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5388 Discovery Park Blvd - Patriot Park
1,000 - 1,276 SF Office/Medical Condo Units Offered at $235,000 - $295,000 Per Unit in Williamsburg, VA 23188
INVESTMENT HIGHLIGHTS
- Located in Williamsburg's Premiere New Town Development.
- Excellent Medical and Professional Co-tenancy.
EXECUTIVE SUMMARY
The Property is attractively located in the center of New Town, and is in close proximity to High Street, Midtown, the College of William & Mary, and Colonial Williamsburg. This well-appointed office is approximately 1,276 square feet and is move-in ready. The space has 3 large offices, a corporate conference room, reception, kitchenette, ADA bathroom, ample storage, and a balcony. This is an ideal location for a business that wants a central location in New Town! Property is available as an income producing property or ideal for an owner/user.
PROPERTY FACTS
2 UNITS AVAILABLE
Unit 230
| Unit Size | 1,276 SF | Sale Type | Investment |
| Price | $295,000 | Cap Rate | 6.20% |
| Price Per SF | $231.19 | NOI | $18,290 |
| Condo Use | Office/Medical | Sale Conditions | Lease Option |
| Unit Size | 1,276 SF |
| Price | $295,000 |
| Price Per SF | $231.19 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| NOI | $18,290 |
| Sale Conditions | Lease Option |
DESCRIPTION
The Property is attractively located in the center of New Town, and is in close proximity to High Street, Midtown, the College of William & Mary, and Colonial Williamsburg. This well-appointed office is approximately 1,276 square feet and is move-in ready. The space has 3 large offices, a corporate conference room, reception, kitchenette, ADA bathroom, ample storage, and a balcony. This is an ideal location for a business that wants a central location in New Town! Property is available as an income producing property or ideal for an owner/user.
SALE NOTES
Offering is for an incoming producing property. Projected cap rate is 6.2%. Full financial information available with a signed confidentiality agreement.
Unit 220
| Unit Size | 1,000 SF | Condo Use | Office/Medical |
| Price | $235,000 | Sale Type | Investment |
| Price Per SF | $235.00 |
| Unit Size | 1,000 SF |
| Price | $235,000 |
| Price Per SF | $235.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Signage
- Kitchen
- Accent Lighting
- Reception
- Storage Space
- Bicycle Storage
- DDA Compliant
- Direct Elevator Exposure
- Reception
- Secure Storage
- Air Conditioning
- Balcony
ZONING
| Zoning Code | MU (Mixed-Use District) |
| MU (Mixed-Use District) |
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5388 Discovery Park Blvd - Patriot Park
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