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7319 Martin St - THE HERITAGE HOUSE OFFICE PARK 1,265 SF Office Condo Unit Offered at $228,000 in Gloucester, VA 23061
Investment Highlights
- Gloucester Courthouse District
- Convenient to Shops,. Services, and Professional District
Executive Summary
The Heritage House office building is centrally located in Gloucester Courthouse District. Convenient to all services, i.e.: Restaurants, Shops, Professional District, Riverside Medical Center. Perfect to provide services to the peninsula and middle peninsula.
Data Room Click Here to Access
- Miscellaneous
Property Facts
| Total Building Size | 5,000 SF | Typical Floor Size | 1,265 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Building Class | B | Lot Size | 0.27 AC |
| Floors | 2 | Parking Ratio | 4.8/1,000 SF |
| Zoning | B-2 - General Business/Offices | ||
| Total Building Size | 5,000 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 1,265 SF |
| Year Built | 2005 |
| Lot Size | 0.27 AC |
| Parking Ratio | 4.8/1,000 SF |
| Zoning | B-2 - General Business/Offices |
Amenities
- Signage
- Skylights
- Air Conditioning
- Smoke Detector
1 Unit Available
Unit 5
| Unit Size | 1,265 SF | Sale Type | Investment |
| Price | $228,000 | Cap Rate | 6.22% |
| Price Per SF | $180.24 | NOI | $14,188 |
| Condo Use | Office | APN/Parcel ID | 41848 |
| Unit Size | 1,265 SF |
| Price | $228,000 |
| Price Per SF | $180.24 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| NOI | $14,188 |
| APN/Parcel ID | 41848 |
Description
EXCELLENT INVESTMENT OPPORTUNITY! Fully rented 1,265 SF condo Unit with minimal Landlord responsibilities. New 3 year lease in place with credit tenant (Sentara Hospital) through 8/1/29.
Unit #5 located in the desirable Heritage House Office Building. Walking distance to Gloucester Courthouse. Building and Unit are in excellent Condition. Exterior building renovated in 2025. Unit #5 HVAC replaced in 2021 and interior repainted in 2023.
Sale Notes
Unit 5 - 1,265 SF Currently leased to credit tenant, (Sentara Hospital).
+2 More
Open Lobby/Reception Area
Interior Office
Office/Conference Room
Office/Conference Room
Interior Office
Interior Office
Suite 5/Upstairs
Presented by
7319 Martin St - THE HERITAGE HOUSE OFFICE PARK
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