121-125 Southgate Ave - Flex FOR SALE


Virginia Beach, VA 23462- Northwest Virginia Beach
$1,150,000 USD
757-434-4393
121-125 Southgate Ave, Virginia Beach, VA for Sale
$1,150,000 USD
Flex - FOR SALE
1/2
null | Request Cap Rate

Sep '25


121-125 Southgate Ave
Virginia Beach, VA 23462
Northwest Virginia Beach


HIGHLIGHTS

  • Great small industrial site with building and parking in a great location close to I-264 Existing tenants are on a month to month leases

OVERVIEW

One story block building built in the 60's, divided into three suites with three different tenants currently occupying the three bays. All on month to month leases. (Suite numbers 121-125) Intersection of Cleveland Street and Southgate Avenue in Virginia Beach, close to I-264. Owner notes the size of the building is actually 5,969 sf +/-. Entire site is 28,125 sf and can hold a lot of vehicles!! If you are looking for a small industrial site with building and lot, this is your place! Great location! The lot parking is a major plus!

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,297

ZONING

I1

APN/PARCEL ID

1467-94-2325

ASK ABOUT THIS PROPERTY

Robert CarterCarter, Godbout & AssociatesMore Info
757-434-4393

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Robert CarterCarter, Godbout & AssociatesMore Info
757-434-4393

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