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1430 High St
Williamsburg, VA 23185
Unit 6 · Land For Sale · 1.27 AC

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INVESTMENT HIGHLIGHTS

  • Best-In-Class Real Estate With Favorable Development Fundamentals
  • Excellent Retail Location & Demographics
  • See Offering Memorandum for More Information!
  • Built-In Customer Base
  • Tourism Hub and University Town

EXECUTIVE SUMMARY

Colliers’ Retail Investment Group is pleased to present this unique development opportunity within The Shops at High Street, a premier, mixed-use lifestyle center located in growing Williamsburg, VA. Legally referred to as Unit 6 in the High Street Condominium, the offering includes a 1.27 ac pad ready site well-situated within the Shops at High Street shopping center. Unique to this asset is the condo
structure, which provides shared parking of the entire project. This arrangement allows for the full acreage to be developed (up to 35k SF) without the limitations of parking counts and stormwater management needing to be considered.
The Shops at High Street is a 114,000 SF retail center anchored by Movie Tavern (who recently executed a long-term renewal) and developed in tandem with Sterling Manor, which includes 207 high-end apartments and townhomes. Additionally, High Street View Apartments was recently completed within the project and contains 319 luxury units. The assets are strategically positioned along Richmond Road with close proximity to Colonial Williamsburg and the College of William and Mary. Average household incomes in the nearly 80,000-person trade-area are over $130,000, combined with tourists to the Historic Triangle and visitors to William and Mary, they create a robust customer base with excellent spending power.

PROPERTY FACTS Under Contract

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Storefront, Retail or Office
Total Lot Size 1.27 AC
Zoning ED-2 - Economic Development District
Parcel Number 3310.699.196

1 LOT AVAILABLE

Lot

Price $1,115,340 CAD
Price Per AC $878,220.56 CAD
Lot Size 1.27 AC

1.27 Acre pad ready site well situated within the Shops at High Street shopping center.

DESCRIPTION

Legally refered to as Unit 6 in the High Street Condominium, the offering includes a 1.27 ac pad ready site well-situated within the Shops at High Street shopping center. Unique to this asset is the condo structure, which provides shared parking of the entire project. This arrangement allows for the full acreage to be developed (up to 35k SF) without the limitations of parking counts and stormwater management needing to be considered.

  • Listing ID: 33383295

  • Date on Market: 2024-10-02

  • Last Updated:

  • Address: 1430 High St, Williamsburg, VA 23185

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