For Sale
$1,800,000

300 Wythe StPortsmouth, VA 23704

15,611 SF, Refrigerated Facility, VA

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 15,611-square-foot food processing plant, located at 300 Wythe St, Portsmouth, VA 23704, presents a unique investment opportunity. Built in 1981 and significantly renovated in 2016, this single-building facility sits on a 1.66-acre lot and boasts three loading docks, all at dock level for efficient operations. The building features a 16-foot ceiling height and is constructed of 10-12 inch concrete on pilings. Importantly, the interior is certified to be 9 feet above the flood zone, providing peace of mind. The 2016 renovation included a complete retrofit of all electrical systems, panels, and water lines. This property benefits from excellent logistics, offering direct access to Interstate 264 and close proximity to the ports of Virginia, making it ideal for distribution. The asking price is $1,800,000, translating to $115.30 per square foot. This turnkey operation is ready for immediate occupancy and presents a compelling opportunity for a variety of food processing businesses. The property's strategic location and modern infrastructure make it a highly desirable asset in the competitive food processing market. This is a rare chance to acquire a well-maintained, strategically located industrial property with significant potential for growth and profitability. The three-phase, 600V electrical service ensures ample power for demanding operations.

Highlights

  • 10"-12" concrete slab on piling foundation.
  • Building interior is above the flood plain.
  • Three (3) loading docks at grade level.
  • Direct I-264 access.
  • Convenient port proximity.

Property Details for 300 Wythe St

Property type
Refrigeration & cold storage, Industrial properties
Square Feet
15,611 SF
Year Built/Renovated
1981/2016
Buildings
1
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.829783999018
Longitude
-76.300500970544
300 Wythe St, Portsmouth, Virginia

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300 Wythe St
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