400 Hickory Drive Mars Hill, NC
$ 2,100,000
Property Attributes
  • ID#3717299
  • TypeCommercial
  • CountyMADISON
  • CityMars Hill
  • AreaMadison County
  • Zip28754
  • StyleCommercial
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size27 Acres
Listing Provided Courtesy Of:
Jacob Lions, Broker
Data Source:
Canopy MLS
Property Description

INCREDIBLE ADD VALUE OPPORTUNITY! Over 100,000 Square feet of rentable space in High Demand Madison County. Well situated for Interstate and Intrastate Access. This was the Old Honeywell Machine Plant back in the Day! Multiple Tenants on Month to Month leases prepared to sign Long Term Leases, or Owner Use entire building and property with ample parking. Two major Power stations on the property makes it attractive for access to an Approved 3.95 mega watts Solar Farm that would allow for 16,000 250 watts solar panels over 2 to 3 acres. Existing 11 tenants grossing $200,000 annual income. At market rents and additional available Square footage, the Net Income should be around $500,000 NNN. Two additional Outbuildings that are also rented are not included in the Listed Square Footage. Possibility to build multi-family apartments On the Hill with multi range mountain views and within walking distance to Downtown and Mars Hill University. Call Listing Agent to Show

Price History
3/11/2021 Listed $2,100,000

General Features

Accessibility 2 or More Access Exits
Car Hoasubjectto None
Construction Type Site Built
Flooring Concrete, Laminate
Heating Electric, Natural Gas, MultiZone Heat, Natural Gas
Possible Use Commercial, Industry, Residential, Subdevelopment, Other
Property SubType Commercial
Property Type Commercial Sale
Restrictions None
Roof Built-Up
Secondary Sub-Type Manufacturing
Standard Status Active
Structure Type Industrial
Terms Cash
Waterfront Features None
Zoning Description Industri

Exterior Features

Foundation Details Slab, Slab
Lot Size Area 27
Number of Buildings 3
Road Frontage Type City Street, County Road, Paved Road


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 28754

AVG $850K
AVG 47
Year Built
AVG 1980
AVG 23
Data Provided by Walkscore ® not using MLS data

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