223 17th St - Storefront Retail/Office FOR SALE


Virginia Beach, VA 23451- Northeast Virginia Beach
$2,000,000 USD
757-995-1301
223 17th St, Virginia Beach, VA for Sale
$2,000,000 USD
Storefront Retail/Office - FOR SALE
1/23
null | Request Cap Rate

223 17th St
Virginia Beach, VA 23451
Northeast Virginia Beach


OVERVIEW

This 2-story, open floor plan, commerical building is located steps from the Boardwalk and Oceanfront in a high traffic area within viewing distance of the new $335 million Atlantic Park project, steps from the 17th Street Park & stage, in the hub of the Virginia Beach Tourist area & Vibe District, and only minutes from the Convention Center & Interstate access. The 6,000 square foot building has 2 floors and was previously used as a bar & restaurant and was recently approved for a roof top deck by the City. The property is also grandfathered to expand upwards (buyer due diligence required)to a total of 13 stories. The current owner did extensive renovations including new roofing, new hvac, new flooring & fixtures and more. Current tenant is a baseball batting practice center. This location is idle for retail, office or restaurant/bar use. Floorplan allows 1st and 2nd floor to be operated independently or combined for maximum space.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Fast Food, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

RT2

APN/PARCEL ID

2427-17-6070

ASK ABOUT THIS PROPERTY

Melody Cespedes1st Class Real Estate FlagshipMore Info
757-995-1301

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Melody Cespedes1st Class Real Estate FlagshipMore Info
757-995-1301

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