Property summary
The Art Mill is a two-story industrial warehouse totaling 72,557 square feet on a 1.996-acre site in Hickory, North Carolina. The building was constructed in 1943 and underwent renovations in 2024. It is built with heavy-duty masonry and steel construction, retaining original hardwood floors, steel trusses with wood plank sheathing, and an 8-inch concrete perimeter wall foundation. The first floor contains 44,660 square feet and the second floor contains 27,897 square feet, including approximately 32,947 square feet of open warehouse/storage area and 14,336 square feet of flex/commercial space; the second floor is configured with capacity for additional commercial suites. Proposed multi-tenant layouts support 10+ suites. Site and building improvements include loading docks with multiple dock-high doors, a BendPak HD-9 material lift with 9,000 lb capacity supported by a PE-certified lift foundation, a wet pipe sprinkler system, 24-inch ventilation pipes, and a gated entry with chain link fencing. The property includes 59 paved parking spaces with one ADA-compliant space and has public water, sewer, and streets available, along with three on-site fire hydrants. The structure has a licensed PE certification (March 2025) stating it is structurally sound with compliance to the 2018 North Carolina Building Code and no structural deficiencies identified.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Supply Store
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Industrial Manufacturer Production Facility
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Gun Shop Fishing Store
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General Contractor
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
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