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- LoopNet Team
801 S Trade St
Tryon, NC 28782
Old Mill Market Square · Retail Property For Sale

PROPERTY FACTS
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
LINKS
PROPERTY TAXES
Parcel Number | T6-D6 | Improvements Assessment | $214,408 |
Land Assessment | $320,200 | Total Assessment | $534,608 |
PROPERTY TAXES
Listing ID: 3753790
Date on Market: 9/24/2016
Last Updated:
Address: 801 S Trade St, Tryon, NC 28782
The Retail Property at 801 S Trade St, Tryon, NC 28782 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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