303 Queen St 14,000 SF 100% Leased Retail Building Tappahannock, VA 22560 $1,600,000 ($114.29/SF) 6.49% Cap Rate

Coldwell Banker Commercial Brooks Real Estate is exclusively offering a stabilized, income-producing 14,000± SF multi-tenant mixed-use asset in the core of Downtown Tappahannock—a proven location with limited comparable inventory.
This three-level, fully leased building generates diversified income from a drive-in basement leased to a long-standing local machine shop, main-level retail tenants, and third-floor office users, providing multiple revenue streams and reduced tenant concentration risk.
The retail lineup is anchored by NN Burger, a dominant regional draw and repeat Virginia’s Best Burger award winner, driving consistent foot traffic and brand recognition. Additional tenants—including Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries—deliver stable tenancy backed by strong local and institutional demand.
The property is well maintained with no deferred maintenance and offers immediate cash flow with embedded value-add upside through future rent optimization as leases roll to market. High-visibility murals and a prime downtown position enhance curb appeal, tenant retention, and long-term demand.
Located in the historic downtown corridor of Tappahannock, 303 Queen Street benefits from pedestrian traffic, destination retail, and sustained community investment, positioning this asset for durable cash flow today and NOI growth tomorrow.
Drone video link below.