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Investment Highlights

  • Highway exposure, commercial space, and apartment
  • 4 acres
  • 2 septic systems

Executive Summary

This is a great investment property! Run your business and live right there. 4+ acres stretches from Lankford Highway to Coal Kiln Rd. Great exposure for your business. The cleared area is zoned business. This is in the Accomack county Enterprise Zone. The wooded area is zoned agricultural. Property comes with plenty of storage. Including the several sheds. One shed houses the water system. The rest are for storage. Large open space as you walk in the door. Was used as a restaurant, day care and office years ago. Could be used for several types of small businesses also. 40 year shingles about 6 years old, and the flat roof has been resurfaced. A 1500 sq ft apartment is attached, and a remodel was started. There are 2 septic systems. One for the business, and one for the apartment. Apartment includes a living room, kitchen , and 3 bedrooms, with a 2 car attached garage with storage above.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,352 SF
Building Class
C
Year Built
1971
Price
$290,000
Price Per SF
$45.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
4.02 AC
Zoning
GB - General Business and Agricultural
Parking
11 Spaces (1.73 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Signage
  • Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
119-00-A0-00-0035-00
Land Assessment
$185,400
Improvements Assessment
$98,500
Total Assessment
$283,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40244890

  • Date on Market: 4/22/2026

  • Last Updated:

  • Address: 34446 Lankford Hwy, Painter, VA 23420

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