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25385 Midland Trl 16,750 SF 85% Leased Flex Building Hico, WV 25854 $1,200,000 ($71.64/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Versatile commercial property located on bustling Rt 60 Midland Trail in Hico, WV,
  • Clear Span Building
  • 3,734 average daily traffic count
  • (2) 400 AMP Service
  • 3 Phase POWER

EXECUTIVE SUMMARY

Versatile commercial property located on bustling Rt 60 Midland Trail in Hico, WV, just 9 miles from the iconic New River Gorge Bridge. This approx 16,000-square-foot clear-span building offers exceptional flexibility for a variety of uses, from retail or manufacturing to entertainment or storage. Spacious Interior, open, adaptable space with no interior columns. Infrastructure Upgrades: Newly upgraded septic system & d upgraded three-phase power, ideal for demanding operations. Ample Parking: Approx 100 parking spaces provide convenience for customers, employees, or visitors. Prime Location: Situated on a high-visibility stretch of Route 60, a major artery through Southern WV. 53 miles From CHARLESTON, WV. 47 miles to LEWISBURG, WV. 30 miles to BECKLEY, WV.
Only showing to serious parties with PREAPPROVAL of FINANCING. 30x30 ft walk in cooler in building, separate garage to left of main building included in sale. 0.5 acre lot to the right of main building not included- is negotiable. Additional information available upon request.

PROPERTY FACTS

Price $1,200,000
Price Per SF $71.64
Sale Type Investment or Owner User
Cap Rate 5%
Sale Condition Sale Leaseback
Property Type Flex
Property Subtype
Light Manufacturing
  • Flex Showroom
  • Industrial Manufacturing
Building Class C
Lot Size 2.46 AC
Rentable Building Area 16,750 SF
No. Stories 1
Year Built 1996
Parking Ratio 5.97/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 2
Zoning Commercial - commercial

AMENITIES

  • Courtyard
  • Fenced Lot
  • Security System
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-27-00270001
Land Assessment
$23,980
Improvements Assessment
$258,480
Total Assessment
$282,460
  • Listing ID: 34700762

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 25385 Midland Trl, Hico, WV 25854

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