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shovel ready multi conversion opportunity 1910 Hunt Ave 253,500 SF Vacant Industrial Building Gastonia, NC 28054 $7,651,820 CAD ($30.18 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • 100% shovel ready project with building approvals in place
  • All due diligence items completed including appraisal, market study and phase 1 and 2
  • $50+ million in tax credits available with National Park Service approval
  • convenient access to I-85

EXECUTIVE SUMMARY

The asset has been rezoned to residential and the seller offers a 209 unit shovel ready conversion development with building permit approvals in place with architectural plans and specs. Over $50 million in federal and state tax credits. Please call for more information.

Buyer may also consider rezoning back to industrial.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $7,651,820 CAD
Price Per SF $30.18 CAD
Sale Type Investment
Sale Condition Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 12.50 AC
Rentable Building Area 253,500 SF
No. Stories 2
Year Built/Renovated 1917/1960
Parking Ratio 0.77/1,000 SF
Clear Ceiling Height 17’6”
No. Dock-High Doors/Loading 7
No. Drive In / Grade-Level Doors 2
Zoning I-U - Within the I-U zoning district, the use, Dwelling- Multi-Family, is a permitted use by right.

AMENITIES

  • Fenced Lot
  • Signage

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
217789
Land Assessment
$354,705 CAD
Improvements Assessment
$1,276,475 CAD
Total Assessment
$1,631,180 CAD
  • Listing ID: 38916439

  • Date on Market: 2025-12-29

  • Last Updated:

  • Address: 1910 Hunt Ave, Gastonia, NC 28054

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