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


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.
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 | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.27 AC |
| Property Type | Land | Parcel Number | 3310.699.196 |
| Property Subtype | Commercial | ||
| Zoning | ED-2 - Economic Development District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| 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 | Lot Size | 1.27 AC |
| Price Per AC | $878,220.56 CAD |
| 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.
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