1161 N George Washington Hwy N - Bank FOR SALE


Chesapeake, VA 23323- Deep Creek North
$550,000 USD
757-627-8611
1161 N George Washington Hwy N, Chesapeake, VA for Sale
$550,000 USD
Bank - FOR SALE
1/11
null | Request Cap Rate

1161 N George Washington Hwy N
Chesapeake, VA 23323
Deep Creek North


HIGHLIGHTS

  • High visibility on George Washington Highway
  • Convenient access to both I-64 and I-464
  • Ample parking with 18 surface parking spaces
  • Located in an Opportunity Zone, which allows investors to receive tax benefits

OVERVIEW

Freestanding former bank building with drive-thru situated in a strategic location providing high traffic exposure and easy access to I-64 and I-464. This property offers two access points on George Washington Highway and Canal Drive, and is in close proximity to neighborhoods, shopping centers, and key local amenities. The building is versatile and ideal for redevelopment. Chesapeake is a growing city with a diverse economy, offering new business growth opportunities.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$234 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

B-1

APN/PARCEL ID

0251001000140

ASK ABOUT THIS PROPERTY

Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

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Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

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