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105 S First Colonial Rd 3,000 SF Flex Condo Unit Offered at $320,000 in Virginia Beach, VA 23454
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Investment Opportunity – Fully Leased Commercial Property
Located in a highly visible and established business corridor, this investment property offers immediate cash flow with a long-term tenant already in place paying $2600 month + all utilities (Lease clause- 90 days canceltion notice).. Situated on South First Colonial Road, one of Virginia Beach's primary commercial thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to major residential and commercial developments.
Key Features:
Stable income-producing asset
Established tenant in place
High-visibility location
Ample parking
Strong surrounding demographics
Convenient access to major roads and highways
Ideal for investors seeking passive income and long-term appreciation
This is an excellent opportunity to acquire a well-positioned commercial asset in one of Virginia Beach's most desirable business corridors. Financial information available upon request.
Located in a highly visible and established business corridor, this investment property offers immediate cash flow with a long-term tenant already in place paying $2600 month + all utilities (Lease clause- 90 days canceltion notice).. Situated on South First Colonial Road, one of Virginia Beach's primary commercial thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to major residential and commercial developments.
Key Features:
Stable income-producing asset
Established tenant in place
High-visibility location
Ample parking
Strong surrounding demographics
Convenient access to major roads and highways
Ideal for investors seeking passive income and long-term appreciation
This is an excellent opportunity to acquire a well-positioned commercial asset in one of Virginia Beach's most desirable business corridors. Financial information available upon request.
Sale Notes
Property is sold AS IS - Where it is! Buyers Agent will get paid 3%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 116 | 3,000 SF | Flex | $320,000 ($106.67/SF) | - |
Unit 116
| Unit Size |
| 3,000 SF |
| Condo Use |
| Flex |
| Price |
| $320,000 ($106.67/SF) |
| NOI |
| - |
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Unit 116
| Unit Size | 3,000 SF |
| Condo Use | Flex |
| Price | $320,000 ($106.67/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Investment Opportunity – Fully Leased Commercial Property<br> <br> Located in a highly visible and established business corridor, this investment property offers immediate cash flow with a long-term tenant already in place paying $2600 month + all utilities (Lease clause- 90 days canceltion notice).. Situated on South First Colonial Road, one of Virginia Beach's primary commercial thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to major residential and commercial developments.<br> <br> Key Features:<br> <br> Stable income-producing asset<br> Established tenant in place<br> High-visibility location<br> Ample parking<br> Strong surrounding demographics<br> Convenient access to major roads and highways<br> Ideal for investors seeking passive income and long-term appreciation<br> <br> This is an excellent opportunity to acquire a well-positioned commercial asset in one of Virginia Beach's most desirable business corridors. Financial information available upon request.</li></ul> | |
| Sale Notes | |
| Property is sold AS IS - Where it is! Buyers Agent will get paid 3%.</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
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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Presented by
Akela llc
105 S First Colonial Rd
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