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Former Credit Union/Teamsters Bldg 105 N Main St 1,224 SF Office Building Hopewell, VA 23860 $397,837 CAD ($325.03 CAD/SF)



INVESTMENT HIGHLIGHTS
- 110 Ft Road Frontage on Main Street
- Beside City Hall/Sheriff Office, down the street from Municipal Bldg
- 3 Lane Drive through canopy
- Brick Stand alone Building
- 2 Offices, 2 Bathrooms, Employee Breakroom
EXECUTIVE SUMMARY
Great opportunity for a business owner or an investor! Brick building in an ideal location in Downtown Hopewell! Road frontage directly on Main St, located beside the Courthouse, down the street from the Municipal Building and down the block from the historic Beacon Theatre. Formerly a credit union, most recently used as a business office/meeting space. Courtyard adds some exterior charm to the property. 3 drive through lanes w/canopy, 8 Reserved parking spaces with additional parking available in adjoining pubic lot. Exposed brick interior walls, 2 Offices, customer counter, lobby area, open conference area with table, additional open flex area, 2 bathrooms, employee break room/kitchen with refrigerator, table, dishwasher and microwave, coat closet. Sign, Furniture, mini-splits, refrigerator, microwave all convey as is. Perfect for a small business, real estate office, attorney office, retail space, coffee shop, bakery, non-profit, etc. Zoning B-1 List can be found in supplemental documents. Priced competitively under assessment of $448,900. Great opportunity with much potential! Hopewell Enterprise Zone & Virginia State Opportunity Zone info in supplemental docs. Please allow ample time to review offers as the seller is an entity, not individual. Minimum 1% deposit.
DATA ROOM Click Here to Access
- Purchase Agreement
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$7,074
|
$5.78
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$7,074
|
$5.78
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $7,074 |
| Annual Per SF | $5.78 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $7,074 |
| Annual Per SF | $5.78 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
1,224 SF
Building Class
B
Year Built
1977
Price
$397,837 CAD
Price Per SF
$325.03 CAD
Building Height
1 Story
Typical Floor Size
1,224 SF
Building FAR
0.08
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
B-1 - Business intended to provide for an urban mix of retail, office, service, hotel, residential and
civic functions for the city. Approved list in docs.
Parking
8 Spaces (6.54 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Central Heating
- Fully Carpeted
- Natural Light
- Partitioned Offices
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 080-0055 | Total Assessment | $667,882 CAD (2025) |
| Land Assessment | $150,821 CAD (2025) | Annual Taxes | $7,074 CAD ($5.78 CAD/SF) |
| Improvements Assessment | $517,061 CAD (2025) | Tax Year | 2023 Payable 2023 |
PROPERTY TAXES
Parcel Number
080-0055
Land Assessment
$150,821 CAD (2025)
Improvements Assessment
$517,061 CAD (2025)
Total Assessment
$667,882 CAD (2025)
Annual Taxes
$7,074 CAD ($5.78 CAD/SF)
Tax Year
2023 Payable 2023
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Former Credit Union/Teamsters Bldg | 105 N Main St
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