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Mehler Facility - Patriot Centre Industrial 175 Mehler Ln

153,500 SF Industrial Building Martinsville, VA 24112 $13,344,460 CAD ($87 CAD/SF)

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Investment Highlights

Priced well below replacement cost at $62 PSF
24' clear heights with 40' x 50' column spacing

153,500 SF Building that is Expandable
Utilities include water, sewer, natural gas, generator, and high-speed fiber internet

Executive Summary

Poe & Cronk Real Estate Group is pleased to present for sale 175 Mehler Lane in Martinsville, VA. This 153,500 square foot manufacturing / distribution facility includes 29.6 acres with expansion capabilities, high ceiling storage and warehouse space, and plenty of on-site parking. Abundant public utilities combined with a strong workforce make this an excellent opportunity for manufacturing and/or distribution operations.
Property is excellently located at 175 Mehler Lane in the Patriot Centre Industrial Park in Martinsville, VA. This location includes an abundant and ready workforce, as well as providing for a 1-day ship time to 2/3 of the US Population along the east coast. The Patriot Centre Industrial park is outfitted to support modern manufacturing and distribution operations with public water, sewer, electricity, natural gas, and fiber internet.

175 Mehler - OM 8.30.24

Taxes & Operating Expenses (Actual - 2024) Click Here to Access	Annual (CAD)	Annual Per SF (CAD)
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$99,999	$9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$13,344,460 CAD	Rentable Building Area	153,500 SF
Price Per SF	$87 CAD	No. Stories	1
Sale Type	Owner User	Year Built/Renovated	1995/1999
Property Type	Industrial	Tenancy	Single
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse	Parking Ratio	0.66/1,000 SF
Building Class	A	Clear Ceiling Height	24 ft
Lot Size	31.22 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$13,344,460 CAD
Price Per SF	$87 CAD
Sale Type	Owner User
Property Type	Industrial
Property Subtype	Manufacturing Industrial Distribution Industrial Warehouse
Building Class	A
Lot Size	31.22 AC
Rentable Building Area	153,500 SF
No. Stories	1
Year Built/Renovated	1995/1999
Tenancy	Single
Parking Ratio	0.66/1,000 SF
Clear Ceiling Height	24 ft
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.