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