This fee-simple industrial portfolio in Whiteville, NC, offers two single-story warehouse buildings totaling over 210,000 square feet on a 5.53-acre lot. The property, zoned for commercial use and built in 1950, features 13 loading docks. One warehouse at 503 S Canal St. comprises over 142,000 square feet, while the second building at 211 S Canal St. offers over 68,000 square feet. The asking price is $2,500,000, translating to $11.90 per square foot. This owner-user opportunity is ideally suited for various industrial, warehouse, and distribution needs, including agricultural storage, grain handling, equipment storage, sorting, assembly, and distribution. The property's strategic location offers easy access to major transportation arteries, including Interstate 74, US Highways 74-76, and US Highway 701, placing it within 45-50 miles of Interstate 40, the Port of Wilmington, and Wilmington International Airport (ILM), and 33 miles from Interstate 95. Additionally, a 2.8-acre cleared lay-down yard across the street from 503 S Canal St. is available for purchase, potentially serving as a truck court and weighing station. The property benefits from its location in an Opportunity Zone and Foreign Trade Zone #214, along with the availability of county and state incentives and financing options. North Carolina's status as a Right-to-Work state further enhances the investment appeal.
Highlights
Fee-simple industrial portfolio totaling 210,000+ SF on 5.53 acres in Whiteville, NC.
Located in an Opportunity Zone and Foreign Trade Zone #214.
48 miles from the Port of Wilmington and Wilmington International Airport (ILM).
33 miles to I-95.
North Carolina is a Right-to-Work state.
State and county incentives and financing options available.
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Contacts
Frank Efird Jr.
Win Edwards
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503 Canal St, Whiteville, North Carolina, 28472
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503 Canal St
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