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Commercial Building for Sale in White Sulfer Springs, West Virginia, United States

📍 White Sulfer Springs, West Virginia, United States 24986

📋Property Details

Status
Under Contract
Property Type
Commercial Building
Price
$1,500,000.00
Address
362 Mountain Avenue, White Sulfer Springs, West Virginia 24986
County
Greenbrier
Land Area
3.30 AC
Building Area
56332
Year Built
2006
Type
Traditional
Land Use
Industrial
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.

🗺Location & Terrain Satellite

Open in Maps
Coordinates (DMS)
37°47'30.1"N 80°17'33.8"W
Decimal
37.791694, -80.292728
Degrees / Minutes
37°47.502'N 80°17.564'W
Elevation
1,877 ft / 572 m
ⓘ The shaded circle shows the approximate area of the parcel based on its acreage. It is not a surveyed boundary.

📊Area & Market Commercial Building in United States

1
in White Sulfer Springs
1
Greenbrier County
3
in West Virginia
1,357
in United States
Median price
$1,250,000
11 listings in Commercial Building in United States
Median size
1.8 ac
Price range
$100,000 – $15,000,000
Avg high / low
63° / 45°F
annual average
Annual rainfall
39 in

🔗Area Resources & Due Diligence

🏠Other Listings Nearby West Virginia

👤Contact

B
Boyd Temple
Woltz & Associates, Inc.
🌐 www.woltz.com

Contact Agent

NOTES: THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE, OR WITHDRAWAL WITHOUT NOTICE.
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