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114-132 Chowan Dr 11,044 SF 100% Leased Retail Building Portsmouth, VA 23701 $1,708,813 CAD ($154.73 CAD/SF)



Investment Highlights
- Building recently received new roof
- Close proximity to retail shops, restaurants and numerous other amenities.
- 51 parking paces
- Easy access to I-264, Downtown Tunnel
Executive Summary
100% leased. However this property can also be an excellent Owner-Occupant opportunity because the leases are short term.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,044 SF
Building Class
C
Year Built
1980
Price
$1,708,813 CAD
Price Per SF
$154.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.23
Lot Size
1.09 AC
Zoning
C-2
Parking
56 Spaces (4.63 Spaces per 1,000 SF Leased)
Frontage
114’ on Chowan
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 0576-0032 | Improvements Assessment | $436,036 CAD |
| Land Assessment | $415,222 CAD | Total Assessment | $851,258 CAD |
Property Taxes
Parcel Number
0576-0032
Land Assessment
$415,222 CAD
Improvements Assessment
$436,036 CAD
Total Assessment
$851,258 CAD
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114-132 Chowan Dr
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