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Marketing Description
For Sale - Hydro-Electric Dam with operational turbines, water rights, and access, parking and easement from Hwy 60 in Buena Vista, VA.
Columbia Mills Hydro Dam Project can be accessed from Roanoke, VA, North on HWY 81 or from Charlottesville, VA, South on HWY 64/81 to E Midland Trail/HWY 60 East approximately 8 miles.
Investment Highlights
- Station Name: Moomaws Hydroelectric
- FERC Proj. No: P8005
- DAM No: VA83010
- Station Location: Buena Vista, VA
- Name of River: Maury River
- Watershed size: 660 square miles
- Plant maximum flow: 380 cfs through turbine
- Site Head: 18’ (can be extended with flashboards to 20’)
- Head Pond Surface: Nominally 4 acres
- Type of Dam: Limestone block structure with concrete cap
- Height: approx. 18’
- Length: 230’
- Site Capacity: 520 kW
- Transformer: Leroy Somers 750 kVA, 480-12.47
- Generator: 520 kW Generator
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Investment Highlights
- Grocery Anchored Retail Center with Food Lion & CVS
- Two Strong Credit Tenants
- Two Retailers Thriving During the COVID-19 Outbreak
- Scheduled Rent Increases for CVS
- Long Term Seasoned Tenants (Since 1995)
- Food Lion Completed "Fresh & Easy" Store Remodel mid-2019 (Interior & New Exterior Signage)
- Class "A" Brick Construction
- Located on Main Retail Corridor
- Strong Traffic Counts
- Average Household Income: $66,079 (1 Mile)
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Contact Information
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Contacts
Listing removed on
BY:
John F. Riser PRO
LIC: RB14036150
•••.•••.0700
••iser@••••••••••••••••.com
Listing removed on
BY:
Ed Laycox PRO
LIC: VA 0225094421
•••.•••.6868
••.••ycox@••••••••.com
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