130 Progress Way NE - Service FOR SALE


Norton, VA 24273
$649,000 USD
276-219-2213
130 Progress Way NE, Norton, VA for Sale
$649,000 USD
Service - FOR SALE
1/18
null | Request Cap Rate

130 Progress Way NE
Norton, VA 24273


HIGHLIGHTS

  • 1.0 acre with infrastructure for additional buildings
  • Located in growing commmerical/industrial park--perfect for manufacturing/industrial use, distribution, warehouse/storage, professional service
  • Mountain views
  • One hour from Tri-Cities TN and regional airport
  • Located in city's Opportunity and Enterprise zones
  • Two front drive-in doors are 14'x14'; two rear drive-in doors are 12'x12'

OVERVIEW

Take advantage of this incredible opportunity to own a well-maintained commercial building available in Norton, Virginia. Built in 2005, this spacious building sits on one acre of land with infrustructure for future expansion. This property is currently being used as an auto repair/service facility with a customer waiting area, 2 offices, and 2 half bathrooms—customer and employee. The 50 X 80 metal building is located within a growing commercial/industrial park and would be perfect for manufacturing/industrial use, a distribution center, a warehouse/storage facility, or a service-oriented business. The property has two large garage bays with automatic doors on both ends of the buillding. The garage space has new LED lighting, four industrial lifts, industrial air compressor, industrial Steam Jennie, and is fully insulated. New guttering was installed in 2024. This property is perfect for businesses looking to grow and expand in a strategic location with ample space for addtional development. Excellent location for an extended customer base with beautiful mountain views. Located within an hour of Trid-Cities, TN—Kingsport, Bristol, and Johnson City. One hour from Tri-Cities Regional Airport. Located in the city's Enterprise and Opportunity zones. Don't miss out on this rare opportunity. Buyers and Buyers' agents to verify information contained in this listing. Subject to Errors and Ommissions. See link for demographic information for Norton, Virginia. https://www.city-data.com/city/Norton-Virginia.html

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Use Property in Norton, VA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Auto Repair, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

Business/Industrial/Multi

APN/PARCEL ID

232N-4066

ASK ABOUT THIS PROPERTY

Virginia RobertsRidgeview Real EstateMore Info
276-219-2213

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

Virginia RobertsRidgeview Real EstateMore Info
276-219-2213

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