12045 Old Us Highway 70, Cove City, NC 28523
12045 Old Us Highway 70, Cove City, NC 28523
12045 Old Us Highway 70, Cove City, NC 28523
12045 Old Us Highway 70, Cove City, NC 28523
12045 Old Us Highway 70, Cove City, NC 28523
12045 Old Us Highway 70, Cove City, NC 28523
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$ 2,000,000
Est. payment | /mo

1,750 SqFt


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$ 2,000,000
Est. payment | /mo
Save

1,750 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $1,142

Subdivision Not In Subdivision

MLS Listing ID 100611697

HOA Y/N No

Year Built 1940

Lot Size 161.000 Acres

Acres 161.0

Lot Dimensions 2768 x 1124

Property Sub-Type Business

Source Hive MLS

Property Description

Discover an exceptional commercial and recreational opportunity at 12045 Old US Highway 70 in Cove City, North Carolina. Formerly home to Baillie Lumber Company and World Wood, this expansive 161 acre property offers an established industrial style facility, substantial covered storage, enclosed metal buildings, and extensive wooded acreage with outstanding potential for a variety of commercial and recreational uses. Approximately 30 acres encompass the existing facility, featuring multiple storage buildings, overhang shelters, and two substantial enclosed metal buildings measuring approximately 100' x 120' and 175' x 150'. These expansive structures offer significant potential for commercial storage, equipment and materials storage, warehouse operations, or the development of indoor recreational facilities, subject to applicable approvals and building requirements. Imagine the possibilities for indoor volleyball, soccer, training facilities, or other large-scale recreational concepts requiring substantial covered space. Beyond the developed facility, approximately 131 acres of wooded land provide additional space, privacy, and opportunities for future planning and investment, subject to zoning, permitting, access, and site suitability. The combination of existing infrastructure and extensive acreage creates a unique opportunity for investors, developers, commercial operators, or entrepreneurs seeking a property with room to grow. Zoned commercial, this substantial tract offers a rare combination of existing buildings, covered work and storage areas, and significant undeveloped land in one expansive property. Whether envisioning a commercial storage operation, an indoor sports and recreation destination, or another permitted commercial venture, this property offers a versatile foundation for exploring your next investment. Important property conditions: Forklifts and wood products remaining on site do not convey with the sale. The property is subject to a restriction prohibiting its use as a hardwood lumber sawmill; the processing of hardwood logs into lumber; the processing of hardwood lumber for sale; the drying of hardwood lumber; or the storage of hardwood lumber or hardwood logs. A rare opportunity to acquire substantial acreage with existing commercial infrastructure and room to envision what comes next. Explore the possibilities at this distinctive Cove City property and bring your next commercial or recreational venture to life.

Location

State NC

County Craven

Community Not In Subdivision

Zoning COMMERCIAL

Direction From Main Street in Cove City, take Old US Hwy 70 West approximately 2.7 miles

Rooms

Basement None

Interior

Heating Heat Pump, Electric

Cooling Heat Pump

Exterior

Parking Features Paved

Utilities Available Electricity Connected, Water Connected

Roof Type Metal,Shingle

Present Use Vacant,Timber,Commercial,Industrial

Garage No

Building

Dwelling Type Steel Frame,Wood Frame,Metal Fab

Water Public

Structure Type Concrete,Vinyl Siding,Steel Frame,Wood Frame

New Construction No

Others

Tax ID 3-044 -040

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Meg Underwood • Realty ONE Group East

Nearby Locations

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12045 Old Us Highway 70