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LandBlueBook.com > Land for Sale > West Virginia > Industrial Land in Greenbrier County

Industrial Land in Greenbrier County, West Virginia

Posted By: Boyd Temple, Woltz & Associates, Inc., Roanoke, Virginia, United States
(800) 551 - 3588 www.woltz.com
Click to Send Email to:   Boyd Temple, Woltz & Associates, Inc., Roanoke, Virginia, United States
 
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The details of the land is listed below.
Auction Date:
Address: 362 Mountain Avenue
City: White Sulfer Springs
County: Greenbrier
State & Zip: West Virginia, 24986
Property Type: Commercial Building
Bedrooms: 0
Bathrooms: 0
Year Built: 2006
Building Area: 56332 sqft
Land Use: Industrial
Land Area: 3.30 Acres
Price: 1,695,000 USD
Contract Status: For Sale
Description: This 56,332± sq. ft. building has 6,000± sq. ft. in offices and the remainder in warehouse. The entire building was renovated in 2006 with new roof, HVAC and offices. Approximately $94,000 was spent in 2016 and 2017 for Caterpillar standby generator, HVAC system for server room, passcard secure interior doors, automated gate and security camera system. The annual net income is ± $170,000 per year. The tenants use of property is storage, scanning and microfilming medical records. Lease expires November 30, 2021. Prime investment property with over a 10[%] rate of return per year on investment. Total Acreage: 3.31± Acres Road Frontage: 540 ft. Gross Lot Sq. Ft.: 144,184 Onsite Parking: Yes (80± Spaces) Gross Building Sq. Ft.: 56,332 Office Sq. Ft.: 6,000 Warehouse Sq. Ft.: 50,332 Leased Investment Property: Income: $15,913.56 per month, $190,962 per year gross income Annual Expenses: Real Estate Taxes $6,650 General Liability Insurance: $7,750 Flood Insurance: $1,335 Note: The building has never flooded, including in the 2016 flood, which was a 1,000 year flood. Maintenance / Repairs: $5,227 Net Operating Income: $170,000 Leasable Sq. Ft.: 56,332 Number of Stories: 1 Basement: No Legal Description: Greenbrier Co., WV DB 503, pg 292 Tax ID: 17120047 Zoning: B3 (Business Industrial) Construction: Brick Ceiling Height: ±12 to 20 ft. (varied) Roof System: Rubber membrane Dry Fire Sprinkler System Heating: Gas Heat Cooling: Electric (Office and Server Room Areas) Shown by appointment.
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NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE OR WITHDRAWAL WITHOUT NOTICE.
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