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120 W Washington St 6,000 SF 100% Leased Retail Building Suffolk, VA 23434 $299,000 ($49.83/SF)
INVESTMENT HIGHLIGHTS
- Heart of Downtown at the intersection of W. Washington and Main St.
- New Arts Creative District, Concert Venue, Festival Hall, and Library Square just minutes away.
- Existing Retail consists of 3,400 SF on 1st floor and 2,600 SF on 2nd floor.
- City offering improvement Grants for Business Owners.
EXECUTIVE SUMMARY
Great Investment Opportunity for mixed use or owner occupant and the potential for retail, apartments, office, restaurants, and more!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
B
Year Built
1900
Price
$299,000
Price Per SF
$49.83
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.62
Lot Size
0.09 AC
Zoning
CENTRAL BU - CBD (Central Business District) for mixed use.
Parking
3 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
39’ on West Washington Street
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 351315000 | Improvements Assessment | $53,100 |
| Land Assessment | $32,100 | Total Assessment | $85,200 |
PROPERTY TAXES
Parcel Number
351315000
Land Assessment
$32,100
Improvements Assessment
$53,100
Total Assessment
$85,200
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120 W Washington St
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