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Marion Industrial (214,709 SF on 10.96 AC) 203 NC-226 214,709 SF Vacant Industrial Building Marion, NC 28752 $6,495,000 ($30.25/SF)
INVESTMENT HIGHLIGHTS
- Owner/User Upside: Potential for immediate occupancy in some or all of the facilities, with surplus rentable square footage to offset operating costs.
- Situated at the intersection of I-40 and NC-226, facilitating distribution throughout the Southeast region (Asheville, Charlotte, and Spartanburg)
- Seventeen buildings of varying sizes and clear heights accommodate varied uses—distribution, manufacturing lines, or specialized production.
- Approx. 214,709 SF of warehouse and light manufacturing space spread over 10.96 acres, featuring multiple buildings built from 1977 to 1994.
- Moderate Site Coverage (45%): Balances extensive building area with adequate yard space for maneuvering or outdoor storage.
- Investor Appeal: Opportunity to stabilize occupancy and optimize rent roll for a multi-tenant industrial campus in a growing regional market.
EXECUTIVE SUMMARY
Welcome to a light manufacturing & warehouse hub boasting 214,709 SF across 10.96 acres, perfectly placed at the intersection of I-40 and NC-226. This multi-building complex offers a rare mix of high-clear industrial facilities, grade-level doors, and flexible production spaces—capped by a 45% site coverage ratio, leaving ample room for maneuvering, storage, and future development.
Situated in Marion, NC, the property lies roughly 38 miles east of Asheville and under two hours from major Southeast markets like Charlotte, NC, and Spartanburg, SC. Projections suggest a solid ~12% pro forma return at market rents ($4.00/SF), making it a compelling choice for investors or owner-users. Seventeen buildings, each constructed between 1977 and 1994, cater to diverse industrial needs—from manufacturing lines and storage to break rooms and offices. With swift highway access, robust local and regional labor pools, and proximity to the Blue Ridge region’s thriving manufacturing ecosystem, 203 NC-226 is a prime industrial campus for expansion, production, or distribution operations.
Situated in Marion, NC, the property lies roughly 38 miles east of Asheville and under two hours from major Southeast markets like Charlotte, NC, and Spartanburg, SC. Projections suggest a solid ~12% pro forma return at market rents ($4.00/SF), making it a compelling choice for investors or owner-users. Seventeen buildings, each constructed between 1977 and 1994, cater to diverse industrial needs—from manufacturing lines and storage to break rooms and offices. With swift highway access, robust local and regional labor pools, and proximity to the Blue Ridge region’s thriving manufacturing ecosystem, 203 NC-226 is a prime industrial campus for expansion, production, or distribution operations.
PROPERTY FACTS Under Contract
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Marion Industrial (214,709 SF on 10.96 AC) | 203 NC-226
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