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4356 Bonney Rd
Virginia Beach, VA 23452
Building 3 · Office Property For Sale
Executive Summary
Commonwealth Commercial Partners, LLC is pleased to present 4356 Bonney Road, Building 3, a 4,214± square foot office condominium located in central Virginia Beach, just minutes from Town Center. The property benefits from strong accessibility, proximity to major business corridors, and limited availability of comparable small-office ownership opportunities within the submarket.
The asset offers a flexible occupancy profile that supports multiple acquisition strategies, including partial or full owner occupancy, while maintaining in-place income. This structure provides near-term cash flow with the ability to reposition or expand occupancy over time, creating an attractive opportunity for both owner-users and investors seeking lease-up potential.
The combination of location, adaptable layout, and occupancy flexibility positions 4356 Bonney Road, Building 3 as a compelling acquisition opportunity for buyers seeking a functional, well-located office asset in the heart of Virginia Beach.
The asset offers a flexible occupancy profile that supports multiple acquisition strategies, including partial or full owner occupancy, while maintaining in-place income. This structure provides near-term cash flow with the ability to reposition or expand occupancy over time, creating an attractive opportunity for both owner-users and investors seeking lease-up potential.
The combination of location, adaptable layout, and occupancy flexibility positions 4356 Bonney Road, Building 3 as a compelling acquisition opportunity for buyers seeking a functional, well-located office asset in the heart of Virginia Beach.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,214 SF
Building Class
C
Year Built
1985
Price
$750,000
Price Per SF
$177.98
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,214 SF
Building FAR
0.04
Lot Size
2.32 AC
Opportunity Zone
Yes
Zoning
29 - Dwelling, attached/townhouses.
Parking
13 Spaces (3.08 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $242,500 | |
| Land Assessment | $285,800 | Total Assessment | $528,300 |
Property Taxes
Parcel Numbers
Land Assessment
$285,800
Improvements Assessment
$242,500
Total Assessment
$528,300
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