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406 Bypass Rd - Commercial Land 1.92 Acres of Commercial Land Offered at $585,000 in Williamsburg, VA 23185
INVESTMENT HIGHLIGHTS
- Over 1,500 hotel/motel rooms along ByPass Road corridor
- 28,000 local and/or tourist cars per day travel on ByPass Road
- Over 1,000 timeshare units within a 1 mile radius
EXECUTIVE SUMMARY
Excellent opportunity for retail, i.e.: restaurant, retail, shopping center, business, professional services, automotive services and more! located in close proximity to Colonial Williamsburg, the College of William and Mary, High Street and New Town. 5 million tourists a year visit Colonial Williamsburg, Jamestown, Yorktown, Busch Gardens and Water Country USA. Bypass Road is one of the primary local and tourist commercial corridors in the Williamsburg Market. It has three residential building on the lot, two are currently leased. Cash Offers only. Located 1.5 miles from Colonial Williamsburg and the College of William and Mary with quick access to Interstate 64. Located on the south side of Bypass Road between 7-11 and Country Inn & Suites in York County, Virginia.
PROPERTY FACTS
| Price | $585,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.92 AC |
| Property Type | Land | ||
| Zoning | GB - General Business - General Business | ||
| Price | $585,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.92 AC |
| Zoning | GB - General Business - General Business |
1 LOT AVAILABLE
Lot
| Price | $585,000 | Lot Size | 1.92 AC |
| Price Per AC | $304,687.50 |
| Price | $585,000 |
| Price Per AC | $304,687.50 |
| Lot Size | 1.92 AC |
Property is well located on By-Pass Road for tourist, commuter, and local corridor. General Business (GB) Zoning : Broad range of retail commercial uses, shopping centers, fast food establishments, business and professional services, and automotive.
DESCRIPTION
This property has a lease of $14,400 per year and with work on the 3rd structure on the property would be needed.....so there is income now, and opportunity to repurpose the property and improve the property with an income stream prior to development.
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406 Bypass Rd - Commercial Land
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