$399,000

965 Reed Creek Mill Rd

2233 2248, 24382

Description

Once Wytheville's 1st Power Plant, this property has endless potential & offers one of the most beautiful sceneries in SWVA. The Reed Creek Mill is on both the state & national historical registry. Located along the Reed Creek just minutes from Main St. & connected to Wytheville's newest park the opportunity this property offers is unmatched. The current owner purchased the property in 2012 and started the restoration. The 7,000+/- sq ft Mill is four levels plus a basement and is ready to be turned into it's next venture. In addition to the mill there is a 3,500 sq ft warehouse with loading dock & 3 garage doors. There is a 1 bed/1 bath house that was rebuilt in 2013. Turbines could be installed to once again take advantage of the 12' X 360' dam that could produce upwards of 500,000 kWh annually which is an average of 50 homes per year. Being on the historical registry makes it eligible for a variety of grants, tax credits & loan programs. Call today for more information!

Details

MLS#74651
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site43

Features

SQ Feet11,768
Story(s)1
ZoningM-1
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Area Information
State2248
County3345
City2233
Zip Code24382
Area3266
Listing VS Median (in 24382)
Price:
$399,000
low | high
Med:
$159,900
100% of Average
SqFt:
11,768
low | high
Med:
1,508
100% of Average
$ / SqFt:
$34
low | high
Med:
$106
100% of Average
On Site:
43
low | high
Med:
319
13.479623824451% of Average
Listing Updated: 08/13/2020
Michael Thomas LogoMLS Number: 74651
Listing Provided By:
Michael Thomas  of  BHHS- Mountain Sky Properties Wytheville