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414 Market St 5,352 SF Vacant Office Building Suffolk, VA 23434 $825,000 ($154.15/SF)
Investment Highlights
- Located in Downtown Suffolk, adjacent to the City’s Municipal Center
- Ideal owner occupant opportunity with short term leases in place
- Mixed-use property with two medical office suites and a second floor studio apartment
Executive Summary
Ideal owner occupant opportunity with short term leases in place. Total building - 5,352 square feet 0.75 acres.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,352 SF
Building Class
C
Year Built
1975
Price
$825,000
Price Per SF
$154.15
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,352 SF
Building FAR
0.16
Lot Size
0.75 AC
Zoning
B1 - Business District, the property allows for a variety of commercial uses, including retail, office.
Parking
4 Spaces (0.75 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Mixed-use property with two medical office suites and a second floor studio apartment
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,352 SF | Office/Medical | Full Build-Out | Now |
1st Floor
| Size |
| 5,352 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,352 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
Mixed-use property with two medical office suites and a second floor studio apartment
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Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Numbers | Improvements Assessment | $478,600 | |
| Land Assessment | $102,600 | Total Assessment | $581,200 |
Property Taxes
Parcel Numbers
Land Assessment
$102,600
Improvements Assessment
$478,600
Total Assessment
$581,200
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414 Market St
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