123 Bulifants Blvd - Medical FOR SALE


Williamsburg, VA 23188
$1,425,000 USD
912-509-1000
123 Bulifants Blvd, Williamsburg, VA for Sale
$1,425,000 USD
Medical - FOR SALE
1/23
null | 7.3% Cap Rate

123 Bulifants Blvd
Williamsburg, VA 23188


HIGHLIGHTS

  • Attractive interior featuring wood flooring, crown molding, and upgraded finishes throughout.
  • Functional floor plan provides ample natural light and efficient space utilization.
  • Located within Michael Commons, one of Williamsburg’s recognized professional office developments.
  • Excellent access to I-64, Route 199, and U.S. Route 60 for regional connectivity.
  • Ample on-site surface parking supporting staff and client convenience.
  • Surrounded by retail, dining, and lodging options within minutes of the property.

OVERVIEW

Investment Offering – Fully Leased Office Building in Michael Commons 123 Bulifants Blvd presents the opportunity to acquire a fully leased, income-producing office asset in the well-established Michael Commons office park in Williamsburg, Virginia. The property consists of approximately 5,000 square feet and is configured as a two-unit professional office building, currently 100% occupied by established tenants. The larger suite features a higher-end law office finish, while the second suite is configured for general office use, providing a strong mix of functionality and professional appeal. The property generates annual income of $103,942.56, with tenants responsible for NNN expenses, offering investors a stable and efficient cash-flowing asset. Its layout, quality finishes, and tenant mix make it well positioned as a durable suburban office investment in one of Williamsburg’s most established professional corridors. The property benefits from ample on-site parking, with 25 parking spaces available to serve the building. Located directly adjacent to Sentara Williamsburg Regional Medical Center and just off Route 199, the property also enjoys quick access to Interstate 64, nearby retail services, and surrounding professional users, providing strong regional connectivity in a highly desirable office and medical corridor. 123 Bulifants Blvd presents the opportunity to acquire a stabilized office investment with in-place income, efficient functionality, and lasting appeal in Williamsburg, a market that has historically been undervalued relative to its fundamentals.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$278 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,027 SF

ZONING

E-O

APN/PARCEL ID

C19C-0632-0513

ASK ABOUT THIS PROPERTY

Bobby VermillionSeabolt Real EstateMore Info
912-509-1000

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Bobby VermillionSeabolt Real EstateMore Info
912-509-1000

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