Value-Add Industrial 980 3rd Ave SE 42,980 SF Industrial Building Hickory, NC 28602 For Sale

This offering presents a unique opportunity to acquire or lease a well-located industrial manufacturing warehouse facility in Hickory, North Carolina—one of the Piedmont region’s established production corridors. The ±42,980-SF facility sits on 4.56 acres and is configured for manufacturing, fabrication, or flex industrial use, featuring heavy power infrastructure, open production areas, and multiple drive-in loading doors.

The property includes approximately 1,500 SF of finished office space and a mix of masonry, steel-frame, and wood-frame construction. Clear heights range from approximately 14’ to 16’, depending on building section. Electrical capacity includes dual transformers (300 kVA and 750 kVA) and 3-phase power suitable for industrial operations.

For qualified parties, select on-site manufacturing and CNC equipment may be made available under a separate agreement, subject to lender approval, allowing an incoming operator to accelerate operations without independently sourcing assets. Ownership is open to multiple transaction structures, including an outright real estate sale, a lease arrangement, or a combined real estate and asset transaction.

This is not a business-for-sale or liquidation offering. The property and any optional assets are available as an industrial real estate and equipment opportunity only. The location provides efficient access to the Charlotte metropolitan area, regional suppliers, and major transportation corridors, making it suitable for both regional and national users.

Lease: NNN preferred; terms negotiable. Ownership open to lease or sale, depending on structure.
Lease Rate: $4.50/sq foot per month
Term: Negotiable
Availability: Immediate

Disclosure / Compliance Language:
All sale or lease transactions are subject to lender approval. Equipment, if any, is not included in the base real estate offering and is available only under a separate agreement.

For Sale – Equipment / Building / Both
For Lease
For Sale or Lease with Optional Equipment (Subject to Lender Approval)
Sale - $3.2m (including machinery) or $1.8m for just the building.

980 3rd Avenue SE, Hickory, NC 28602, Catawba County

42,980 SF (Approx.)
4.56 acres
Built: 1976 (Various additions and upgrades over time)
Industrial

Loading:
5 roll-up / drive-in doors
Rear loading areas with concrete pads

Equipment:
Select manufacturing equipment may be available under a separate agreement (subject to lender approval). Equipment list available upon NDA, including CNC machinery, dust collection system, compressors, and material handling.

Power:
Heavy industrial power
208/120V, 3-phase
(1) 300 kVA transformer
(1) 750 kVA transformer
Panels up to 1,600 amps

Office Space:
Approx. 1,500 SF finished office

Utilities:
Municipal water
Municipal sewer
Natural gas

HVAC:
Office: New rooftop unit (2023)
Manufacturing: Multiple rooftop units and gas heaters

Parking:
On-site paved parking and drive aisles

Due Diligence Snapshot
Roof: Multiple systems (TPO, EPDM, modified bitumen, shingle). TPO installed ~2011. Serviceable per recent engineering PCA; replacement is a future capital item, not immediate.
Fire Protection: Partial sprinkler coverage (office areas); fire alarm system in place.
Structure: Masonry, steel-frame, and wood-frame sections; concrete slab-on-grade.
Clear Height: ~14’–16’ (varies by section).
Columns / Bays: Typical industrial bay spacing; details available during diligence.
Loading: 5 drive-in roll-up doors; rear concrete loading pads.
Yard / Site: 4.56 acres; ~1,700 LF chain-link fencing with barbed wire; paved parking and drive aisles.
Power: 208/120V, 3-phase; dual transformers (300 kVA + 750 kVA); panels up to ~1,600 amps.
Environmental: Prior industrial manufacturing use; Phase I can be provided during diligence.
Deferred Maintenance: Identified in PCA as long-term capital planning items typical for assets of this vintage.