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362 Mountain Ave
White Sulphur Springs, WV 24986

Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.31 AC
Rentable Building Area 56,000 SF
No. Stories 1
Year Built/Renovated 1939/2006
Clear Ceiling Height 20 FT
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2

About 362 Mountain Ave , White Sulphur Springs, WV 24986

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.: 56,332 362 Mountain Avenue White Sulfer Springs, WV 24986

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17 1200470000
Land Assessment
$48,180
Improvements Assessment
$252,960
Total Assessment
$301,140

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 6478823

  • Date on Market: 3/27/2017

  • Last Updated:

  • Address: 362 Mountain Ave, White Sulphur Springs, WV 24986

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