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Highway 70 East


A very flexible and well maintained industrial space between Drexel and Morganton. There are entrances at both the east and west ends of the property for easier access. Suitable for individual use or easily divided to provide additional income to offset costs and build equity. In addition there is an attractive brick house, a cell tower and an extra lot.

This property contains 3.92 acres with 500 feet of frontage on Hwy 70 East between Morganton and Drexel. Originally built as a textile operation, this multi-use facility offers flexibility not found elsewhere. The older building is frame and consists of approximately 13,000 sq. ft. It has a number of offices, restrooms, heat and air, and ten foot ceilings. The newer building is double skin metal construction. It is well insulated with sixteen foot ceilings in the center, two loading docks. restrooms, heat and air. The buildings are connected but can be used individually. There is ample electrical service as well as airlines throughout most of the space.


Highway 70 East
Morganton, NC

Map and Directions

Status: Sold
$595,000
Commercial
29000 SqFt
3.927 acres

All Photos

Property Features
•  Multiple Buildings •  Cell Tower
•  Highly visible •  surplus frontage
•  Compressed Air Lines •  Air Conditioning



Stock Properties
305 E. Union St., Suite B119
Morganton, NC 28655
Office Phone: (828) 437-7500
Fax: (828)-437-4026
Web page: www.stockproperties.com

Additional Information
Annual Income Potential: Combined Bldg Rents $47,500, House $7,200, Cell Tower $6,900
Misc: very nice brick house is included and is presently rented for $600/mo.
Owner Financing Terms: 80% financing for 15 years, interest rate negotiable
Zoning: Industrial-Burke County
Potential Uses: Manufacturing, Assembly, Packaging
Ceiling Height: 11 to 16
Power: Adequate
Utilities: Triple Comm water, private septic system
Doors: 2 dock high with staging area
Parking: Adequate
Property Desc: Older frame & newer metal buildings connected by passage, can be used as one or separately
Heat/Air: Both buildings heated and cooled
Office Space: 1,000 +- sq.ft, multiple offices



Past Transactions