Laboratory Cotton Mill
- $5,300,000
- 23,103 square feet
- Lot Size: 2.579 acres / Zoning: I-G
Beth Yarbrough, REALTOR®/Broker
Gilleland Realty, Inc.
704-813-8945,
bethyarbrough@charter.net
Recently Renovated Rural Mill Ready for Adaptive Use Projects!
The Laboratory Cotton Mill, circa 1887, has overlooked the South Fork River in Lincoln County, NC for 134 years. Fully restored and ready for the next chapter, the mill is available for purchase. It is currently in use as a successful event venue.
The mill features 23,103 square feet of event space that also holds potential for future adaptive reuse as corporate offices, mixed-use, boutique hotel with restaurant, microbrewery, residential, and more.
Current upgrades already in place include fully restored floors, beams, walls and rebuilt windows with double-pane glass. Original Queen Anne/Victorian architectural features remain. Additional features include new 70-ton HVAC system, new standing-seam metal roof, underground 3-phase power, Phase 1 and Phase 2 Environmental Studies complete, ample paved parking, ADA compliant entrances and ADA compliant modern restrooms, two separate kitchens with trench drain in lower level kitchen to support microbrewery and infrastructure in place for future restaurant kitchen.
The mill is located in the northwest section of the Charlotte Metro region. It is accessible to both Interstate 40 and Interstate 85 via 15-minute drive on dual-lane Highway 321. Charlotte Douglas Airport is approximately 30 minutes away. Multiple tax credits are available for future adaptive reuse of the mill.
The Laboratory Cotton Mill is under protective covenants held by Preservation North Carolina. Please contact Dawn Williams at dwilliams@presnc.org or 919-832-3652 x221 to request a copy of these covenants.