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INVESTMENT HIGHLIGHTS
- Located at a signalized hard corner with ±40,000 VPD
- ±2 miles from Colonial Williamsburg and William & Mary
- Zoned LB-4 allowing flexible commercial uses
- Former bank branch with existing drive-thru infrastructure
- Surrounded by national retailers and shopping centers
- ±1.4-acre parcel with 18 on-site parking spaces
EXECUTIVE SUMMARY
Positioned at the highly visible, signalized intersection of Route 199 and Jamestown Road, this ±2,310 SF freestanding office/retail building offers a rare opportunity for owner-users or investors seeking a prime location in Williamsburg, Virginia. Formerly a bank branch, the property features a functional drive-thru window, ample parking with 18 dedicated spaces, and sits on ±1.4 acres zoned LB-4, allowing for a variety of commercial uses.
Its strategic location places it just two miles south of Colonial Williamsburg and the College of William & Mary, ensuring consistent traffic and visibility. The site benefits from ±40,000 vehicles per day, and is surrounded by major retail anchors including CVS, Food Lion, Walmart, Target, and Harris Teeter, as well as regional shopping centers like Williamsburg Premium Outlets and New Town. This corridor is a hub for both local residents and tourists, offering strong demographics and retail synergy.
The building layout includes multiple rooms, teller counters, vault space, restrooms, and mechanical areas, making it adaptable for financial services, medical, or professional office use. With existing infrastructure and excellent ingress/egress, the property is well-positioned for immediate occupancy or redevelopment.
Its strategic location places it just two miles south of Colonial Williamsburg and the College of William & Mary, ensuring consistent traffic and visibility. The site benefits from ±40,000 vehicles per day, and is surrounded by major retail anchors including CVS, Food Lion, Walmart, Target, and Harris Teeter, as well as regional shopping centers like Williamsburg Premium Outlets and New Town. This corridor is a hub for both local residents and tourists, offering strong demographics and retail synergy.
The building layout includes multiple rooms, teller counters, vault space, restrooms, and mechanical areas, making it adaptable for financial services, medical, or professional office use. With existing infrastructure and excellent ingress/egress, the property is well-positioned for immediate occupancy or redevelopment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,310 SF
Building Class
B
Year Built
1973
Price
$1,744,000 CAD
Price Per SF
$754.98 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.40 AC
Zoning
LB-4
Parking
23 Spaces (9.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2008.786.908 | Improvements Assessment | $740,634 CAD |
| Land Assessment | $966,394 CAD | Total Assessment | $1,707,028 CAD |
PROPERTY TAXES
Parcel Number
2008.786.908
Land Assessment
$966,394 CAD
Improvements Assessment
$740,634 CAD
Total Assessment
$1,707,028 CAD
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1186 Jamestown Rd
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