211 Canal StWhiteville, NC 28472

Property Details for 211 Canal St

Year built

1950

Construction

WOOD

Property size (Sq ft)

68,160 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

0291.03-10-7336.000

APU

29103107336000

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $18,910,848

  Hospitality

  $17,322,236

  Educational

  $14,411,897

  Medical

  $14,907,544

  Retail

  $22,418,506

Location Insight

City

Whiteville

County

Columbus

State

North Carolina

Latitude

34.3277

Longitude

-78.696

Property Tax & Assessments

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