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5741 Cleveland St - Cleveland Park Business Center 1,250 SF Office Condo Unit Offered at $275,000 in Virginia Beach, VA 23462
Investment Highlights
- Functional office suite with multiple private offices, reception, and kitchenette.
- Immediate access to I-264 and Newtown Road for regional connectivity.
- Constructed in 2006 with modern infrastructure and plug-and-play capability.
- Located in a medical corridor near Sentara Leigh Hospital and major amenities.
- Building features elevator security, signage opportunities, and 93 surface parking spaces.
Executive Summary
The property is a three-story office building totaling 24,000 SF on 1.79 acres, built in 2006. It is located at 5741 Cleveland Street in Virginia Beach, VA, within proximity to Sentara Leigh Hospital and major commercial amenities. The site offers surface parking and direct access to I-264 and Newtown Road. Cleveland Park Business Center presents an opportunity to acquire a well-appointed office condominium in the heart of Virginia Beach’s medical corridor. Suite 240 offers a functional layout with three large offices or conference rooms, a reception area, kitchenette, private restroom, and storage. The property includes existing FF&E, high ceilings, and plug-and-play capability, making it move-in ready for professional or medical users. The building, constructed in 2006, spans 24,000 SF across three stories and provides 93 surface parking spaces. Positioned on 1.79 acres, it offers elevator security and signage opportunities. Located near Sentara Leigh Hospital and major amenities, the site benefits from immediate access to I-264 and proximity to Newtown Road, ensuring excellent connectivity to the broader Hampton Roads region.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 93 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 93 |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 240 | 1,250 SF | Office | $275,000 ($220.00/SF) | - |
Unit 240
| Unit Size |
| 1,250 SF |
| Condo Use |
| Office |
| Price |
| $275,000 ($220.00/SF) |
| NOI |
| - |
Unit 240
| Unit Size | 1,250 SF |
| Condo Use | Office |
| Price | $275,000 ($220.00/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 93 |
| Description | |
| The building, constructed in 2006, spans 24,000 SF across three stories and provides 93 surface parking spaces. Positioned on 1.79 acres, it offers elevator security and signage opportunities. Located near Sentara Leigh Hospital and major amenities, the site benefits from immediate access to I-264 and proximity to Newtown Road, ensuring excellent connectivity to the broader Hampton Roads region.</li></ul> | |
| Sale Notes | |
| Cleveland Park Business Center presents an opportunity to acquire a well-appointed office condominium in the heart of Virginia Beach’s medical corridor. Suite 240 offers a functional layout with three large offices or conference rooms, a reception area, kitchenette, private restroom, and storage. The property includes existing FF&E, high ceilings, and plug-and-play capability, making it move-in ready for professional or medical users.</li></ul> |
Property Facts
| Total Building Size | 24,000 SF | Typical Floor Size | 4,816 SF |
| Property Type | Office (Condo) | Year Built | 2006 |
| Building Class | B | Lot Size | 1.79 AC |
| Floors | 3 | Parking Ratio | 2.58/1,000 SF |
| Zoning | O-2 | ||
| Total Building Size | 24,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 4,816 SF |
| Year Built | 2006 |
| Lot Size | 1.79 AC |
| Parking Ratio | 2.58/1,000 SF |
| Zoning | O-2 |
Amenities
- Bus Line
- Signage
- Kitchen
- Central Heating
- High Ceilings
- Direct Elevator Exposure
- Plug & Play
- Air Conditioning
- Balcony
Presented by
5741 Cleveland St - Cleveland Park Business Center
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