For Sale Commercial Real Estate Listings in Marshall, North Carolina
FOR SALE * $875,000 * Multi-Use * Marshall, North Carolina * Full Listing
38,000 sq.ft former Marshall Spinning Mill located on the French Broad River in Marshall, NC. Property has beautiful views across the river to downtown Marshall. Federal and state historic tax credits are available on this property. Also, the State of North Carolina has passed a special law for the renovation of former textile mills that entitles the renovator to an additional 20% tax credit under certain conditions. See NC Statute 105-129.71 (Credit for income-producing rehabilitated mill property)
This property is ideal for a 20-30 unit apartment/condominium project or a mixed-use development.
Marshall is located on the French Broad River 17 miles northwest of Asheville. The route is largely covered by I-26 and Hwy. 25/70. Over the last 5 years the town of Marshall has seen the renovation of many of the downtown buildings including former Madison High School into artists' studios, the former Bank of French Broad into the State Employees Credit Union, and Carolina...
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