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1361 Virginia Beach Blvd

2,000 SF Retail Building Virginia Beach, VA 23454 $701,552 CAD ($351 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Great Redevelopment/Owner Occupant Opportunity.
  • Minutes from the Oceanfront.
  • Quick Access to Interstate 264.
  • Center of Atlantic Park Neighborhood.

EXECUTIVE SUMMARY

Introducing a prime investment opportunity in Virginia Beach! This property is perfectly positioned for redevelopment. With its prime location along an arterial roadway to the Virginia Beach Oceanfront, this property offers an ideal canvas for a variety of retail ventures. The versatile zoning opens up numerous possibilities for the discerning investor looking to make their mark in the Virginia Beach Oceanfront area.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,000 SF
Building Class
C
Year Built
1940
Price
$701,552 CAD
Price Per SF
$351 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.22
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
B2
Parking
8 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
65 ft on Virginia Beach

AMENITIES

  • Bus Line
  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Fireplace
  • Pylon Sign
  • Signage
  • Storage Space
  • Air Conditioning

NEARBY MAJOR RETAILERS

Storage Sense
Food Lion
Starbucks
Atlantic Union Bank
The Melting Pot
Another Broken Egg
The YMCA
My Gym
Cycle Bar
The Fresh Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2417-25-4844
Land Assessment
$173,315 CAD
Improvements Assessment
$154,594 CAD
Total Assessment
$327,909 CAD
  • Listing ID: 32780933

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 1361 Virginia Beach Blvd, Virginia Beach, VA 23454

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