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729 Thimble Shoals Blvd - Building 6/7 1,496 SF Office Condo Unit Offered at $230,671 in Newport News, VA 23606
Investment Highlights
- Currently occupied – leased through 3/31/2030 by financial firm
- Located in opportunity zone
- HVAC: 5 ton oversized unit (new compressor 2015)
Executive Summary
Discover an exceptional opportunity to own a well-maintained commercial property located in a designated Opportunity Zone, offering potential tax advantages for investors. This 1,496-square-foot building sits on a 0.16-acre lot and is zoned C-4, making it ideal for a wide range of commercial uses. Built in 1988, the property features a 5-ton oversized HVAC unit with a new compressor installed in 2015, ensuring efficient climate control for years to come. The parcel is identified by ID #196000510 and offers strong potential for owner-users, investors, or developers seeking a presence in a high-growth area.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
financial firm
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit E | 1,496 SF | Office | $230,671 ($154.19/SF) | - |
Unit E
| Unit Size |
| 1,496 SF |
| Condo Use |
| Office |
| Price |
| $230,671 ($154.19/SF) |
| NOI |
| - |
Unit E
| Unit Size | 1,496 SF |
| Condo Use | Office |
| Price | $230,671 ($154.19/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| 1,496 SF on 0.16 acres</li></ul> | |
| Sale Notes | |
| Currently occupied – leased through 3/31/2030 by<br> financial firm</li></ul> |
Property Facts
| Total Building Size | 12,161 SF | Typical Floor Size | 12,161 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Building Class | B | Lot Size | 0.28 AC |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | C4 - C4 + Opportunity Zone | ||
| Total Building Size | 12,161 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 12,161 SF |
| Year Built | 1988 |
| Lot Size | 0.28 AC |
| Opportunity Zone |
Yes |
| Zoning | C4 - C4 + Opportunity Zone |
Amenities
- 24 Hour Access
- Courtyard
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
Presented by
729 Thimble Shoals Blvd - Building 6/7
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