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1001 Canal Dr, Chesapeake, VA 23323 1001-1003 Canal Dr

1,968 SF Retail Building Chesapeake, VA 23323 $475,000 ($241/SF) 5.05% Cap Rate

Retail Buildings Virginia Chesapeake 1001-1003 Canal Dr, Chesapeake, VA 23323

Investment Highlights

  • Corner Lot.

Executive Summary

Two buildings each about 800 SF. One building can used for residential and the other can be used for commercial. Less than a half mile from S Military Hwy.
Buy now and price drops $20,000.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,968 SF
Building Class
C
Year Built
1940
Price
$475,000
Price Per SF
$241
Cap Rate
5.05%
NOI
$23,968
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.39 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B2 - General Business
Parking
2 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
130 FT on Canal Dr
1 of 1

PROPERTY TAXES

Parcel Number 0254006000181 Improvements Assessment $64,300
Land Assessment $101,700 Total Assessment $166,000

PROPERTY TAXES

Parcel Number
0254006000181
Land Assessment
$101,700
Improvements Assessment
$64,300
Total Assessment
$166,000
(757) 735-1024

Contact

  • Lin Liao
    Lin Liao
  • Lin Liao

  • Listing ID: 11995650

  • Date on Market: 3/21/2018

  • Last Updated:

  • Address: 1001-1003 Canal Dr, Chesapeake, VA 23323

More public record information on 1001-1003 Canal Dr, Chesapeake, VA 23323

The Retail Property at 1001-1003 Canal Dr, Chesapeake, VA 23323 is currently available for sale. Contact Lin Liao for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1001 Canal Dr, Chesapeake, VA 23323 | 1001-1003 Canal Dr
(757) 735-1024 x

1001 Canal Dr, Chesapeake, VA 23323 | 1001-1003 Canal Dr

Lin Liao

(757) 735-1024

(757) 735-1024

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