St. Paul Industrial Facility - VIDEO TOUR

Industrial for Sale
Catylist Listing ID: 29946138
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Research & Development, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 284,406 SF
Gross Building Area: See Agent
Gross Land Area: 14.07 Acres
Sale Price: $4,600,000
Unit Price: $16.17 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Bush Furniture Industries
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2017

Overview / Comments

NEARLY 285,000 SQ FT FACILITY ON 14 ACRES! Exceptional property ideally suited to a multitude of uses from industrial consolidation or expansion to educational, training, or technology facility to high tech R&D to regional tourism. Former Bush Furniture Industries, facility can be divided for separate users. This single story building has 6,240 sq ft office area fully heated and cooled. Open warehouse area has 24'-30' ceiling height, 100% sprinkler system, 15 8'x8' and two 14'x14' manual dock-high loading doors, one 14'x14' drive-in door, two 14'x14' floor level doors, one 12'x14' floor level door and two 14'x16' drive-in doors. Partially fenced. Approximately 256 parking spaces. Active rail spur on site with both CSX and NS access. See attached for detailed floor plan, site plan or download complete property portfolio packet. Property also for lease, may be subdivided, see separate listing or contact listing agent to discuss options.

St. Paul was recently named a top achiever by Virginia Town & City magazine for towns with populations under 5,000. The magazine gushed over St. Paul's determination to move beyond an eroding coal-based economy into an eco-future. The Southwest Virginia area has proven to be very business friendly with potential for economic incentives, supportive local services, ample workforce and great quality of living. From tax credits to tax exemptions, Virginia continues to demonstrate its willingness to invest in those who invest and reinvest in the Commonwealth.

Property located on Hwy 58 in St. Paul, Virginia approximately 30 miles west of I-81 in Abingdon, Virginia. View video tour for property overview. Contact broker to discuss opportunities and to schedule a tour of facility.

Additional Details

Nearest MSA: Big Stone Gap
County: Wise

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,805 8,450
Median Age: 43.91 43.63
Households: 1,161 3,499
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