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Redevelopment Opportunity 1989 Richmond Rd 2,927 SF Retail Building Williamsburg, VA 23185 $975,000 ($333.11/SF)
Investment Highlights
- Prime QSR Offering
- Affluent Surrounding Demographics
- Strong Visibility and Daily Traffic Exposure
Executive Summary
NNN Pro is pleased to present the exclusive listing for the redevelopment opportunity located at 1989 Richmond Rd, Williamsburg, VA 23185. The QSR consists of roughly 2,927 rentable square feet of building space on an estimated 0.75-acre parcel of land. This vacant QSR building includes a drive-thru and is available for sale at $975,000.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,927 SF
Building Class
C
Year Built/Renovated
1978/2017
Price
$975,000
Price Per SF
$333.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.75 AC
Zoning
GB - General businness
Parking
35 Spaces (11.96 Spaces per 1,000 SF Leased)
Frontage
116’ on Richmond Rd
Amenities
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | C16D-3888-1709 | Improvements Assessment | $722,000 |
| Land Assessment | $731,300 | Total Assessment | $1,453,300 |
Property Taxes
Parcel Number
C16D-3888-1709
Land Assessment
$731,300
Improvements Assessment
$722,000
Total Assessment
$1,453,300
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Redevelopment Opportunity | 1989 Richmond Rd
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