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28896819
28896818

241 INDUSTRIAL PARK RD MOUNTAIN CITY TN 37683, MOUNTAIN CITY, TN 37683 For Sale

$3,400,000
218 days on market
Updated 70 days ago

241 Industrial Park Road, Mountain City TN

Details
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 55,500
Net Rentable (SqFt) 55,500
Price per SqFt $61
Class B
Year Built 2020
Buildings 2
Stories 1
Acreage 13.920
Zoning Commercial
Investment Type Owner/User
Ground Lease No
Ceiling Height 32
Dock High Doors 3
Ownership Seller Financing up to $2,500,000-00
Sale Condition For sale by owner

Priced well below replacement

Marketing description

Priced well below replacement. Offered is a outstanding opportunity to acquire a ready to occupy Industrial building that has so many applications. Located in a designated park with all city services. Ready for manufacturing, Logistics, storage, so many uses. Close proximity to a strong available affordable Appalachian work force. Launchpad for tax advantage growth in one of Tennessees most promising areas.

HUB Zone, meaning owner can defer, reduce and eliminate capital gains tax investing through a Qualified Opportunity Fund QOF.Under opportunity Zones owners can hold for 10 years and pay Zero Capital Gains Tax on Appreciation.

Businesses can access contracting opportunities, boost eligibility for SBA loans Federal State Loans and Grants.

Ideal for manufacturing of tiny homes ,modular homes, Logistics, and a host of other uses. Owner can be contacted direct email [email protected] or cell via text +64 275333566

Investment highlights

Warehouse 50,000 square feet with high ceilings, Distribution, Manufacturing

Custom home built in 2020, 5500 square feet which could be offices, showrooms or Live.

All city services, fibre optic and Helipad, tree lined fencing, 220 mature trees fencing 13.92 acres.

Abundant affordable labor.

Regional highways and great survivable location with highway frontage.

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