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Property Detail

Commerce Drive
Newly built 60,000-square-foot asset with a 34-foot clear height, one drive-in bay .
$4,500,000

Description

  • Newly built 60,000-square-foot asset with a 34-foot clear height, one drive-in bay, 8-inch warehouse floors, and four loading docks with levelers.
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  • Distribution-friendly location along the Ohio River at the borders of Ohio, West Virginia, and Kentucky, with Interstate 64 minutes away.
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  • Take advantage of cost-saving benefits due to no income tax, no inventory tax, no personal property, and no corporate franchise tax.
  • Part of a new industrial park featuring truck scales, rail scales, an intermodal transport area, and on-site public port access via the River Dock.
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  • Expand logistical reach, 20 minutes from Huntington Tri-State Airport, 1 hour from Charleston, 2 from Lexington & Columbus, and 2.5 from Cincinnati.
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  • Available for sale or lease. Enquire now.

Executive Summary

Secure an extraordinarily connected location along the Ohio River at a tri-state border with this exclusive sale opportunity presented by the Lawrence Economic Development Corporation.

340 Commerce Drive is a 60,000-square-foot industrial warehouse built in 2023 and is operation-ready with room to expand its footprint. It features an expansive 34-foot clear height, one drive-in bay, an eight-inch warehouse floor, and four loading docks with levelers. 340 Commerce Drive is part of a newer industrial park that houses over 20 businesses, including FedEx and UPS, with direct access to US 52, a four-lane highway. The park offers several advantages, including truck scales, rail scales, a Foreign Trade Zone, an intermodal transport area, and on-site public port access via the River Dock.

Access to 340 Commerce Drive is streamlined via nearby Highway 52, leading to Interstate 64 within 10 minutes. It can tap into the labor pools and serve the nearby communities of Huntington, Marathon, Catlettsburg, Ironton, and Calgon, all within a 15-minute drive. There are over 140,000 residents within a 10-mile radius, and 27% of the employees in that area work in good-producing industries or trade transportation. Widening out, Huntington/Ashland/Ironton MSA has 364,000 residents.
 

340 Commerce Drive

Listing ID : 00699

SKU: 699

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Price History

DateEventPrice
December 6 2024Listed$4,500,000.00