• 70°

Web site lists K-Town for sale

By Joanie Morris

Kannapolis Citizen

A listing on LoopNet.com shows Melvin Vanderburg and Fred Morrison are selling the K-Town Furniture property at 136 Oak Ave. for $7 million.

The listing is for 2.85 acres “situated in the heart of the new North Carolina Research Campus.”

It says the location is prime for a hotel, office building or medical laboratory and can accomodate a six story building. Owners are asking $2,456,140.35 an acre — or $7 million — for the property.

Owner Vanderburg was not available for comment at press time.

According to Richard Smith, planning director for the city of Kannapolis, the property is in what is considered the center city district of the Unified Development Ordinance.

“It has heavy restrictions as far as the village concept goes,” Smith said. “It has to match the adjacent properties.”

Smith added that for the listing to say outright that it will be fine for a six story building, “that’s sort of misleading.”

The maximum height allowed in the center city district is 72 feet — just over six stories.

“They could do up to six stories,” Smith said. “That will depend on the use and merit …

“There are other things that factor into that,” he added.

Smith said the owners of K-Town Furniture have inquired in the past about other locations in the city. They own property on Dale Earnhardt Boulevard in Kannapolis.

However, “nothing else has occurred with that,” Smith said.

The listing is through a real estate agent in Huntersville, Andrew Nicholson.

Contact Joanie Morris at 704-932-3336 or jmorris@ kannapoliscitizen.com.


Comments closed.


Gov. Cooper announces end to curfew, changes to restrictions affecting bars, high school sports


Blotter: Two charged after call about package


Salisbury Police investigating two shootings


Chase involving Kernersville man ends in woods behind Carson High School

News Main

North Rowan girls end season with playoff loss to Murphy


Rowan-Salisbury EC department plunges in place after raising $1,300 for Special Olympics


Tiger Woods injured in car crash, has surgery on legs


Local stakeholders set goals, direction to tackle city’s housing issues


RSS board talks future of Henderson Independent School


One new COVID-19 death, 23 new positives reported Tuesday


Concord to create fallen officer memorial featuring Rowan native Shuping


20-year-old man faces rape charges


Blotter: Man charged after shooting gun during argument


UPDATE: Missing Salisbury man found


RSS board votes to use upset bid process on Faith property


Committee to soon accept artist applications for ‘Paint the Pavement’ project


RSS board votes to send elementary students to in-person classes four days per week


County to administer nearly 1,700 vaccines this week


Political Notebook: Rep. Howard named ‘hospitality champion’ by North Carolina Restaurant and Lodging Association


Blotter: Gunshot fired into home on North Oakhurst Drive


Teenager reported missing in Salisbury


‘Everybody needs an Aunt Libby:’ Family celebrates 100th birthday of Rockwell doctor Elizabeth Lombard

Ask Us

Ask Us: Why is Rowan EMS no longer transporting some patients outside of county?


Blotter: Feb. 21