503 Miller Street Monroe, NC 28110
**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.
property details
Interior Features
Exterior Features
Flat
Corner Lot
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
12/01/2023
12/01/2023
|
Sold |
$340,000
|
Canopy MLS/Carolina MLS |
09/08/2023
09/08/2023
|
Contingent |
$350,000
|
Canopy MLS/Carolina MLS |
08/30/2023
08/30/2023
|
Active |
$350,000
|
Canopy MLS/Carolina MLS |
Market Trends
Source: Constellation1
Mortgage Calculator
- Principal {{ parseInt(priciplePayment).formatThousands(0) }}
- Interest {{ parseInt(interestPayment).formatThousands(0) }}