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760 McGuire Pl 5,230 SF 100% Leased Office Building Newport News, VA 23601 $815,000 ($155.83/SF)
Investment Highlights
- Centrally located in the heart of Newport News
- Unique opportunity for both investors and owner-occupants
Executive Summary
Centrally located in the heart of Newport News, this versatile office building offers a unique opportunity for both investors and owner-occupants. The property features two professional office suites – with the owner currently occupying one unit and one professional office unit leased, along with a third income producing unit being leased, making it an income-producing asset from day one.
Enjoy excellent visibility and accessibility in a prime location close to major business corridors, shopping, dining, and transportation routes. The property provides flexible space for a wide variety of professional uses while offering steady rental income to offset expenses.
This is an ideal opportunity for a business seeking to occupy while generating additional revenue, or for an investor looking to add a solid performing asset to their portfolio.
Enjoy excellent visibility and accessibility in a prime location close to major business corridors, shopping, dining, and transportation routes. The property provides flexible space for a wide variety of professional uses while offering steady rental income to offset expenses.
This is an ideal opportunity for a business seeking to occupy while generating additional revenue, or for an investor looking to add a solid performing asset to their portfolio.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,230 SF
Building Class
B
Year Built
1985
Price
$815,000
Price Per SF
$155.83
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,615 SF
Slab To Slab
10’
Building FAR
0.30
Lot Size
0.40 AC
Zoning
O1
Parking
10 Spaces (1.91 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
- Air Conditioning
- Smoke Detector
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Property Taxes
| Parcel Number | 206.00-01-13 | Improvements Assessment | $375,900 |
| Land Assessment | $96,500 | Total Assessment | $472,400 |
Property Taxes
Parcel Number
206.00-01-13
Land Assessment
$96,500
Improvements Assessment
$375,900
Total Assessment
$472,400
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760 McGuire Pl
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