$5,600,000
$5,975,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
49,325 SqFt
SOLD DATE : 06/28/2019
Key Details
Sold Price $5,600,000
Property Type Commercial
Sub Type Warehouse/Office
Listing Status Sold
Purchase Type For Sale
Square Footage 49,325 sqft
Price per Sqft $113
MLS Listing ID 3289049
Sold Date 06/28/19
Construction Status Completed
Year Built 2007
Lot Size 4.640 Acres
Acres 4.64
Lot Dimensions 372x574x449x712
Property Sub-Type Warehouse/Office
Property Description
Excellent opportunity for 1031 exchange! Crosslake Expo Center is a commercial facility consisting of 30 office/warehouse/flex condominiums within 2 buildings. Listing represents 27 units out of 30 total. The owner of the outstanding 3 units in building 2 is also willing to participate in a sale. Included in sales price is an additional 1.3 acre building site that can accommodate an additional 22,000 square ft building. Little deferred maintenance and healthy condo reserves. 96.2% occupancy!
Location
State NC
County Iredell
Building/Complex Name Crosslake Expo Center
Zoning HI
Rooms
Basement Basement, Exterior Entry, Finished
Interior
Heating Central, Electric, Natural Gas, Zoned
Cooling Central Air
Flooring Carpet, Concrete, Tile, Laminate, Hardwood, Tile, Vinyl
Exterior
Utilities Available Electricity Connected, Gas, Phone Connected
Roof Type Flat,Rubber
Street Surface Paved
Accessibility Two or More Access Exits, Accessible, Bath 60 Inch Turning Radius, Bath Grab Bars, Bath Raised Toilet, Roll-In Shower, Bath Roll-Under Sink, Door Width 32 Inches or More, Lever Door Handles, Swing In Door(s), Entry Slope less than 1 foot, Exterior Curb Cuts, Garage Door Height Greater Than 84 inches, Hall Width 36 Inches or More, Handicap Parking, Mobility Friendly Flooring, No Interior Steps, Zero-Grade Entry
Total Parking Spaces 131
Building
Builder Name RL Smith
Sewer Public Sewer
Water City
Structure Type Concrete,Metal,Stone,Stucco
New Construction false
Construction Status Completed
Others
Restrictions Building
Acceptable Financing Conventional, Exchange
Listing Terms Conventional, Exchange
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Richards • High Ground Investment Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
GET MORE INFORMATION