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475 McLaws Cir 1,755 SF Office/Medical Condo Unit Offered at $199,000 in Williamsburg, VA 23185

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INVESTMENT HIGHLIGHTS

  • Located in Busch Corporate Center near Kingsmill Resort
  • Previously occupied by Peninsula Dermatology
  • Surrounded by affluent demographics and healthcare anchors
  • Recently renovated ADA-compliant restroom
  • One mile from I-64 with strong regional access
  • Reduced asking price with low ownership costs

EXECUTIVE SUMMARY

Positioned in the heart of Williamsburg’s Busch Corporate Center, Suite 2 at 475 McLaws Circle offers a rare opportunity to acquire a professionally managed office or medical condominium in a highly desirable location. This 1,755-square-foot suite features a functional layout with a generous window line, a recently renovated ADA-compliant restroom, and a flexible floor plan ideal for medical, dental, or general office use. Previously occupied by Peninsula Dermatology, the space is well-suited for healthcare professionals or service-based businesses seeking a turnkey environment. The property is located just one mile from I-64 (Exit 242), providing seamless access to the broader Hampton Roads region. It is also adjacent to Kingsmill Resort and in close proximity to Riverside Doctor’s Hospital and the Quarterpath mixed-use development, enhancing its appeal to both patients and professionals. With a reduced asking price of $249,000 and estimated annual expenses under $12,000, this suite presents a compelling ownership opportunity in a market where quality medical and office space is in demand. The surrounding area boasts strong demographics, including an average household income of $154,067 within a one-mile radius and a median age of 40.7, supporting a stable and affluent client base 1. This offering is ideal for owner-users looking to establish a presence in a professional, amenity-rich environment with long-term value.

PROPERTY FACTS

Total Building Size 4,692 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 4,692 SF
Year Built 1999
Lot Size 0.14 AC
Parking Ratio 5.54/1,000 SF
Zoning M1

AMENITIES

  • 24 Hour Access
  • Signage

1 UNIT AVAILABLE

Unit 2

Unit Size 1,755 SF
Price $199,000
Price Per SF $113.39
Condo Use Office/Medical
Sale Type Investment or Owner User
DESCRIPTION

Located within established Busch Corporate Center adjacent to Kingsmill Resort.  Functional floor plan design with generous window line.

SALE NOTES

Formerly occupied by Peninsula Dermatology

  • Listing ID: 29412997

  • Date on Market: 6/12/2024

  • Last Updated:

  • Address: 475 McLaws Cir, Williamsburg, VA 23185

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