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688 J Clyde Morris Blvd 3,226 SF 100% Leased Retail Building Newport News, VA 23601 $895,000 ($277.43/SF)



EXECUTIVE SUMMARY
Spacious Office Building
This 3,226 square foot building is located in Newport News with 66 feet of frontage on J Clyde Morris Boulevard. The building includes a pylon sigh that is visible to the over 38,000 vehicles per day that pass through. The owner is ready to retire and for the right price is willing to sell the beauty bar business and equipment. Potential buyer can profit from continuing the beauty bar business or lease the building to up to 3 tenants. Don’t miss out on this gem of a revenue stream. Ask about the vacant 0.49 acre lot next door.
Sale Price: $895,000
Please ask agent about the price of the business and equipment
This 3,226 square foot building is located in Newport News with 66 feet of frontage on J Clyde Morris Boulevard. The building includes a pylon sigh that is visible to the over 38,000 vehicles per day that pass through. The owner is ready to retire and for the right price is willing to sell the beauty bar business and equipment. Potential buyer can profit from continuing the beauty bar business or lease the building to up to 3 tenants. Don’t miss out on this gem of a revenue stream. Ask about the vacant 0.49 acre lot next door.
Sale Price: $895,000
Please ask agent about the price of the business and equipment
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,226 SF
Building Class
C
Year Built
1984
Price
$895,000
Price Per SF
$277.43
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
0.67 AC
Zoning
C1 - Commercial
Parking
22 Spaces (6.82 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 214.00-02-65 | Improvements Assessment | $228,400 |
| Land Assessment | $146,300 | Total Assessment | $374,700 |
PROPERTY TAXES
Parcel Number
214.00-02-65
Land Assessment
$146,300
Improvements Assessment
$228,400
Total Assessment
$374,700
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688 J Clyde Morris Blvd
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