Property ID: 3815518 -
County West Virginia
Property ID: 3815518
Type: Commercial Property
Address: 362 Mountain Avenue
City: White Sulphur Springs
State: West Virginia
Description: This 56,332 sq. ft. building has 6,000 sq. ft. in offices and the remainder in warehouse. The entire building was renovated in 2006 with new roof, HVAC and offices. Approximately $94,000 was spent in 2016 and 2017 for Caterpillar standby generator, HVAC system for server room, passcard secure interior doors, automated gate and security camera system. The annual net income is $170,000 per year. The tenants use of property is storage, scanning and microfilming medical records. Lease expires November 30, 2021.
Prime investment property with over a 10% rate of return per year on investment.
Total Acreage: 3.31 Acres
Road Frontage: 540 ft.
Gross Lot Sq. Ft.: 144,184
Onsite Parking: Yes (80 Spaces)
Gross Building Sq. Ft.: 56,332
Office Sq. Ft.: 6,000
Warehouse Sq. Ft.: 50,332
Leased Investment Property:
Income: $15,913.56 per month, $190,962 per year gross income
Real Estate Taxes $6,650
General Liability Insurance: $7,750
Flood Insurance: $1,335 Note: The building has never flooded, including in the 2016 flood, which was a 1,000 year flood.
Maintenance / Repairs: $5,227
Net Operating Income: $170,000
Leasable Sq. Ft.: 56,332
Number of Stories: 1
Legal Description: Greenbrier Co., WV DB 503, pg 292
Tax ID: 17120047
Zoning: B3 (Business Industrial)
Ceiling Height: 12 to 20 ft. (varied)
Roof System: Rubber membrane
Dry Fire Sprinkler System
Heating: Gas Heat
Cooling: Electric (Office and Server Room Areas)
Shown by appointment.
Contact Name: James Woltz
Phone Number: 540-342-3560
Toll Free: 800-551-3588
Address1: 23 Franklin Road
NOTE: The information contained herein is provided as general information only and has been obtained
from sources deemed reliable. It is provided without any guaranty, warranty or representation,
expressed or implied, made by
Lands of America
who specializes in land for sale, or any related entity, as to the accuracy
or completeness of the information. The information is presented subject to errors, omissions,
change of price or conditions, prior sale or withdrawal without notice. Prospective purchasers
should make their own investigations, projections and conclusions concerning the information.