Sterling Casket
Industrial
for Sale
| Catylist Listing ID: |
30408364 |
| Property Subtypes: |
Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
|
| Building Size (RSF): |
40,700 SF
|
| Gross Land Area: |
4.92 Acres
|
| Sale Price: |
$799,000 |
| Unit Price: |
$19.63 PSF |
| Docks/Doors: |
2 Docks, 3 Doors |
| Office SF: |
1,000 SF |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Sterling Casket Co. |
| Usable Size (USF): |
40,700 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/19/2020 |
Overview / Comments
|
Great Commercial Investment Opportunity on Exit 22, I-81, Abingdon, Virginia. The former Sterling Casket Co. has closed and is now available For Sale. The former hardware foundry built in 1966, is now available for renovation or have the 4.92 Acres redeveloped as a new commercial site. Having great visibility from I-81 at Exit 22, being located next to the South bound entrance ramp to the Washington County Industrial Park which is the home to KVat (Food City), Haapco, VDOT, and a number of other venders, along with the having the closest Interstate 81 access to Johnston Memorial Hospital, this property is highly desirable. County Utilities Available (water & Sewer), call for more information.
|
Additional Details
| Nearest MSA: |
Kingsport-Bristol |
| County: |
Washington |
| Taxing Authority: |
Washington County, VA |
| Tax ID/APN: |
086 A 30 |
| Zoning: |
M-1 |
| Property Located Between: |
I-81 and Hillman Hwy |
| Highway Access: |
Exit 22, I-81 |
| Airports: |
Tri Cities Regional Airport, Highlands Community Airport |
| Site Description: |
Nearly level site, located just off of I-81 at Exit 22, Abingdon, VA |
| Area Description: |
Property is located next to I-81 and directly in front of the Washington County Industrial Park. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
40,700 SF |
| Property Condition: |
Fair |
| Year Built: |
1966 |
| Year Renovated: |
1986 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Brick, Metal Siding |
| Exterior Description: |
Exterior is mostly brick, with an Steel skinning addition. |
| Parking Type: |
Surface |
| Parking Description: |
Parking in front of the facility has 9 spaces, and a large lot for trucks and employees is unmarked. |
| Column Spacing: |
24' |
| Overhead Cranes: |
Undisclosed |
| Sprinklers: |
None |
| Amps: |
800 |
| Volts: |
408 |
| X-Phase: |
3Phase |
| Heat Type: |
Natural Gas |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
5,353 |
15,167 |
| Median Age: |
41.63 |
41.15 |
| Households: |
2,042 |
6,145 |
|
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Neither Northeast Tennessee Association of REALTORS® nor
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