175 Mehler Ln - Manufacturing FOR SALE


Martinsville, VA 24112
$6,900,000 USD
540-493-4970
175 Mehler Ln, Martinsville, VA for Sale
$6,900,000 USD
Manufacturing - FOR SALE
1/27
null | Request Cap Rate

175 Mehler Ln
Martinsville, VA 24112


HIGHLIGHTS

  • Priced well below replacement cost at $45 PSF
  • 153,500 SF Building that is Expandable
  • 24' clear heights with 40' x 50' column spacing
  • Utilities include water, sewer, natural gas, generator, and high-speed fiber internet

OVERVIEW

Poe & Cronk Real Estate Group is pleased to present for sale 175 Mehler Lane in Martinsville, VA. This 153,500 square foot manufacturing / distribution facility includes 29.6 acres with expansion capabilities, high ceiling storage and warehouse space, and plenty of on-site parking. Abundant public utilities combined with a strong workforce make this an excellent opportunity for manufacturing and/or distribution operations. Property is excellently located at 175 Mehler Lane in the Patriot Centre Industrial Park in Martinsville, VA. This location includes an abundant and ready workforce, as well as providing for a 1-day ship time to 2/3 of the US Population along the east coast. The Patriot Centre Industrial park is outfitted to support modern manufacturing and distribution operations with public water, sewer, electricity, natural gas, and fiber internet.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Mehler Facility - Price Reduced

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

Lighting, Gas - Natural, Water - County, Sewer - County, Heating

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

102

LAND DETAILS

LAND ACRES

31.22

LAND SF

1,359,876

ZONING

I-1, Industrial

APN/PARCEL ID

601770025

ASK ABOUT THIS PROPERTY

Matt HuffPoe & Cronk Real Estate GroupMore Info
540-493-4970

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Matt HuffPoe & Cronk Real Estate GroupMore Info
540-493-4970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.