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.
| MLS # | 10600649 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 27 |
| Listing Provided By | RE/MAX Connect | Carlyn Menser |
| SQ Feet | 5,230 |
|---|---|
| Units | 3 |
| Zoning | O1 |
| Acreage | 0.40 |
| Cooling | Central Air |
|---|---|
| Heating | Heat Pump |
| Construction | Frame |
|---|---|
| Exterior Siding | Brick |
| Garage Yn | 0 |
| Roof | Asphalt Shingle |
| Features | Door Sign, Priv Restrms, Rear Entrance |
|---|---|
| Location | Business Park |
| Parking | 1-25 Spcs, Lot |
|---|
| Utilities | City Sewer, City Water, Electric Avail |
|---|
| Lease Type | None |
|---|
| Property | 5575 |
|---|
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23601 |
| Area | 107 Newport News Midtown East |
| Community Name | ALL OTHERS AREA 107 |
| Listing VS Median (in ALL OTHERS AREA 107) | |
Price: $695,000 low | high Med: $285,000 sqft: 5,230 low | high Med: 1,439 $ / sqft: $133 low | high Med: $198 On site: 27 low | high Med: 27 | |
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23601 |
| Area | 107 Newport News Midtown East |
| Community Name | ALL OTHERS AREA 107 |
| Listing VS Median (in ALL OTHERS AREA 107) | |
Price: $695,000 low | high Med: $285,000 sqft: 5,230 low | high Med: 1,439 $ / sqft: $133 low | high Med: $198 On site: 27 low | high Med: 27 | |