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101 S First Colonial Rd 1,650 SF Industrial Condo Unit Offered at $395,000 in Virginia Beach, VA 23454



Investment Highlights
- Automotive repair shop with two roll-up doors + two vehicle lifts
- Approx. 400 SF mezzanine on the 2nd floor that could be used for office or storage
- Signage opportunities available
- Prominent endcap space situated at the entrance to Trade Center
- Just minutes from NAS Oceana, I-264 at First Colonial Road, the VB Oceanfront + more!
- Zoned I-1 + APZ-1
Executive Summary
Trade Center is located in the Hilltop area of Virginia Beach and zoned for light industrial businesses. It is ideal for any light industrial business looking for space near I-264 or NAS Oceana.
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1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 2407-74-7140-3280 |
| No. Parking Spaces | 6 |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
| APN/Parcel ID | 2407-74-7140-3280 |
Description
Located in Trade Center in the Hilltop area of Virginia Beach, this property is ideal for any light industrial use looking for space near I-264 and NAS Oceana.
Sale Notes
Ideal for any automotive repair shop and includes two vehicle lifts plus other automotive repair equipment, if desired. This space has both a 12' roll-up door as well as a 8' roll-up door and an approx. 400 SF mezzanine on the second floor. It is situated on the endcap at the entrance into Trade Center and has signage opportunities.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 107 | 1,650 SF | Industrial | $395,000 ($239.39/SF) | - |
Unit 107
| Unit Size |
| 1,650 SF |
| Condo Use |
| Industrial |
| Price |
| $395,000 ($239.39/SF) |
| NOI |
| - |
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Unit 107
| Unit Size | 1,650 SF |
| Condo Use | Industrial |
| Price | $395,000 ($239.39/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
| APN/Parcel ID | 2407-74-7140-3280 |
| Description | |
| Located in Trade Center in the Hilltop area of Virginia Beach, this property is ideal for any light industrial use looking for space near I-264 and NAS Oceana.</li></ul> | |
| Sale Notes | |
| Ideal for any automotive repair shop and includes two vehicle lifts plus other automotive repair equipment, if desired. This space has both a 12' roll-up door as well as a 8' roll-up door and an approx. 400 SF mezzanine on the second floor. It is situated on the endcap at the entrance into Trade Center and has signage opportunities.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- 24 Hour Access
- Mezzanine
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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101 S First Colonial Rd
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