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351 Station Rd Berryville, VA 22611

Multi-Tenant Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 270,000 square foot industrial property in Berryville, Virginia, presents a compelling value-add investment or owner-user opportunity. Situated on a spacious 22-acre lot, this multi-tenant facility boasts 11 tenants currently occupying 76% of the space, generating a current NOI of $860,176 and a pro-forma NOI of $1,094,376. The property features 24 loading docks and 24 dock-high doors, complemented by a 22-foot ceiling height. Originally constructed in 1940 and renovated in 1980, the building is zoned for industrial use, making it suitable for distribution, manufacturing, or warehousing. The property includes 13 units and offers one parking space per 1,000 square feet. Its strategic location within the Washington, D.C. metro area provides easy access to major transportation routes. Seller financing is available. This fee-simple ownership presents a rare opportunity to acquire a well-located, income-producing industrial asset with significant upside potential. The property is located at 351 Station Rd, Berryville, VA 22611.

Highlights

  • Seller financing available.
  • 270,000 SF industrial building on 22 acres, suitable for investment or owner-occupancy.
  • Industrially zoned, ideal for distribution, warehousing, or light manufacturing.
  • Well-located in the Washington, D.C. Metro area, offering convenient access to major transportation routes.
  • Built in 1940, renovated in 1980.

Property Details for 351 Station Rd

Property type
Warehouses, Industrial properties
Square Feet
270,000 SF
Year Built/Renovated
1940/1980
Lot Size (sq. ft)
958,320 SF
Units
13

Location Insight

City
Berryville
County
Clarke
State
Virginia
Latitude
39.149311
Longitude
-78.020765

FAQs

What type of property is this?
Warehouse - Multi-Tenant Value-Add Opportunity
Where is the warehouse located?
The property is located at 351 Station Rd Berryville, VA.
What are key features of this property?
This property features: Seller financing available.; 270,000 SF industrial building on 22 acres, suitable for investment or owner-occupancy.; Industrially zoned, ideal for distribution, warehousing, or light manufacturing.
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351 Station Rd
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