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 ...
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. The current owner has done extensive research, collected quotes and consulted with engineers on using the dam once again for hydroelectricity. The USDA-Rural Development has the Rural Energy For America Program which offers grants and guaranteed loans for the purchase and installation of renewable energy systems. While the renewable energy is an amazing feature of this property, the picturesque setting offered by the mature trees, plush grass, creek and the historic truss bridge makes this property perfect for a restaurant, event venue, private residence and more. New septic system was installed and if needed the current owner has spoken with the town and received estimates for connecting to the town sewer. The driveway was expanded and a new retaining wall allowing for additional parking. Zoned M-1, which according to Article XII of the Town of Wytheville Zoning Ordinance literally allows for nearly any type of business or residence. Detailed information can be provided upon request.