Monroe, NC 28110,503 Miller ST
Monroe, NC 28110,503 Miller ST
Monroe, NC 28110,503 Miller ST
13
$340,000
$350,000
2.9%
Est.Price: ?

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4.3 Acres Lot

503 Miller ST Monroe, NC 28110

Est. payment /mo
SOLD DATE : 11/30/2023

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Key Details

Sold Price $340,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4064783

Sold Date 11/30/23

Year Built 1925

Lot Size 4.300 Acres

Acres 4.3

Property Description

**Prime investment/development opportunity** Manetta Mills, built in 1925, was once a thriving cotton factory - producing blankets and sheeting. The structure is over 140,000 sf including the basement. The second level floor was removed. 2 elevator shafts, several loading docks, restrooms, and offices are located throughout the building. One portion has minor roof damage and has immediate potential. The larger portion has severe roof damage. This property is perfect for the creative developer who can save this timeless piece of history or it could be deconstructed and a new chapter started. Zoned industrial making the opportunities endless!! The 10ac parcel is being divided leaving this to have apprx. 4.3acres. All materials in the building can be included in the sale with acceptable offer. Priced competitively for a no-hassle, AS-IS sale. Recently appraised at $701k - copy may be requested along with the survey.

Location

State NC

County Union

Zoning AV6

Rooms

Basement Exterior Entry

Interior

Heating None

Cooling None

Flooring Concrete

Appliance None

Exterior

Fence Barbed Wire, Chain Link, Fenced, Full

Utilities Available None

Waterfront Description None

Roof Type Flat,Steel,Steel,Wood,Wood

Parking Type Other - See Remarks

Building

Lot Description Cleared, Corner Lot, Other - See Remarks

Foundation Basement

Sewer Public Sewer

Water City

Structure Type Brick Full,Other - See Remarks

New Construction false

Others

Senior Community false

Restrictions No Representation,Use

Acceptable Financing Cash, Construction Perm Loan

Listing Terms Cash, Construction Perm Loan

Special Listing Condition Undisclosed

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Listed by Heather Miller • EXP Realty LLC Ballantyne • Heather.miller@exprealty.com
Bought with Irina Radik • ERA Live Moore

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Roshan Bhula

Broker | License ID: NC 321676, SC 128724

+1(704) 904-0480

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