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303 Queen St 14,000 SF 100% Leased Retail Building Tappahannock, VA 22560 $1,450,000 ($103.57/SF) 8.13% Cap Rate



Investment Highlights
- Price Reduction!
- NN Burger – award-winning restaurant and anchor tenant
- Drive-in basement leased to a machine shop
- Four Brand New HVAC units. Over $50,000.00 value plus long term piece of mind
- 100% occupied with long-term tenants and reliable cash flow
- Excellent downtown location with strong visibility and local character
Executive Summary
Three-Level, Fully Leased: Drive-in basement for a long-standing machine shop, main-level retail tenants, and third-floor offices provide diversified income and reduced tenant concentration risk.
Anchor Tenant: NN Burger, a regional draw and repeat Virginia’s Best Burger winner, ensures consistent foot traffic and strong brand recognition.
Additional Tenants: Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries deliver stable tenancy backed by local and institutional demand.
Well-Maintained & Cash Flow Positive: No deferred maintenance, immediate income, with embedded value-add potential through future rent optimization.
Prime Downtown Exposure: High-visibility murals, historic downtown location, pedestrian traffic, and destination retail enhance curb appeal, tenant retention, and long-term demand.
303 Queen Street offers durable cash flow today and upside for NOI growth tomorrow.
Drone video link below.
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
303 Queen Street, Tappahannock, VA 22560 Position your business for success at 303 Queen Street, a highly adaptable ±3,580 SF commercial space located in the heart of Tappahannock’s primary commercial corridor. This property is engineered for modern hybrid business models, offering the perfect blend of high-visibility retail/showroom space and functional back-of-house storage or light industrial capacity. Property Highlights Size: ±3,580 SF of versatile floor area. Zoning: CG-2 (General Commercial) – Permits a wide array of uses including retail, professional services, wholesale, and light industrial. Layout: Flexible configuration capable of supporting a storefront, showroom, office buildout, and warehouse/storage components. Location: Strategic positioning with excellent visibility and exposure to high-volume local and regional traffic. Market Reach: Situated near national retailers and key thoroughfares serving the growing Northern Neck region. Ideal Use Cases The property’s broad zoning and adaptable layout make it a premier choice for: Retail & Showroom: Boutique shops, equipment sales, or specialty retail. Flex & Contractor Space: Trade professionals needing office space with equipment/material storage. Hybrid Concepts: Businesses requiring a customer-facing front with light assembly or distribution in the rear. Professional Services: Firms seeking high-visibility office or service-oriented space. Location Advantage Located along one of Tappahannock’s most active commercial arteries, 303 Queen Street offers the connectivity and regional access necessary for operational efficiency and customer growth.
| Space | Size | Space Use | Position | Available |
| D | 3,580 SF | Flex | - | 30 Days |
D
| Size |
| 3,580 SF |
| Space Use |
| Flex |
| Position |
| - |
| Available |
| 30 Days |
D
| Size | 3,580 SF |
| Space Use | Flex |
| Position | - |
| Available | 30 Days |
303 Queen Street, Tappahannock, VA 22560 Position your business for success at 303 Queen Street, a highly adaptable ±3,580 SF commercial space located in the heart of Tappahannock’s primary commercial corridor. This property is engineered for modern hybrid business models, offering the perfect blend of high-visibility retail/showroom space and functional back-of-house storage or light industrial capacity. Property Highlights Size: ±3,580 SF of versatile floor area. Zoning: CG-2 (General Commercial) – Permits a wide array of uses including retail, professional services, wholesale, and light industrial. Layout: Flexible configuration capable of supporting a storefront, showroom, office buildout, and warehouse/storage components. Location: Strategic positioning with excellent visibility and exposure to high-volume local and regional traffic. Market Reach: Situated near national retailers and key thoroughfares serving the growing Northern Neck region. Ideal Use Cases The property’s broad zoning and adaptable layout make it a premier choice for: Retail & Showroom: Boutique shops, equipment sales, or specialty retail. Flex & Contractor Space: Trade professionals needing office space with equipment/material storage. Hybrid Concepts: Businesses requiring a customer-facing front with light assembly or distribution in the rear. Professional Services: Firms seeking high-visibility office or service-oriented space. Location Advantage Located along one of Tappahannock’s most active commercial arteries, 303 Queen Street offers the connectivity and regional access necessary for operational efficiency and customer growth.
Property Taxes
| Parcel Number | 32B-14-L-1 | Improvements Assessment | $327,100 |
| Land Assessment | $180,400 | Total Assessment | $507,500 |
Property Taxes
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303 Queen St
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