303 Queen St - Retail FOR SALE


Tappahannock, VA 22560
$1,600,000 USD
757-585-2959
303 Queen St, Tappahannock, VA for Sale
$1,600,000 USD
Retail - FOR SALE
1/4
null | 6.49% Cap Rate

303 Queen St
Tappahannock, VA 22560


HIGHLIGHTS

  • 14,000± SF mixed-use building – retail, office, and industrial components
  • NN Burger – award-winning restaurant and anchor tenant
  • 100% occupied with long-term tenants and reliable cash flow
  • Excellent downtown location with strong visibility and local character
  • Drive-in basement leased to a machine shop

OVERVIEW

Coldwell Banker Commercial Brooks Real Estate is proud to exclusively offer this beautifully maintained 14,000± SF mixed-use building located in the heart of Downtown Tappahannock. This three-level property features a drive-in basement currently leased to a local machine shop, main-level retail space occupied by NN Burger, Fitz Cabinetry, Chesapeake Governor's School, and For His Glory Ministries as well as a third-floor office space—all producing steady income. NN Burger, a regional favorite and long-standing community staple, has been voted Virginia’s Best Burger multiple times and serves as a major draw for both locals and visitors. The property’s exterior showcases vibrant murals celebrating Tappahannock pride, enhancing its curb appeal and visibility. This is a clean, well-kept property offering strong existing cash flow with value-add potential through rent adjustments as leases renew. Located in the historic downtown corridor, 303 Queen Street offers high visibility, pedestrian activity, and a proven tenant mix that supports continued investment success.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

6.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Restaurant, Service

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

CG-2

APN/PARCEL ID

32B-14-L-1

ASK ABOUT THIS PROPERTY

David BurksColdwell Banker Commercial Brooks Real EstateMore Info
757-585-2959

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David BurksColdwell Banker Commercial Brooks Real EstateMore Info
757-585-2959

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