215 Bonview Avenue
Historic Sparty Mill in the Charlotte MSA - FOR SALE
Marketing description
Available for sale the hisoric Sparty Mill industrial building located in Lincolnton, NC. Located within the Charlotte MSA, the industrial building offers substantial value-add opportunity through filling vacancy, redevelopment, or is ideal for an owner user. The former textile manufacturing plant totals approximately 135,000+/- square-feet and underwent extensive renovations in 2022 to restore the old mill. Totaling over $4 million, the renovations included new plumbing, TPO roof, fire sprinklers, electrical, windows, freight doors, key-less entry system, cemented main parking lot, & more. Sparty Mill was also updated to become ADA compliant with new features including handicap parking spots, handicap accessible ramp, handicap accessible bathrooms, and handicap accessible water fountains. As a registered historic building, Sparty Mill offers ideal tax credits including the Historical Tax Credit, New Market Tax Credit, & more.
Investment highlights
Historic Sparty Mill in the Charlotte MSA | $4 Million+ Invested Into Recent Renovations (Contact Broker for more info)
Other Renovations Include New Plumbing, Electrical, Fire Sprinklers, Security System & More
Registered Historic Property | 20% Historical Tax Credit & New Market Tax Credit of 39% Over 7 Years
New Energy Efficient TPO Roof | 18+ Years Left on Roof Warranty
Value-Add Opportunity by Filling Vacancy or Ideal for Owner User
Ideally Positioned Less than 2 Miles from Highway 321 | Less than 37 Miles from Charlotte
Heavy Power 227/480 3 Phase 400 Amp Service
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
