The Laboratory Mill

The centerpiece of a National Register Historic District, the Laboratory Mill, circa 1887, has overlooked the banks of the South Fork River in Lincoln County, NC for 134 years.  Fully restored and ready for the next chapter, the mill is now available for sale.  It is currently a successful event venue with the potential for future adaptive reuse beyond that.   The property is under protective covenants with Preservation North Carolina.  With most infrastructure upgrades already accomplished, future potential includes corporate headquarters, mixed-use, boutique hotel/country inn, restaurant/microbrewery, and even residential.  Multiple tax credits are still available on this property.  Located in the northwest quadrant of the Charlotte, NC metro area, the mill is 15 minutes from Interstates 40 and 85 via dual-lane Highway 321.  As well, Charlotte Douglas International Airport is 30 minutes away.  Upgrades and improvements include 70-ton HVAC, underground 3-phase power, a new standing-seam metal roof, rebuilt windows with double-paned glass, modern ADA compliant restrooms on both levels, ADA compliant entrys, paved parking, and Phase 1 and Phase 2 Environmental Studies completed.  Original floors, beams, windows, brick walls, and Queen Anne architectural features remain.  Two large kitchens, one on each level, are positioned for easy expansion.  The lower-level kitchen, for instance, has extra overhead venting and trenched floor drains suitable for microbrewery already in place. The property overlooks the original mill dam and spillway and the Carolina Thread Trail which follows the river on the opposite bank. Contact co-listing agents Beth Yarbrough, Broker/Realtor, mobile 704-813-8945 or John Gilleland, Broker/Realtor, mobile 704-460-3660.  Gilleland Realty, Inc., 341 East Main Street, Lincolnton, NC 28092.

Details

Property ID
646724

1
Bedroom

6
Bathrooms

Square Footage
23103

Lot Size
2.75

Year Built
1887

Style
Mill

Property Website