#ELM-KEN • 301 Elm Street; Kenbridge, VA

Part of 2026 January Real Estate Consignment Sale (timed auction by Double A Auction & Realty)

High bid $190,000.00

Status: Sold

This industrial property at 301 Elm Street in the Town of Kenbridge offers a blend of existing cash flow and clear redevelopment upside across two adjoining parcels totaling 9.24± acres (5.73± acres + 3.51± acres). The site is level and served by public utilities and electricity, with multiple industrial buildings including warehouse improvements plus a smaller office building supporting a wide range of storage, distribution, contractor, and light industrial uses. Current configuration: Two month-to-month tenants One additional structure that could be utilized or rented Three structures slated for removal—once removed, they will leave large concrete pad sites well-suited for redevelopment or reconfiguration Two vacant pads already available for future use From a zoning standpoint (per the Town of Kenbridge ordinance excerpt provided), permitted industrial uses include warehouses, wholesale houses/distributors, truck terminals, public utility storage yards, contractor shop/storage yards, and building materials storage/sales, among others—supporting both ongoing operations and future repositioning. (Ordinance excerpt also notes uses are generally conducted within enclosed buildings except for parking/loading, and identifies typical yard/setback standards.) Positioning takeaway: a flexible industrial campus with in-place tenancy today and multiple pad-ready redevelopment opportunities tomorrow—ideal for an owner-user, investor, or developer seeking a value-add industrial property in an affordable Kenbridge.