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106 E Railroad Ave 146,000 SF 100% Leased Industrial Building Gibsonville, NC 27249 $7,073,612 CAD ($48.45 CAD/SF)
Investment Highlights
- Fronts Whitsett Ave.
Executive Summary
Retail / industrial 131K SF building for lease or sale. For owner/users with term, excellent opportunity to have 1K – 63K+ SF space in an established downtown district. If not used for simple warehouse, solid location for brewery, fitness, entertainment, industrial, offices and/or self storage concept. This building is currently occupied with both established tenants as well as remaining areas in lease up. Until leased long term, owners will consider M-M tenants with a 30 day out. vacancy. The NOI on the flyer is from 2024 and being updated. NOI in 2025 was approx. $237K and increasing with new tenants. See the property flyer for more details, photos, floor plan. A detailed dropbox with additional information is also available for review. This includes environmentals, survey, etc. Contact broker with further interest or questions.
Property Facts
| Price | $7,073,612 CAD | Lot Size | 20.00 AC |
| Price Per SF | $48.45 CAD | Rentable Building Area | 146,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built/Renovated | 1935/2024 |
| Property Type | Industrial | Parking Ratio | 0.23/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Zoning | CP - Zoned industrial in Gibsonville | ||
| Price | $7,073,612 CAD |
| Price Per SF | $48.45 CAD |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 20.00 AC |
| Rentable Building Area | 146,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1935/2024 |
| Parking Ratio | 0.23/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | CP - Zoned industrial in Gibsonville |
Amenities
- Fenced Lot
- Signage
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
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Property Taxes
| Parcel Number | 0102532 | Improvements Assessment | $3,021,464 CAD |
| Land Assessment | $226,204 CAD | Total Assessment | $3,247,668 CAD |
Property Taxes
Parcel Number
0102532
Land Assessment
$226,204 CAD
Improvements Assessment
$3,021,464 CAD
Total Assessment
$3,247,668 CAD
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106 E Railroad Ave
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