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105 S First Colonial Rd 3,000 SF Industrial Condo Unit Offered at $439,715 CAD in Virginia Beach, VA 23454
INVESTMENT HIGHLIGHTS
- newly renovated
EXECUTIVE SUMMARY
FOR SALE: Prime Commercial Office Condo | I-1 Zoning | Hilltop Area – Virginia Beach Blvd Tennant in place with a Lease until 10/01/2027 Paying $2550/month with a 90 Days cancelation term notice. ?? Location: Virginia Beach Blvd near Hilltop ?? Zoning: I-1 Light Industrial | APZ-1 ?? Access: Minutes to I-264, Oceanfront, Oceana, and major commercial corridors Property Highlights: Versatile Commercial Condo in highly desirable Hilltop area Zoned I-1 (Light Industrial) with APZ-1 overlay – suitable for office, flex space, service business, light warehousing, or contractor use Potential to install roll-up doors for added functionality Ideal for small businesses, owner-users, or investors Ample on-site parking and efficient layout Easy access to highways, major retailers, and business hubs
PROPERTY FACTS
| Total Building Size | 12,098 SF | Typical Floor Size | 1,500 SF |
| Property Type | Flex (Condo) | Year Built | 1984 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Zoning | I-1, APZ-1 - Light Industrial APZ1 | ||
| Total Building Size | 12,098 SF |
| Property Type | Flex (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 1,500 SF |
| Year Built | 1984 |
| Parking Ratio | 10/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | I-1, APZ-1 - Light Industrial APZ1 |
AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit 116
| Unit Size | 3,000 SF | Condo Use | Industrial |
| Price | $439,715 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $146.57 CAD |
| Unit Size | 3,000 SF |
| Price | $439,715 CAD |
| Price Per SF | $146.57 CAD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
DESCRIPTION
Location: Virginia Beach Blvd near Hilltop
Zoning: I-1 Light Industrial | APZ-1
Tennant in place with a Lease until 10/01/2027 Paying $2550/month with a 90 Days cancelation term notice.
Access: Minutes to I-264, Oceanfront, Oceana, and major commercial corridors
Property Highlights:
Versatile Commercial Condo in highly desirable Hilltop area
Zoned I-1 (Light Industrial) with APZ-1 overlay – suitable for office, flex space, service business, light warehousing, or contractor use
Potential to install roll-up doors for added functionality
Ideal for small businesses, owner-users, or investors
Ample on-site parking and efficient layout
Easy access to highways, major retailers, and business hubs
SALE NOTES
Location: Virginia Beach Blvd near Hilltop
Tennant in place with a Lease until 10/01/2027 Paying $2550/month with a 90 Days cancelation term notice.
Zoning: I-1 Light Industrial | APZ-1
Access: Minutes to I-264, Oceanfront, Oceana, and major commercial corridors
Property Highlights:
Versatile Commercial Condo in highly desirable Hilltop area
Zoned I-1 (Light Industrial) with APZ-1 overlay – suitable for office, flex space, service business, light warehousing, or contractor use
Potential to install roll-up doors for added functionality
Ideal for small businesses, owner-users, or investors
Ample on-site parking and efficient layout
Easy access to highways, major retailers, and business hubs
+16 More
main
3-web-or-mls-IMG_9164
1-web-or-mls-IMG_9174
Lobby
First Floor Office
First Floor Studio room
First Floor Studio room
First Floor Studio room
18-web-or-mls-IMG_9089
Second Floor Room
Second Floor Room
Second Floor Room
Second Floor Room
Second Floor Office
Second floor Office
Second Floor Office
Second Floor 2nd Office
Second Floor 2nd Office
21-web-or-mls-IMG_9074
20-web-or-mls-IMG_9079
19-web-or-mls-IMG_9084
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Road Reapers |
-
|
April 2019
|
Presented by
Akela llc
105 S First Colonial Rd
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