For Sale
$8,900,000

1368 Progress RdSuffolk, VA 23434

126,733 SF Warehouse, Manufacturing, Cold Storage

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A industrial property, located at 1368 Progress Road in Suffolk, Virginia, presents a significant investment opportunity. The 126,733 square foot facility, built in 2004 and renovated in 2014, comprises four buildings situated on a 21.44-acre lot. The property boasts 160 parking spaces and six dock-high doors, catering to efficient logistics. Zoned M-2, it allows for a wide range of heavy industrial uses. The existing infrastructure includes 38,000 square feet dedicated to extraction equipment (spray dryer and silo tower), a 40,000 square foot packaging area, a blast freezer, and substantial cold storage space, along with shipping and receiving areas. The property features a 5,000-amp service and a 4-inch water line with filtration and chlorine treatment. Its strategic location in Suffolk, VA offers proximity to major transportation routes and the Port of Virginia, enhancing its logistical advantages. The asking price is $8,900,000. This well-maintained property is ready for immediate occupancy and offers significant potential for expansion and customization. The property's existing infrastructure and flexible layout make it ideal for various industrial and manufacturing operations, including food and beverage processing.

Highlights

  • 126,733 SF industrial building.
  • Built in 2004, renovated in 2014.
  • M-2 zoning for heavy industrial use; 203 total parking spaces (43 truck/trailer, 160 car).
  • Suffolk, VA location near the Port of Virginia.
  • 38,000 SF of extraction equipment (spray dryer, silo tower).
  • 40,000 SF packaging area, blast freezer, cold storage, shipping/receiving areas.

Property Details for 1368 Progress Rd

Property type
Refrigeration & cold storage, Warehouses
Square Feet
126,733 SF
Class
A
Year Built/Renovated
2004/2014
Buildings
4
Lot Size (sq. ft)
933,926 SF

Location Insight

City
Suffolk
County
Suffolk city
State
Virginia
Latitude
36.76949695
Longitude
-76.53940031
1368 Progress Rd, Suffolk, Virginia

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1368 Progress Rd
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