215 Bonview AveLincolnton, NC 28092

Property Details for 215 Bonview Ave

Year built

1905

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.92 AC

Property size (Sq ft)

87,437 SF

Zone code

GMC CU

Property type

Warehouses

APN

602

APU

602

Description

This exceptional industrial property, located at 215 Bonview Avenue in Lincolnton, North Carolina, presents a unique investment opportunity. The historic Sparty Mill, a 135,000 to 150,000 square foot building with 113,592 square feet of net rentable space, offers significant value-add potential. Originally built in 1920 and extensively renovated in 2022, this two-story structure boasts a new TPO roof with an 18+ year warranty, updated plumbing, electrical systems, fire sprinklers, and a keyless entry system. The $4 million+ renovation also included new windows, freight doors, and ADA-compliant features such as handicap parking, ramps, bathrooms, and water fountains. The property sits on 4.9 to 5.1 acres and includes 100 parking spaces and four dock-high doors. Ceiling heights range from 14 to 16 feet. The building is currently vacant and zoned GMC, making it suitable for a variety of uses. Its location within the Charlotte MSA, less than two miles from Highway 321 and under 37 miles from Charlotte, provides excellent accessibility. The property's historic designation opens doors to potential tax credits, including the Historical Tax Credit and New Market Tax Credit. The building features heavy power with 227/480 3-phase 400-amp service. This fee-simple ownership opportunity is perfect for an owner-user seeking a well-maintained, historically significant industrial space. The APN is 00602.

• Alternative Use

  Use

  Valuation

  Residential

  $23,384,748

  Hospitality

  $21,420,304

  Educational

  $17,821,442

  Medical

  $18,434,348

  Retail

  $27,722,242

Location Insight

City

Lincolnton

County

Lincoln

State

North Carolina

Latitude

35.4733

Longitude

-81.2603

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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