Industrial Warehouse | Abingdon, VA 26609 Newbanks Road

Abingdon, VA 24210

For Sale

34,000 sqft

Sale Price

$2,100,000

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Industrial For Sale - Available Immediately

Industrial Warehouse | 34,000 SF | Abingdon, VA

Highlights

Situated less than 1-mile from Interstate 81 (which sees over 44,300 vehicles per day) the property benefits from being geographically central to the Eastern markets.

A new 87,000 sq ft Regional Workforce and Child Development Hub was announced in 2024 by The Innovate Fund (TIF) with a $5.5M investment to further support EO Companies, a Virginia-based 501c3 non-profit organization with a mission to research, pilot, and scale innovative solutions so that communities are thriving and people are well. EO has a 60-year history of developing innovative programs, including the Regional Workforce and Child Development Hub, the Rural Summit, and Ignite Career Commons. EO challenges the status quo and brings positive change to local economies by working with private, public, and philanthropic partner.

Get in touch

James Watkins

Lic: 02123733

Tony Anderson

Lic: 01936642

Richard Brehaut

Lic: 01934760

Nate Barnes

Lic: 01908103

Kent Presson

Lic: 02076597

Doug Tice, IV

Jason Hetherington, SIOR

Overview

The Subject Property was a former fully frozen warehouse. With the insulation
and flooring in place to sustain sub 0 temperature ranges, the building can easily
be converted to a refrigerated/frozen warehouse again. New Freon refrigeration
can be installed at the close of escrow, providing a below replacement cost cold
storage warehouse.

Location Description

Abington is Included in the Kingsport−Bristol (TN)- Bristol (VA) Metropolitan
Statistical Area Which is Home to 309,544 Residents.

Sizes and Measurements

Total Space Available