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271 Franklin Ave NW
Kannapolis, NC 28025
Industrial Property For Sale


INVESTMENT HIGHLIGHTS
- Corner lot location with strong visibility
- Loading dock and drive-in access for operational ease
- Value-add opportunity with significant upside potential
- Flexible two-unit configuration for multi-tenant use
- Clear height of approximately 17 feet under beam
EXECUTIVE SUMMARY
Positioned on a ±0.42-acre corner lot in Concord, this freestanding warehouse offers a rare opportunity for investors or owner-users seeking value-add potential. Spanning 10,600 SF, the property is currently configured into two distinct units separated by a brick wall, providing flexibility for multi-tenant use or future reconfiguration. Key functional features include one loading dock, two roll-up doors, and a drive-in door, supporting a range of storage and light industrial applications.
The building’s clear height of approximately 17 feet under beam enhances operational versatility, while the right side features a durable concrete slab and the left side offers wood flooring over crawl space. Zoned RC with a legal non-conforming use, the property benefits from its strategic location near Concord’s business corridors and major transportation routes, making it accessible for regional distribution.
This asset is being sold “as is,” with substantial deferred maintenance noted, including roof leaks and structural deficiencies. The listing price reflects these conditions, presenting a compelling opportunity for buyers to reposition and unlock long-term value. Current occupancy includes the owner in one unit and a tenant on a month-to-month verbal lease, offering immediate income with flexibility for future plans.
The building’s clear height of approximately 17 feet under beam enhances operational versatility, while the right side features a durable concrete slab and the left side offers wood flooring over crawl space. Zoned RC with a legal non-conforming use, the property benefits from its strategic location near Concord’s business corridors and major transportation routes, making it accessible for regional distribution.
This asset is being sold “as is,” with substantial deferred maintenance noted, including roof leaks and structural deficiencies. The listing price reflects these conditions, presenting a compelling opportunity for buyers to reposition and unlock long-term value. Current occupancy includes the owner in one unit and a tenant on a month-to-month verbal lease, offering immediate income with flexibility for future plans.
PROPERTY FACTS
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1910 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.42 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 10,600 SF | ||
| Zoning | RC - Resource Conservation - Zoning: The property is currently zoned RC; however, it operates as a legal non-conforming use for warehouse/storage purposes | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.42 AC |
| Rentable Building Area | 10,600 SF |
| No. Stories | 1 |
| Year Built | 1910 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | RC - Resource Conservation - Zoning: The property is currently zoned RC; however, it operates as a legal non-conforming use for warehouse/storage purposes |
PROPERTY TAXES
| Parcel Number | 5620-56-8547-0000 | Improvements Assessment | $157,630 |
| Land Assessment | $73,500 | Total Assessment | $231,130 |
PROPERTY TAXES
Parcel Number
5620-56-8547-0000
Land Assessment
$73,500
Improvements Assessment
$157,630
Total Assessment
$231,130
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