Commercial Building for Sale in Abingdon VA

Commercial Building for Sale in Abingdon VA

Looking for a spot to start your next business venture? Check out this solid steel Red Iron building constructed in 2020, that sits on 0.77 acres. It is designed for long-lasting durability and low maintenance. With its many desirable features, the property is move-in ready or can be easily modified to suit your specific business needs.

The building offers approximately 1,600 +/- sq. ft. and is zoned B-2 in Washington County. Features include 3 HVAC split-system units, full insulation, LED lighting throughout, an apartment-size kitchen, full bathroom, washer and dryer hookups, and handicap accessibility. The building sits on a solid foundation, and the floors were professionally epoxy-coated three years ago.

Conveniently located just outside the town limits, the property still benefits from town water and sewer. Outside, there is an older garage building that could be restored for additional storage, along with space for 10+ parking spots.

This is an excellent opportunity for a governmental office, professional services, or general commercial retail business. Don’t miss your chance to secure a versatile commercial property with outstanding potential!

There is a 15’ Private Maintenance Agreement made between the Town of Abingdon and the subject property. See bidder packet for more information.

Online Auction Ends Wednesday, March 4th at 4 PM
19462 Lee Highway, Abingdon, VA 24210

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video

PREVIEW DATE: Saturday, February 21st at 11 AM

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Barbara Cordle at 276-701-3445 or email bjcordle@gmail.com

DIRECTIONS: From Exit Ramp 14 off I-81 Turn right onto Old Jonesboro Rd. toward Abingdon. Go for 0.4 mi. Turn left onto Lee Hwy (US-11/US-19) toward Bristol. Property will be located on the left, marked by sign.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property
information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 is required on the day of sale. Close on or before April 20th, 2026. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 4th, 2026. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.