This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

801 S Trade St
Tryon, NC 28782

Old Mill Market Square · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
80,000 SF
Building Class
C
Year Built/Renovated
1950/2016
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.11
Lot Size
16.00 AC
Zoning
M
Parking
100 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
900’ on Hwy 176 South(Trade St.)

AMENITIES

  • Enclosed Mall
  • Storage Space

ABOUT 801 S TRADE ST , TRYON, NC 28782

80000 square food building on 16 acres with 127 rentors/vendors. Concrete slab on grade completely wet sprinklered. 5 loading docks. Lots of parking. 10 miles from new multi-million dollar international equestrian center. 2016 Complete new LED lighting system installed. New roof installed in 2015. EPA clean bill of health for this facility Hwy 176 south of Tryon, NC. 801 Trade Street/intersection with 151 Southern Mercerizing Road. 900 feet frontage on HWY 176 Below are more details of the property: 1. Property contains an 80,000 square foot building on 16 acres. The roof was replaced in 2015. Complete LED relighting installed in 2017. There is about 900 foot road frontage on NC Highway 176. Frontage property along this section of Highway 176 has sold for about $100,000 per acre. 2. Between $250.000 and $300,000 was spent in past years to do a site clean up. Both OSHA and EPA were involved and we have a letter of compliance from the US Government stating that the site requires no further clean up (Dixie Yarn was previous owner of OMMS). 3. There is a large paved area for parking. 4. We have installed numerous thermostatically controlled over head natural gas fired heaters to maintain comfort during winter weather. Also, we have installed a cooling coil and commercial grade dehumidifiers to assist in cooling in the summer months. 5. We have installed a water furnace in the front office area which provides heat and a/c as needed. 6. Currently we have 127 vendors with a waiting list for more vendors. Our rent charges are below our competition and could be increased with little expected vendor loss. Note: We changed to seven days per week from previous 4 days per week and our plans are to boost vendor rental booth rates for all new vendors 7. Our projected gross sales for 2017 are $375,000. 8. Overview: 4 acres fronting Hwy 176 $400,000 8 acres behind the building 100,000 80,000 square foot building @ $20 (On 4 acres) 1,600.000 Business Annual cash flow $70,000 Price/cash flow of 10 700,000 Total: $2,800,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T6-D6
Land Assessment
$320,200
Improvements Assessment
$214,408
Total Assessment
$534,608
  • Listing ID: 3753790

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 801 S Trade St, Tryon, NC 28782

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}