Mink & Co.

Industrial for Sale
Catylist Listing ID: 30383605
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 61,500 SF
Gross Building Area: 58,500 SF
Gross Land Area: 4.03 Acres
Sale Price: $1,696,000
Unit Price: $27.58 PSF
Ceiling: 26 ft. / 22 ft. Clear
Docks/Doors: 2 Docks
Office SF: 6,560 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Mink & Co.
Usable Size (USF): 61,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2020

Overview / Comments

A great business opportunity in Washington County, VA at Exit 22, Enterprise Road and Newbanks Road in Abingdon, VA.
Great visibility and access to Interstate I-81, at Exit 22 with full utilities and if fully Sprinkled.
The properties in the former Industrial Park have access to sewer while most other properties in the immediate area do not.
The property contains 61,500 sq ft with 61,500 sq ft in warehousing (heated), 4,000 sq ft warehousing (full HVAC), and 6,500 sq ft of excellent office space on two levels. The building has separate restrooms for the Office area and for the warehouse space.
Access to the warehouse with 2 dock doors with levelers, and a 16 foot high drive in door.
This building has an infinite number of uses and is also available for Lease! Call today for more information, involving Lease rates.

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Taxing Authority: Washington County, Virginina
Tax ID/APN: 086-3-3B
Zoning: M-1
Property Located Between: Interstate I-81 and Hillman Hwy.
Highway Access: The property is less than 100 yards to the Southbound Exit & Entrance Ramps! On the corner of Newbanks Road
Airports: TRI - Tri Cities Regional Airport; Highlands Community Airport
Site Description: Level 4 acre lot on the corner of Enterprise Road and Newbanks road,
Area Description: Industrial area, with some manufacturing, located within 1,000 feet of KVat (Food City's distribution hub), just off of I-81.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 58,500 SF
Property Condition: Good
Year Built: 1992
Roof Type: Arched
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Metal Sided building in very good condition
Parking Type: Surface
Parking Description: Property has over 50 lined spaces and additional areas for parking around the building.
Total Parking Spaces: 50
Eave Height: 18
Column Spacing: 24
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 600
Volts: 208
X-Phase: 3 Phase
Heat Type: Electricity, Natural Gas
Heat Source: Central, Ceiling Units, Heat Pump
Air Conditioning: Package Unit
Lighting: Mercury Vapor
Internet Access: Cable, DSL, Gigabit, Other
Interior Description: The Office space is well defined and designed. The lower level has mainly executive offices, while the upstairs has several individual offices, while areas which are designed for cubes and team areas.
Zoning Description: M-1
Lot Frontage: + 280
Lot Depth: 600
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple
Legal Description: Upon Request

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,353 15,167
Median Age: 41.63 41.15
Households: 2,042 6,145


Photograph of Listing Agent

Richard S. Armstrong, III

TCI Group - Lowry & Foster, Inc. NETAR CMLS Member
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