101 E City Point Rd - Bank FOR SALE


Hopewell, VA 23860
$520,000 USD
804-409-0061
101 E City Point Rd, Hopewell, VA for Sale
$520,000 USD
Bank - FOR SALE
1/4
null | Request Cap Rate

NEW


101 E City Point Rd
Hopewell, VA 23860


OVERVIEW

The City of Hopewell is excited to present this retail with drive through investment opportunity located in historic Downtown Hopewell for sale/lease. The property is .8 acres on the corner of Main Street and City Point Road with two former bank branch buildings constructed in the late 1970s. The properties are positioned on the City of Hopewell General District Courthouse triangle block in the heart of downtown. Located in both the Enterprise and Opportunity Zone these properties provide a unique opportunity for redevelopment at the lowest net cost. Properties are being marketed together but can be sold or leased separately if desired.

FOR SALE DETAILS

PRICE

$520,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Fast Food, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

B1

APN/PARCEL ID

080-0060

ASK ABOUT THIS PROPERTY

Charles BennettCity of Hopewell Economic DevelopmentMore Info
804-409-0061

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Charles BennettCity of Hopewell Economic DevelopmentMore Info
804-409-0061

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.