315 E Main St Bldg 315 E Main St 320,000 SF 100% Leased Industrial Building Elkin, NC 28621 $7,000,000 ($21.88/SF)

±320,000 SF INDUSTRIAL COMPLEX | ELKIN, NC
315 E Main Street | $7,000,000 | Seller Financing | Divisible
315 E Main Street presents a unique opportunity to acquire approximately 320,000 SF of industrial, manufacturing, warehouse and office space on approximately 10.67 acres in Elkin, North Carolina. The property is identified as M-1 Industrial and offers the infrastructure, loading capacity and flexibility required by a wide variety of industrial users.
The facility has undergone significant renovations and capital improvements, including renovated/new office space, new electric heat pumps in improved areas, LED lighting, new windows, electrical upgrades and substantial roof replacement. The majority of the roofs have been replaced, with the primary exceptions being portions of the loading-dock area and a relatively small rear section.
Industrial infrastructure includes approximately 1,600-amp, 3-phase power, 23 loading docks, one tractor-trailer-sized drive-in door, full-building sprinkler protection and ceiling heights ranging from approximately 14' to more than 25'. Major portions are heated by natural gas.
The property also includes more than 20,000 SF of existing concrete slab remaining from a former building that was demolished within the past several years, potentially providing additional flexibility for outdoor storage, staging, equipment or future improvements, subject to applicable approvals.
WHOLE PROPERTY
±320,000 SF | $7,000,000
Purchase the entire industrial complex, providing substantial manufacturing, warehouse, distribution and office capacity with the ability to utilize individual building sections for separate operations or potential tenant occupancy.
FRONT SECTION
±102,958 SF | $2,500,000
Approximately 102,958 SF of gross building area based upon onsite measurements, including approximately 36,434 SF first floor, 36,434 SF second floor and 30,090 SF third floor.
Features include 12 loading docks, sprinkler protection, LED lighting, new windows and renovated/new office space.
NORTH/REAR SECTION
±93,555 SF | $2,000,000
Approximately 93,555 SF gross building area over four levels, with historical facility drawings indicating approximately 89,227 SF of usable/interior area.
Features include sprinkler protection, elevator service, LED lighting and substantial roof improvements.
OWNER FINANCING AVAILABLE
Seller will consider owner financing for qualified purchasers with approximately 20% down, 6.0%–6.5% interest and a five-year balloon payment, subject to negotiated amortization, buyer qualifications and final seller approval.
The combination of size, M-1 industrial use, loading infrastructure, 3-phase power, sprinkler protection, substantial renovations and flexible purchase options makes this property suitable for manufacturing, distribution, warehousing, light/heavy industrial operations, investment or redevelopment.
Potential division and separate sale are subject to survey, subdivision approval, utility arrangements, access/easement agreements, building and fire-code requirements and all other applicable governmental approvals. All building areas and specifications are approximate and should be independently verified by purchaser.