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281 Industrial Dr 135,000 SF Industrial Building Gretna, VA 24557 $7,250,000 ($53.70/SF)

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Investment Highlights

  • Very clean - recently used for FDA regulated distribution
  • 3,000 amp and 1,600 amp, 480/277 volt 3 phase electrical service
  • 8 dock high doors and 2 drive in doors - two loading areas
  • 19' - 27' clear ceiling height
  • Entire facility was previously air-conditioned; approx 11,700 SF "cool room" currently utilized
  • Approximately 6,800 SF office, break room and rest room area

Executive Summary

Positioned within the established Gretna Industrial Park, 281 Industrial Drive presents a compelling acquisition opportunity for investors and owner-users seeking a high-functioning industrial asset with exceptional infrastructure and expansion potential. The modern single-story facility spans approximately 135,000 square feet across 12.26 acres, offering a combination of robust construction, flexible layout, and upgraded mechanical systems that make it suitable for advanced manufacturing, assembly, warehousing, and distribution operations. Built in 1993 with a major expansion in 1996, the property has been exceptionally maintained and showcases a durable insulated metal panel envelope, 24-gauge standing seam roof, and 6-inch reinforced concrete floors designed for heavy industrial use.
The building features attractive 19-foot clear eaves with 27-foot clear at the center, supported by efficient 25’ x 60’ column spacing. With a full complement of dock-high and drive-in doors, the truck court and loading configuration support high-volume throughput. Electrical capacity is substantial, supported by a 1,500 KVA transformer and dual switchgear systems at 3,000 and 1,600 amps. The facility also includes a fully wet sprinkler system with booster pump, extensive compressed air line infrastructure, and a specialized 11,700-square-foot conditioned cool room.
A thoughtfully planned 6,800-square-foot office area provides functional administrative space complete with conference room, reception, break room, and multiple private offices. Beyond the building itself, buyers will appreciate the paved parking for over 230 vehicles and the adjacent Town-owned land that allows for future expansion. With direct access to four-lane Highway 29 and a 30-minute drive to Lynchburg Regional Airport, this facility is strategically positioned for regional and multi-state logistics. This property represents a rare chance to acquire a versatile and investment-ready industrial asset with strong long-term utility.

Attachments

Info package

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $7,250,000
Price Per SF $53.70
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 12.26 AC
Rentable Building Area 135,000 SF
No. Stories 1
Year Built/Renovated 1993/1996
Tenancy Single
Parking Ratio 1.75/1,000 SF
Clear Ceiling Height 27’
No. Dock-High Doors/Loading 8
No. Drive In / Grade-Level Doors 2
Zoning M-2 - Manufacturing

Amenities

  • Bus Ducts
  • Air Conditioning

Utilities

  • Gas - Propane
  • Water - City
  • Sewer - City
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 45,000-135,000 SF
  • Industrial
  • Full Build-Out
  • Now

Clean, modern industrial facility available for sale or lease in the Gretna Industrial Park. With its combination of exceptional power capacity, durable construction, and outstanding access to regional transportation, 281 Industrial Drive stands out as a high-quality industrial lease opportunity ready to support complex operational demands.

Space Size Space Use Condition Available
1st Floor 45,000-135,000 SF Industrial Full Build-Out Now

1st Floor

Size
45,000-135,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 45,000-135,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Clean, modern industrial facility available for sale or lease in the Gretna Industrial Park. With its combination of exceptional power capacity, durable construction, and outstanding access to regional transportation, 281 Industrial Drive stands out as a high-quality industrial lease opportunity ready to support complex operational demands.

Property Taxes

Property Taxes

Parcel Number
2520-75-1538
Land Assessment
$111,300
Improvements Assessment
$3,453,200
Total Assessment
$3,564,500
  • Listing ID: 38097923

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 281 Industrial Dr, Gretna, VA 24557

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