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Multi-Use Property in Norton, VA 130 Progress Way NE 4,000 SF Industrial Building Norton, VA 24273 $649,000 ($162.25/SF)



INVESTMENT HIGHLIGHTS
- 1.0 acre with infrastructure for additional buildings
- Mountain views
- Located in city's Opportunity and Enterprise zones
- Located in growing commmerical/industrial park--perfect for manufacturing/industrial use, distribution, warehouse/storage, professional service
- One hour from Tri-Cities TN and regional airport
- Two front drive-in doors are 14'x14'; two rear drive-in doors are 12'x12'
EXECUTIVE SUMMARY
Take advantage of this incredible opportunity to own a well-maintained commercial building available in Norton, Virginia. Built in 2005, this spacious building sits on one acre of land with infrustructure for future expansion. This property is currently being used as an auto repair/service facility with a customer waiting area, 2 offices, and 2 half bathrooms—customer and employee. The 50 X 80 metal building is located within a growing commercial/industrial park and would be perfect for manufacturing/industrial use, a distribution center, a warehouse/storage facility, or a service-oriented business. The property has two large garage bays with automatic doors on both ends of the buillding. The garage space has new LED lighting, four industrial lifts, industrial air compressor, industrial Steam Jennie, and is fully insulated. New guttering was installed in 2024. This property is perfect for businesses looking to grow and expand in a strategic location with ample space for addtional development. Excellent location for an extended customer base with beautiful mountain views. Located within an hour of Trid-Cities, TN—Kingsport, Bristol, and Johnson City. One hour from Tri-Cities Regional Airport. Located in the city's Enterprise and Opportunity zones. Don't miss out on this rare opportunity. Buyers and Buyers' agents to verify information contained in this listing. Subject to Errors and Ommissions. See link for demographic information for Norton, Virginia. https://www.city-data.com/city/Norton-Virginia.html
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Front Loading
- Reception
- Storage Space
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 232N-4066 | Improvements Assessment | $68,800 |
| Land Assessment | $50,000 | Total Assessment | $118,800 |
PROPERTY TAXES
Parcel Number
232N-4066
Land Assessment
$50,000
Improvements Assessment
$68,800
Total Assessment
$118,800
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Multi-Use Property in Norton, VA | 130 Progress Way NE
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