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Executive Summary

Excellent opportunity to purchase this well-located commercial property. The space offers convenient access to major roads, making it ideal for a variety of business uses. The property features ample parking, flexible interior layout, and strong exposure in a growing commercial corridor. Suitable for office, retail, or service-based businesses. Currently two tenants on a month to month.

Property Facts

Price $899,999
Price Per SF $151.80
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Showroom
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 0.51 AC
Rentable Building Area 5,929 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 2.02/1,000 SF
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning B2 - General or Community Business District, designed for a wide range of retail goods, personal services, and professional offices.

Amenities

  • Fenced Lot
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
2407-74-8346
Land Assessment
$94,900
Improvements Assessment
$232,000
Total Assessment
$326,900
  • Listing ID: 40394963

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 1702 Southern Blvd, Virginia Beach, VA 23454

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