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$3,399,000
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Property Description
±87,500 SF food processing and cold storage facility situated on approximately ±30.50 acres in the heart of Monroe's established industrial corridor. The property is zoned General Industrial (GI) and is positioned directly adjacent to Tyson Foods' major production complex, placing it within one of the region's core food processing clusters. Originally constructed in 1950 and significantly renovated in 2019, the facility was in active use until approximately August 2023 and was previously USDA inspected and SQF Edition 8.1 certified during prior operations. The building layout supports cold production, packaging, staging, ambient storage, dry storage, and secured caged storage areas, in addition to office space, locker rooms, restrooms, and a breakroom/canteen. Cold storage infrastructure includes renovated freezers and coolers (approximately 2019) utilizing KeepRite refrigeration systems. Ceiling heights range from approximately ±10' to ±21' clear. The facility is served by robust 277/480V three phase power with one 1,000 kVA pad mounted transformer and two 2,000 kVA platform mounted transformers. Both wet and dry sprinkler systems are in place. Loading configuration includes six dock high doors (8' x 8'), consisting of three cold receiving and three shipping docks, along with two drive in doors at the compactor room. Covered truck bay and canopy structures provide additional staging and service flexibility. The site is fully fenced with an electronic vehicle gate at the entrance. A significant differentiator is the onsite industrial wastewater treatment system with a capacity of approximately 1,000,000 gallons per day (four 250,000 gallon cycles per day), designed to treat water prior to discharge into the municipal system. City utilities include water, sewer, natural gas, and electricity. In addition to the main building, the property includes a detached maintenance building with drive in access and a separate boiler/storage building (boiler currently inoperable), also with drive in access. An active rail line runs along the rear boundary of the property and potential spur access may be feasible, subject to verification. Of the ±30.50 acres, approximately eight acres are developed with the balance primarily wooded. The site includes remnants of historic foundations from a former World War II prisoner of war camp. The property is subject to recorded easements and encumbrances including municipal easements, utility rights of way, railroad access, mineral and riparian rights, and related matters as reflected in public records. Buyer to verify all information, systems, measurements, certifications, utilities, and equipment functionality. Located approximately four minutes from Highway 74, the property offers convenient access to Charlotte and Wilmington with minimal congestion for truck traffic. Union County Economic Development has historically supported industrial operations in this corridor and incentive programs, including potential property tax rebates for qualifying employers, may be available. This offering presents a rare opportunity for an owner user seeking a purpose built food processing and cold storage facility with substantial utility infrastructure already in place, or for an investor seeking a specialized industrial asset with long term repositioning potential.
Full Property Details
Full Property Details for 2701 Simpson St
General
- Sold For: $3,399,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4346027
- Added to Site: 124 day(s) ago
Interior
- Flooring: Concrete
Additional Information
- Equipment: Compressor, Generator
Parking
- Parking Features: Parking Lot
Location
- County: Union
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air, Humidity Control, Other - See Remarks
- Heating Type: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected, Natural Gas
Structural Information
- # Buildings: 3
- Construction Status: Completed
- Construction: Site Built
- Exterior Const.: Aluminum, Block
- Basement: Yes
- Basement Desc.: Storage Space, Unfinished, Walk-Out Access
- Roof: Rubber
- Ceiling Height: 21
- Drive-In Doors: 2
- # Loading Docks: 8
- Square Feet: 87,500
- Office: 10,000 Sq. Ft.
- Minimum Avail: 875,000 Sq. Ft.
- Year Built: 1950
Lot Features
- Street/Road Desc.: Gravel, Paved
- Lot Features: Cleared, Corner Lot, Open Lot, Paved, Wooded
- Rcmdd Zoning: GI
- Fencing (Description): Chain Link, Cross Fenced, Fenced
Financial Considerations
- Operating Expenses: $700,000
- Terms: Cash
Disclosures and Reports
- Special Conditions: In Foreclosure
- Restrictions: No Representation
- Inclusions: Building, Land
- Property ID: 09118004 70
- Lot Number: 9279/0197
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Schools
Schools serving 2701 Simpson St
School District:Union County Public Schools
| Name | Grades | Distance |
|---|---|---|
Rock Rest Elementary School 814 Old Pageland Monroe Road, Monroe, NC 28112 | K-5 | 1.8 mi |
East Union Middle School 6010 West Marshville Boulevard, Marshville, NC 28103 | 6-8 | 6.6 mi |
Forest Hills High School 100 Forest Hills School Road South, Marshville, NC 28103 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2701 Simpson St
Date
Details
Price
Change
Source
2/13/2026
Sold
$3,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2701 Simpson Street, Monroe, NC 28112 (MLS# 4346027) is a Commercial property that was sold at $3,399,000 on February 13, 2026. This property was listed by Patrick Register from our Ballantyne Office.Want to learn more about 2701 Simpson Street? Do you have questions about finding other Commercial real estate for sale in Monroe? You can browse all Monroe real estate or contact a Coldwell Banker agent to request more information.


