former Alpha Natural Resources Offices

Retail-Commercial for Sale
Catylist Listing ID: 30783914
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
Building Size (RSF): 10,300 SF
Gross Building Area: 7,320 SF
Gross Land Area: 0.58 Acres
Sale Price: $650,000
Unit Price: $63.11 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Alpha Natural Resources Offices
Usable Size (USF): 10,300 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/2/2022

Overview / Comments

Just off the signalized corner of Porterfield Hwy and Elementary Drive. A tremendous amount of traffic due to the proximity of Abingdon Elementary, and several large churches on Elementary Drive. This building previously provided offices for Alpha Natural Resources and is well designed and laid out in an office configuration with approximately 24 offices, reception, meeting rooms, breakroom, and multiple restrooms, additionally an Xray room still remains from a previous tenant. Property is in a great location and is well supported with over 30 parking spaces.

Attachments & Media

Additional Details

Nearest MSA: Kingsport-Bristol
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 103 A 213 2B1
Zoning: B-2
Retail Clientele: General, Business, Recreation, Other
Property Located Between: Next to the Corner of Elementary Drive and Porterfield Hwy.
Property Visibility: Excellent
Largest Nearby Street: Porterfield Hwy
Highway Access: Property has direct access to Porterfield Hwy and Elementary Drive
Airports: Highlands Community Airport; Tri Cities Regional Airport
Site Description: Nearly level 0.60 acres just beyond on a signalized corner at one of the busiest stretches of Porterfield Hwy in Southwest Virginia just outside of the town limits of Abingdon, VA.
Area Description: Porterfield Hwy is Route 19/58 which connects Southwest Virginia and Eastern Kentucky with Abingdon and Interstate I-81. This business corridor sustains incredibly high traffic counts from Western Virginia into Abingdon and the Tri Cities.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 7,320 SF
Property Condition: Good
Year Built: 1987
Year Renovated: 1995
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: Block and wood framing.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Surface parking without marked spaces
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Satellite, Fiber Optic
Interior Description: Excellent office configuration with many large offices.
Zoning Description: B-2, business class 2 which holds the widest commerical/business use in the County and can support many retail as well as office uses.
Lot Frontage: 111'
Lot Depth: 121'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Normal easements for access as well as utilities.
Land Ownership: Fee Simple
Legal Description: Upon Request.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 8,775 17,414
Median Age: 46.67 45.03
Households: 4,042 7,850

Contact

Photograph of Listing Agent

Richard S. Armstrong, III

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