For Sale
$9,500,000

175 Mehler LnMartinsville, VA 24112

153,500 SF Distribution/Manufacturing Facility

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A industrial property, located at 175 Mehler Ln, Martinsville, VA 24112, offers 153,500 square feet of versatile space ideal for distribution and/or manufacturing operations. Situated on a 29.6-acre lot within the Patriot Centre Industrial Park, this single-tenant building boasts 24' clear heights with 40' x 50' column spacing, providing ample storage and warehouse capabilities. Built in 1995 and renovated in 1999, the facility includes four dock-high doors and is zoned I-1 Industrial, allowing for expansion opportunities. The property benefits from a strategic location providing one-day shipping access to two-thirds of the East Coast US population. Abundant public utilities are available, including water, sewer, natural gas, a generator, and high-speed fiber internet, supporting modern operational needs. The asking price is $9,500,000, translating to $61.89 per square foot, significantly below replacement cost. The strong workforce in the area and readily available infrastructure make this a compelling investment opportunity for businesses seeking efficient and strategically located industrial space. This property presents a rare combination of size, location, and functionality, making it an attractive option for discerning buyers.

Highlights

  • 153,500 SF Class A industrial building priced at $61.89/SF, well below replacement cost.
  • Expandable 153,500 SF building situated on a 29.6-acre lot in the Patriot Centre Industrial Park.
  • Features 24' clear height, 40' x 50' column spacing, and four dock-high doors.
  • Abundant utilities including water, sewer, natural gas, generator, and high-speed fiber internet.

Property Details for 175 Mehler Ln

Property type
Warehouses, Industrial properties
Square Feet
153,500 SF
Class
A
Year Built/Renovated
1995/1999
Buildings
1
Lot Size (sq. ft)
1,289,376 SF

Location Insight

City
Martinsville
County
Henry
State
Virginia
Latitude
36.7284068
Longitude
-79.8771606
175 Mehler Ln, Martinsville, Virginia

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175 Mehler Ln
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