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13901 Jefferson Ave

3,517 SF 100% Leased Retail Building Newport News, VA 23603 $989,000 ($281/SF)

Retail Space Virginia Newport News 13901 Jefferson Ave, Newport News, VA 23603

Investment Highlights

  • Welcome to the prime opportunity presented by this corner property in the thriving Newport News area.

Executive Summary

Welcome to the prime opportunity presented by this corner property
in the thriving Newport News area. Discover the potential of a 3,517
SF building, strategically positioned at a signalized corner, creating an
ideal setting for heightened visibility and accessibility. With a single
unit designed to accommodate versatile retail or vehicle-related
operations, this property offers ample space for customized
ventures. Built in 1976, the solid foundational structure and C1 zoning
add further value, providing the flexibility essential for commercial
use. Embrace the potential of this prime location and envision the
possibilities for your retail or vehicle-related investment in this
dynamic community.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,517 SF
Building Class
C
Year Built
1976
Price
$989,000
Price Per SF
$281
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.91 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
C1 - Commercial
Parking
17 Spaces (8.5 Spaces per 1,000 SF Leased)
Frontage
198 FT on Jefferson

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 008.00-01-13 Improvements Assessment $180,300
Land Assessment $376,500 Total Assessment $556,800

PROPERTY TAXES

Parcel Number
008.00-01-13
Land Assessment
$376,500
Improvements Assessment
$180,300
Total Assessment
$556,800
(757) 945-8110

Contact

  • Listing ID: 32955709

  • Date on Market: 8/26/2024

  • Last Updated:

  • Address: 13901 Jefferson Ave, Newport News, VA 23603

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13901 Jefferson Ave
(757) 945-8110 x

13901 Jefferson Ave

Aeri Jai

(757) 945-8110

(757) 945-8110

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