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Historic Mill Campus

741 E Webb Avenue, Burlington, NC 27217

For Sale
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A full-block industrial complex combines loft floors, warehouse space, freight elevators, loading docks, and a paved yard.

Property Size85,000 SF
Lot Size2.79 Acres
Price / SF$35.24
Days on Market19

Property Features for 741 E Webb Avenue

General Information

Standard status Active
Size 85,000 SF
Lot size 2.79 Acres
Property subtype Industrial, Multifamily, Mixed Use

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes

Building Details

Year Built 1906
Construction brick
Listing Agency: The Meridian Realty Group
Listed By: Charlie Fulk, CCIM · License NC #224709
Source: Crexi
Added: Oct 23 Changed: Nov 8 Last Checked: Nov 10 at 5:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Meridian Realty Group

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Investment Insights

Based on property information with market context.

At 741 E. Webb Avenue, the Pickett Hosiery Mill is an approximately 85,000-square-foot brick complex on about 2.79 acres. Built in 1906 as the Aurora Cotton Mills finishing plant, the property expanded through the 1960s. Its improvements include heavy-timber loft floors, renovated steel-frame warehouse areas, freight elevators, loading docks, and a substantial paved yard.

The campus fronts E. Webb Avenue (NC 87/100) in Burlington, less than a mile from downtown. It is listed on the National Register and designated a local landmark. The property has been identified for potential multifamily or mixed-use conversion, as well as manufacturing, warehousing, self-storage, events, auction-house, and other commercial use.

Key Highlights

  • Approximately 85,000 SF of brick mill space on ±2.79 acres
  • Built in 1906 as the Aurora Cotton Mills finishing plant; expanded through the 1960s
  • Heavy‑timber loft floors alongside renovated steel‑frame warehouse space

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

Demographics for 27217, NC

39,556
Population
16,392
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
82%
High-School Grad
123.2 sq mi
ZIP Area
321
Density / Sq Mi
$50,770
Median Household Income
$34,253
Median Earnings
$859
Median Rent
$164,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A full-block industrial complex combines loft floors, warehouse space, freight elevators, loading docks, and a paved yard.
Where is this mixed-use property located?
The property is located at 741 E Webb Avenue Burlington, NC.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Approximately 85,000 SF of brick mill space on ±2.79 acres; Built in 1906 as the Aurora Cotton Mills finishing plant; expanded through the 1960s; Heavy‑timber loft floors alongside renovated steel‑frame warehouse space
(336) 722-1986 · Office Call to check price and availability
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