Bldg B | 12842 Jefferson Ave
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Bldg B 12842 Jefferson Ave
2,861 SF Retail Building Newport News, VA 23608 $1,050,945 CAD ($367 CAD/SF)
Investment Highlights
- Redevelopment opportunity to add drive-thru
- Lots of parking
Executive Summary
Property Overview:
Philly Shack presents an exceptional owner-user retail opportunity to acquire both the business and the real estate. Located at the bustling intersection of Jefferson Ave and Buchanan Drive, this well-established eatery enjoys high visibility and a steady flow of traffic, ensuring a constant stream of potential customers.
Business Highlights:
Type: Fast Casual Restaurant
Specialty: Authentic Philadelphia-style cheesesteaks, sandwiches, and other fast-casual fare.
Customer Base: Established local customer base with strong community support and repeat business.
Reputation: Known for high-quality ingredients, excellent service, and a welcoming atmosphere.
Philly Shack presents an exceptional owner-user retail opportunity to acquire both the business and the real estate. Located at the bustling intersection of Jefferson Ave and Buchanan Drive, this well-established eatery enjoys high visibility and a steady flow of traffic, ensuring a constant stream of potential customers.
Business Highlights:
Type: Fast Casual Restaurant
Specialty: Authentic Philadelphia-style cheesesteaks, sandwiches, and other fast-casual fare.
Customer Base: Established local customer base with strong community support and repeat business.
Reputation: Known for high-quality ingredients, excellent service, and a welcoming atmosphere.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,861 SF
Building Class
C
Year Built/Renovated
1940/2022
Price
$1,050,945 CAD
Price Per SF
$367 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
0.48 AC
Zoning
Commercial - Investment Highlights:
Turnkey Operation: Fully equipped kitchen and dining area, ready for immediate operation.
Redevelopment Opportunity: The prope
Parking
8 Spaces (3.06 Spaces per 1,000 SF Leased)
Frontage
121 ft on Jefferson Ave
Amenities
- Bus Line
- Signage
About 12842 Jefferson Ave , Newport News, VA 23608
Located at the bustling intersection of Jefferson Ave and Buchanan Drive, this well-established eatery enjoys high visibility and a steady flow of traffic, ensuring a constant stream of potential customers.
PROPERTY TAXES
| Parcel Number | 080.00-05-12 | Improvements Assessment | $228,638 CAD |
| Land Assessment | $362,885 CAD | Total Assessment | $591,523 CAD |
PROPERTY TAXES
Parcel Number
080.00-05-12
Land Assessment
$362,885 CAD
Improvements Assessment
$228,638 CAD
Total Assessment
$591,523 CAD
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Ricky Kumar -
Vijay Gogia
- Sky Blu Holding LLC
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Bldg B | 12842 Jefferson Ave
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