503 Miller StreetMonroe, NC 28110Price: $350,000

  • Price: $350,000
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Federal 30-year interest rate: 7.19% last updated on Sep 21, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $350,000List Price
  • 4.3Acreage
  • 145,125Square Feet

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**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.

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Listed by Heather Miller of EXP Realty LLC Ballantyne (Heather.miller@exprealty.com)

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