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Industrial Sale 172 Riverbend St 66,663 SF Industrial Building Waynesville, NC 28786 $5,250,000 ($78.75/SF)

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INVESTMENT HIGHLIGHTS

  • Built in 2005, layout ±27,000 SF clean room; fully conditioned throughout ±31,200 SF warehouse space w 35' ceilings /±12,322 SF w 19 offices
  • Flexible zoning for pharma, medical device, food & beverage, or tech uses / Available for lease at $8 per square foot, NNN
  • Wet sprinkler system (no in-rack sprinklers) /3 dock-high loading doors with levelers / 3-phase, 480V power – supports advanced manufacturing

EXECUTIVE SUMMARY

Rare turnkey opportunity for clean manufacturing or packaging operations in Western North Carolina.
172 Riverbend Street is a ±66,663 square foot advanced manufacturing and distribution facility on 6 acres in Waynesville, NC—just 30 minutes west of Asheville via I-40 Exit 20.
Built in 2005, the property is ideally located with easy access to US-276 and US-23/74. The site is zoned and configured to support a wide range of uses, including pharmaceutical production, medical device manufacturing, clean tech, and food and beverage processing.
The facility includes ±27,000 square feet of clean room space, fully conditioned for high-performance operations. The balance of the ±31,200 square foot distribution warehouse is also fully conditioned and served by a wet sprinkler system (no in-rack sprinklers), with ceiling heights ranging from 30 to 35 feet. Three dock-high loading doors with levelers and ±150 parking spaces support efficient logistics and employee access.
Additionally, there is ±12,322 SF of functional and well-maintained office space with 19 private offices on two floors (elevator access), locker rooms, bathrooms, cafeteria, and lobby. Utilities include 3-phase, 480V power, municipal water and sewer, and flood-proofed construction.
With a versatile layout, clean room capacity, and high-end building systems, 172 Riverbend Street is well-suited for users seeking a turnkey facility in Western North Carolina.
**Disclosure: This property is part of the Benfield Industries Superfund Site and remains under EPA oversight as part of the federal Superfund program. According to the EPA's most recent report (Sept. 2023), the site is considered safe for its current commercial/industrial use. Monitoring systems are installed and remediation efforts are ongoing, with long-term maintenance and land-use controls in place. Detailed documentation, including the latest EPA report, land-use restrictions, and monitoring obligations, is available upon request.

PROPERTY FACTS

Price $5,250,000
Price Per SF $78.75
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Flex Research & Development
  • Industrial Distribution
Building Class B
Lot Size 6.01 AC
Rentable Building Area 66,663 SF
No. Stories 2
Year Built 2005
Parking Ratio 2.25/1,000 SF
Clear Ceiling Height 35’
No. Dock-High Doors/Loading 4
Zoning B - Hazelwood Business District

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 60,663 SF
  • Industrial
  • Full Build-Out
  • Now

Built in 2005, the property is ideally located with easy access to US-276 and US-23/74. The site is zoned and configured to support a wide range of uses, including pharmaceutical production, medical device manufacturing, clean tech, and food and beverage processing. Spaces must be leased together for a total of 66,663 sf.

  • 2nd Floor
  • 6,000 SF
  • Industrial
  • Full Build-Out
  • Now

Built in 2005, the property is ideally located with easy access to US-276 and US-23/74. The site is zoned and configured to support a wide range of uses, including pharmaceutical production, medical device manufacturing, clean tech, and food and beverage processing. Spaces must be leased together for a total of 66,663 sf.

Space Size Space Use Condition Available
1st Floor 60,663 SF Industrial Full Build-Out Now
2nd Floor 6,000 SF Industrial Full Build-Out Now

1st Floor

Size
60,663 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

2nd Floor

Size
6,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 60,663 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Built in 2005, the property is ideally located with easy access to US-276 and US-23/74. The site is zoned and configured to support a wide range of uses, including pharmaceutical production, medical device manufacturing, clean tech, and food and beverage processing. Spaces must be leased together for a total of 66,663 sf.

2nd Floor

Size 6,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Built in 2005, the property is ideally located with easy access to US-276 and US-23/74. The site is zoned and configured to support a wide range of uses, including pharmaceutical production, medical device manufacturing, clean tech, and food and beverage processing. Spaces must be leased together for a total of 66,663 sf.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8605-82-2326
Land Assessment
$492,200
Improvements Assessment
$3,182,900
Total Assessment
$3,675,100
  • Listing ID: 36693680

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 172 Riverbend St, Waynesville, NC 28786

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