REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Listed by Jeanne Hockaday • NextHome Coast to Country Real Estate

$ 443,000

Est. payment | -/mo

0.57 Acres Lot

Save Virtual Tour

$ 443,000

Est. payment | -/mo

Save Virtual Tour

0.57 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2501135

Construction Status Very Good Condition

HOA Y/N No

Year Built 1996

Lot Size 0.570 Acres

Acres 0.57

Property Description

For Sale: High-Potential B-1 Zoned Commercial Building:This single-level, well-maintained brick building offers a robust investment opportunity with a strong Cap Rate and minimal upkeep required. Currently generating $3,000/month in rent, this 2,596 sq ft property presents an excellent return on investment. The versatile B-1 zoning supports a range of uses, including retail, office space, or mixed-use development, providing endless possibilities for future tenants or business ventures. Located just off Short Lane across from Lowes this property benefits from excellent visibility and accessibility, making it an attractive location for both tenants and businesses. The current tenant has the option to extend the lease for an additional 5 years, wishes to stay,will vacate, providing flexibility for investors and owner-operators alike. Looking to expand your investment portfolio or establish a new business location, this building offers unmatched potential in a prime area.

Location

State VA

County Gloucester

Interior

Cooling Central Air, Heat Pump

Fireplace No

Exterior

Water Access Desc Public

Roof Type Asphalt,Composition,Shingle

Accessibility Accessibility Features

Total Parking Spaces 25

Building

Lot Description Level

Story 1

Entry Level One

Sewer Sanitary

Water Public

Level or Stories One

Construction Status Very Good Condition

Others

Tax ID 032-167A

Ownership Owner-User

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://downloads.reddoorcreative.com/6267ProDrNB

Nearby Locations

GET MORE INFORMATION

Steven Ewell

Broker Associate | Lic# 225202387

steve@cbwilliamsburg.com

+1(757) 603-2807

4071 Ironbound Rd Williamsburg VA 23188

6267 Professional DR Gloucester, VA 23061