Special Purpose•Other•For Sale

8214 Panther Lake Rd - Willow Springs - Commercial Lakefront Property

8214 Panther Lake Rd, Willow Spring, North Carolina 27592

Sale Price $375,000
Sale Type Owner User
Zoning General Commercial
Year Built 1900
Stories 2
Gross Bldg 2,675 SqFt
Land Area .59 Acres
This scenic .59 acre lakefront commercial property is a true UNICORN in the real estate industry. You will not encounter a more unique opportunity on the market! Site of Myatt Mill, circa 1752. The wooden apparatus is an old elevator that was belt driven to carry corn meal up from the mill to be packaged. All of the original wood down to the wooden pegs hold the frame of this building together. This historical property on Panther Lake has endless potential. Approved for multi-family apartments. Just a few of the other possible / allowable uses include a bed & breakfast or Airbnb, an event center, wedding venue, country store, brewery. Updated electrical. 2,675 SF under roof. 935 SF finished office. Office has been leased for $1,800/mo and can command higher rent. 200+ feet of road frontage. Several new subdivisions going up in area. Strong economy. Educated population. Easy access to I-540. Where country meets convenience. View drone video at https://tinyurl.com/myatt-mill. Middle Creek Township
  • Commercial Lakefront Property
  • Approved for Multi-Family Apartments
  • Perfect Spot for Bed & Breakfast or Airbnb
  • Potential Event Center / Wedding Venue
  • Potential to Build Multi-Family Apartments
  • Finished Office Can Be Leased for $1800+/mo
  • Possible Government Grants Available
  • Potential 50% Historical Tax Credits
  • Updated Electrical
2/19/2020 9:56:12 PM 5/15/2020 5:00:16 PM
Vandan Gandhi
Managing Broker
Keller Williams Elite Realty


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