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362 Mountain Ave
White Sulphur Springs, WV 24986
Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 56,133 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1939/2006 |
| Lot Size | 3.21 AC | No. Dock-High Doors/Loading | 1 |
| Zoning | LI - Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.21 AC |
| Rentable Building Area | 56,133 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1939/2006 |
| No. Dock-High Doors/Loading | 1 |
| Zoning | LI - Light Industrial |
ABOUT 362 MOUNTAIN AVE , WHITE SULPHUR SPRINGS, WV 24986
This 56,332± sq. ft. building has 6,000± sq. ft. in offices and the remainder in warehouse. The entire building was renovated in 2006 with new roof, HVAC and offices. Approximately $94,000 was spent in 2016 and 2017 for Caterpillar standby generator, HVAC system for server room, passcard secure interior doors, automated gate and security camera system. The annual net income is ± $170,000 per year. The tenants use of property is storage, scanning and microfilming medical records. Lease expires November 30, 2021. Prime investment property with over a 10% rate of return per year on investment. Total Acreage: 3.31± Acres Road Frontage: 540 ft. Gross Lot Sq. Ft.: 144,184 Onsite Parking: Yes (80± Spaces) Gross Building Sq. Ft.: 56,332 Office Sq. Ft.: 6,000 Warehouse Sq. Ft.: 50,332 Leased Investment Property: Income: $15,913.56 per month, $190,962 per year gross income Annual Expenses: Real Estate Taxes $6,650 General Liability Insurance: $7,750 Flood Insurance: $1,335 Note: The building has never flooded, including in the 2016 flood, which was a 1,000 year flood. Maintenance / Repairs: $5,227 Net Operating Income: $170,000 Leasable Sq. Ft.: 56,332 362 Mountain Avenue White Sulfer Springs, WV 24986
PROPERTY TAXES
| Parcel Number | 17 1200470000 | Improvements Assessment | $257,940 |
| Land Assessment | $48,180 | Total Assessment | $306,120 |
PROPERTY TAXES
