281 Industrial Dr - Manufacturing FOR SALE


Gretna, VA 24557
$7,250,000 USD
704-972-2040
281 Industrial Dr, Gretna, VA for Sale
$7,250,000 USD
Manufacturing - FOR SALE
1/11
null | Request Cap Rate

281 Industrial Dr
Gretna, VA 24557


HIGHLIGHTS

  • Very clean - recently used for FDA regulated distribution
  • 19' - 27' clear ceiling height
  • 3,000 amp and 1,600 amp, 480/277 volt 3 phase electrical service
  • Entire facility was previously air-conditioned; approx 11,700 SF "cool room" currently utilized
  • 8 dock high doors and 2 drive in doors - two loading areas
  • Approximately 6,800 SF office, break room and rest room area

OVERVIEW

Positioned within the established Gretna Industrial Park, 281 Industrial Drive presents a compelling acquisition opportunity for investors and owner-users seeking a high-functioning industrial asset with exceptional infrastructure and expansion potential. The modern single-story facility spans approximately 135,000 square feet across 12.26 acres, offering a combination of robust construction, flexible layout, and upgraded mechanical systems that make it suitable for advanced manufacturing, assembly, warehousing, and distribution operations. Built in 1993 with a major expansion in 1996, the property has been exceptionally maintained and showcases a durable insulated metal panel envelope, 24-gauge standing seam roof, and 6-inch reinforced concrete floors designed for heavy industrial use. The building features attractive 19-foot clear eaves with 27-foot clear at the center, supported by efficient 25’ x 60’ column spacing. With a full complement of dock-high and drive-in doors, the truck court and loading configuration support high-volume throughput. Electrical capacity is substantial, supported by a 1,500 KVA transformer and dual switchgear systems at 3,000 and 1,600 amps. The facility also includes a fully wet sprinkler system with booster pump, extensive compressed air line infrastructure, and a specialized 11,700-square-foot conditioned cool room. A thoughtfully planned 6,800-square-foot office area provides functional administrative space complete with conference room, reception, break room, and multiple private offices. Beyond the building itself, buyers will appreciate the paved parking for over 230 vehicles and the adjacent Town-owned land that allows for future expansion. With direct access to four-lane Highway 29 and a 30-minute drive to Lynchburg Regional Airport, this facility is strategically positioned for regional and multi-state logistics. This property represents a rare chance to acquire a versatile and investment-ready industrial asset with strong long-term utility.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

UTILITIES

Gas - Propane, Water - City, Sewer - City, Heating

CLEAR CEILING HT

27 Ft

DOCKS

8

DRIVE INS

2

PARKING SPACES

236

LAND DETAILS

LAND ACRES

12.26

LAND SF

534,046

ZONING

M-2

APN/PARCEL ID

2520-75-1538

ASK ABOUT THIS PROPERTY

Douglas FarisBinswangerMore Info
704-972-2040

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Douglas FarisBinswangerMore Info
704-972-2040

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