13801 Warwick Blvd - Bank FOR SALE


Newport News, VA 23602- Denbigh
$875,000 USD
757-952-6660
13801 Warwick Blvd, Newport News, VA for Sale
$875,000 USD
Bank - FOR SALE
1/12
null | Request Cap Rate

13801 Warwick Blvd
Newport News, VA 23602
Denbigh


HIGHLIGHTS

  • Located at a signalized intersection with strong traffic counts of 39,093 vehicles per day.
  • Two drive-through lanes and a secure vault remain in place for banking or similar operations.
  • 178 feet of frontage on Warwick Boulevard and 155 feet on Tabbs Lane for maximum visibility.
  • Zoned C1, allowing for a range of commercial and office uses.
  • 21 dedicated parking spaces with a 7.0/1000 ratio for convenient access.
  • Immediately adjacent to $38M; 34,500 square foot state-of-the-art new Virgil I. Grissom Library Mixed-Use Redevelopment Plan funded by Newport News

OVERVIEW

This single-story former bank branch offers a unique opportunity for owner-users or investors seeking a well-located property in Newport News, Virginia. Positioned at the signalized intersection of Warwick Boulevard and Tabbs Lane, the site benefits from excellent visibility and accessibility, with an average daily traffic count of 39,093 vehicles. The property sits on 0.69 acres and features 178 feet of frontage along Warwick Boulevard and 155 feet along Tabbs Lane, providing strong exposure for any business use. The building includes two drive-through lanes, a secure vault, and a functional layout suitable for financial institutions, professional offices, or adaptive reuse. Zoned C1, the property supports a variety of commercial uses. With 21 on-site parking spaces and a ratio of 7.0/1000, it accommodates customer and employee needs efficiently. The assessed value is $1,075,600, and the offering price of $850,000 presents a compelling value proposition. Located in the Sherwood neighborhood, the property is immediately adjacent to the $38,600,000 | 34,500 square-foot state-of-the-art Virgil I. Grissom Library Replacement Mixed-Use Development Project funded by the City of Newport News.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

CROSS STREETS

Tabbs Lane

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C1

APN/PARCEL ID

119.00-07-01

ASK ABOUT THIS PROPERTY

Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

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Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

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