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$815,000
Est. payment /mo
5,230 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 5,230 sqft
Price per Sqft $155
Subdivision All Others Area 107
MLS Listing ID 10600649
HOA Y/N No
Year Built 1985
Annual Tax Amount $5,575
Lot Size 0.400 Acres
Property Sub-Type Purchase
Property Description
Centrally located in the heart of Newport News, this versatile office building offers a unique opportunity for both investors and owner-occupants. The property features two professional office suites – with the owner currently occupying one unit and one professional office unit leased, along with a third income producing unit being leased, making it an income-producing asset from day one.Enjoy excellent visibility and accessibility in a prime location close to major business corridors, shopping, dining, and transportation routes. The property provides flexible space for a wide variety of professional uses while offering steady rental income to offset expenses.This is an ideal opportunity for a business seeking to occupy while generating additional revenue, or for an investor looking to add a solid performing asset to their portfolio.
Location
State VA
County Newport News
Area 107 - Newport News Midtown East
Zoning O1
Interior
Heating Heat Pump
Cooling Central Air
Flooring Carpet, Laminate/LVP
Exterior
Parking Features 1-25 Spcs, Lot
Utilities Available City Sewer, City Water, Electric Avail
Roof Type Asphalt Shingle
Building
Foundation Crawl
Others
Senior Community No
Ownership Simple
Disclosures None
Special Listing Condition None
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Davina Hughes
Team Lead