For Sale
$3,000,000

26609 Newbanks RdAbingdon, VA 24210

Prime Cold Storage, I-81 Access

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 34,000-square-foot Class B cold storage facility in Abingdon, Virginia, presents a unique investment opportunity. Located at 26609 Newbanks Rd, 24210, this single-story, 1998-built structure sits on a 2.98-acre lot zoned M-1 Industrial, offering convenient access to I-81 Exit 22. The property boasts 4 loading docks with 4 dock-high doors, and a substantial 30-foot ceiling height. The facility features 740,000 cubic feet of freezer space equipped with racking systems. Currently available for sale at $3,000,000 ($88.24/sq ft), the owner is open to selling as-is or making upgrades to the refrigeration system to meet tenant requirements. The property is ready for occupancy on January 1, 2024. Note that the square footage does not include a semi-finished and heated area above the offices. This location offers proximity to the Food City Distribution Center, making it an ideal choice for cold storage or dry food distribution businesses. The property is privately owned.

Highlights

  • $3,000,000 asking price for this 34,000 SF Class B refrigerated/cold storage facility.
  • Located in Abingdon, VA at 26609 Newbanks Rd, near I-81 Exit 22.
  • Features 4 loading docks and 4 dock-high doors, with 30' ceiling height.
  • Sits on a 2.98-acre lot and is zoned M-1 Industrial.
  • Built in 1998, this single-story building offers 740,000 cubic feet of freezer space with racking.
  • Available for sale or lease; owner will adapt refrigeration to tenant needs.

Property Details for 26609 Newbanks Rd

Property type
Refrigeration & cold storage, Industrial properties
Square Feet
34,000 SF
Class
B
Year Built
1998
Buildings
1
Stories
1
Lot Size (sq. ft)
129,809 SF
Units
1

Location Insight

City
Abingdon
County
Washington
State
Virginia
Latitude
36.743256158025
Longitude
-81.893087099975
26609 Newbanks Rd, Abingdon, Virginia

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26609 Newbanks Rd
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