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Town Center Law Building 200 S Kellam Rd 2,300 SF 100% Leased Office Building Virginia Beach, VA 23462 For Sale



Investment Highlights
- Located near the I-264 and Independence Boulevard interchange.
- Multiple office suites support flexible occupancy strategies.
- Adjacent to Best Buy and minutes from Virginia Beach Town Center.
- Positioned within Virginia Beach's Central Business District.
- B-2 zoning allows a variety of commercial uses.
- Suitable for owner-user occupancy, investment, or a hybrid approach.
Executive Summary
200 S Kellam Road presents an opportunity to acquire a standalone office property in Virginia Beach's Central Business District. Positioned near the interchange of I-264 and Independence Boulevard, the property benefits from convenient regional access and proximity to major commercial destinations, including Virginia Beach Town Center and neighboring national retailers. Its location supports both owner-occupant and investment-oriented strategies by providing visibility and connectivity within one of the city's established business corridors.
The property consists of a 2,220-square-foot office building situated on a 0.21-acre parcel. The existing configuration includes multiple office suites, creating flexibility for a variety of ownership structures. An owner-user can occupy a portion or the entirety of the building, while investors may capitalize on the potential for multi-tenant occupancy and diversified income streams. The property's flexible B-2 zoning further enhances adaptability by supporting a range of business and commercial uses.
With accessibility to major transportation routes, nearby retail amenities, and a location within Virginia Beach's primary business district, the asset offers practical functionality for office users and investors alike. The combination of multiple suites, commercial zoning, and proximity to established demand generators creates a versatile opportunity for immediate occupancy, income generation, or future repositioning.
The property consists of a 2,220-square-foot office building situated on a 0.21-acre parcel. The existing configuration includes multiple office suites, creating flexibility for a variety of ownership structures. An owner-user can occupy a portion or the entirety of the building, while investors may capitalize on the potential for multi-tenant occupancy and diversified income streams. The property's flexible B-2 zoning further enhances adaptability by supporting a range of business and commercial uses.
With accessibility to major transportation routes, nearby retail amenities, and a location within Virginia Beach's primary business district, the asset offers practical functionality for office users and investors alike. The combination of multiple suites, commercial zoning, and proximity to established demand generators creates a versatile opportunity for immediate occupancy, income generation, or future repositioning.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,300 SF
Building Class
C
Year Built
1960
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,300 SF
Building FAR
0.14
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
B2 - Business
Parking
13 Spaces (5.65 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Central Heating
- High Ceilings
- Open-Plan
- Partitioned Offices
- Shower Facilities
- Air Conditioning
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1477-32-7834 | Improvements Assessment | $282,600 |
| Land Assessment | $125,000 | Total Assessment | $407,600 |
Property Taxes
Parcel Number
1477-32-7834
Land Assessment
$125,000
Improvements Assessment
$282,600
Total Assessment
$407,600
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Contact the Sale Advisor
Town Center Law Building | 200 S Kellam Rd
