968, extensively renovated in 2017; requires complete renovation, offering below-market pricing.
  • Located in an Opportunity Zone with industrial zoning and a net lease tenancy structure.
  • Multi-tenant building suitable for various industrial and manufacturing uses.

Property Details for 449 Virginia St

Property type
Warehouses, Industrial properties
Square Feet
136,000 SF
Year Built/Renovated
1968/2017
Buildings
1
Lot Size (sq. ft)
239,580 SF

Location Insight

City
Valdese
County
Caldwell
State
North Carolina
Latitude
35.7394183
Longitude
-81.5706109

FAQs

What type of property is this?
Warehouse - 136,000 SF Warehouse/Manufacturing Space
Where is the warehouse located?
The property is located at 449 Virginia St Valdese, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 136,000 SF industrial building on a 5.5-acre lot in Lenoir, NC (28690).; Single-building facility with multiple ceiling heights (30', 20', 16'), five loading docks, and 100 parking spaces.; Originally built in 1968, extensively renovated in 2017; requires complete renovation, offering below-market pricing.
How can I contact the broker?
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449 Virginia St
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