Kannapolis to buy warehouse for $800,000

  • Posted: Monday, August 20, 2012 12:01 a.m.
    UPDATED: Monday, August 20, 2012 3:15 a.m.

By Hugh Fisher
hfisher@salisburypost.com
KANNAPOLIS — After years of relying on multiple locations for storage, the city of Kannapolis should soon have a new central warehouse facility.
After about 15 minutes of discussion in closed session at the Aug. 13 meeting, members of the Kannapolis City Council returned to open meeting and voted unanimously to make an offer of $800,000 for the property at 1230 S. Main St.
The warehouse is a metal building, approximately 20,000 square feet, situated on about 2.5 acres at the intersection of South Main Street and Lowrance Avenue.
City Manager Mike Legg told the Post on Saturday that the offer had been accepted, and that a 45-day due diligence period had begun.
The current owners of the property are Ronald and Elizabeth Miller, according to Cabarrus County tax records.
Current tax value listed for the property is $794,730.
The property had been listed by Locus Real Estate with an asking price of $1.1 million.
It was not immediately clear how long the building had been on the market.
Legg said the warehouse would fulfill an important need for Kannapolis. At present, the city’s storage is spread among multiple facilities, he said.
In addition, Legg said, the Kannapolis Police Department lacks secure storage for evidence and confiscated property.
“This (warehouse) is in a central location,” Legg said. In addition, its visibility and the layout of the building and grounds will make it easy to secure.
Gary Mills, director of Kannapolis Parks & Recreation, said the current facility — the former downtown post office building on Loop Road, owned by the city — is too small.
And there’s an additional perk to having the former post office free.
Earlier in the Aug. 13 City Council session, members discussed the city’s participation in the Main Street program, which emphasizes historic preservation.
The old post office is one of the few historic buildings wholly owned by the city.
For that reason, Irene Sacks, the city’s director of business and community affairs, said the building was an ideal candidate for preservation efforts.
Contact Hugh Fisher via the editor’s desk at 704-797-4244.

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