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114-132 Chowan Dr 11,044 SF 100% Leased Retail Building Portsmouth, VA 23701 $1,744,900 CAD ($158.00 CAD/SF)

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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
$1,744,900 CAD
Price Per SF
$158.00 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

Crunch Fitness
Bank of America
America's Best Wings
Cook Out
Skrimp Shack
Rent-A-Center
Truist
Starbucks
Yard House
Food Lion

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0576-0032
Land Assessment
$426,210 CAD
Improvements Assessment
$447,575 CAD
Total Assessment
$873,784 CAD
  • Listing ID: 31596482

  • Date on Market: 2024-04-24

  • Last Updated:

  • Address: 114-132 Chowan Dr, Portsmouth, VA 23701

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