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Investment Highlights

  • Premier Kiln Creek Location – Situated within the master-planned Kiln Creek mixed-use community with strong residential and commercial synergy.
  • Signalized Corridor Exposure – Located along Kiln Creek Parkway with strong visibility and convenient access.
  • General Business Zoning (GB) – Allows a wide range of commercial uses including office, medical, and retail.
  • Freestanding Bank Building – ±3,332 SF single-tenant building on a 1.31-acre parcel with efficient layout.
  • Drive-Through Capability – Existing bank infrastructure supports drive-through retail, medical, or service users.
  • Affluent Trade Area – Positioned within one of the Peninsula’s most established and stable residential communities.

Executive Summary

201 Kiln Creek Parkway presents an opportunity to acquire a freestanding ±3,332 square foot commercial building located within the highly desirable Kiln Creek master-planned community in York County. The property benefits from its position within a well-established mixed-use environment, supported by surrounding residential density, neighborhood retail, and office users that drive consistent daily traffic.
Situated on a 1.31-acre parcel, the property offers excellent site functionality, including ample parking and strong internal circulation. The building was originally developed as a bank branch and includes drive-through infrastructure, making it highly adaptable for a range of service-oriented uses.
The General Business (GB) zoning provides flexibility for a wide variety of uses including office, medical office, financial services, and retail, positioning the asset well for both owner-users and investors seeking repositioning opportunities.
From a redevelopment perspective, the property is particularly well suited for medical office conversion, including outpatient care, dental, or specialty practices that benefit from accessibility, parking, and proximity to a dense residential base. The building also supports enterprise office users, such as financial services firms, insurance agencies, engineering groups, or regional administrative offices seeking a professional presence within the Kiln Creek corridor.
Overall, the property represents a well-located owner-user or value-add investment opportunity within one of the Peninsula’s most stable submarkets, combining strong demographics, flexible zoning, and an adaptable building suitable for medical office, professional services, or enterprise office use.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Bank
Building Size
3,332 SF
Building Class
B
Year Built
1996
Price
$1,952,300 CAD
Price Per SF
$585.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.31 AC
Zoning
GB - General Business
Parking
27 Spaces (8.1 Spaces per 1,000 SF Leased)
Frontage
406’ on Kiln Creek Parkway

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Since they first opened in 1923, Old Point has been committed to their customers and their community. Even though Old Point has grown substantially over the decades, They still operate under local management, with the same trusted name, and the same genuine concern about their customers. Old Point launched operations from a counter inside Cooper’s Confectionary store in the Phoebus section of Hampton in January of 1923. A local doctor, a seafood dealer, and a merchant, who cared about their community, founded Old Point because they believed it would be a help to area citizens and businesses. They named the bank after Old Point Comfort lighthouse to demonstrate their commitment to being a steady, trusted resource in all kinds of economic conditions.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Nearby Major Retailers

Burn Boot Camp
Starbucks
Kroger
Texas Roadhouse
Woodforest National Bank
Whole Foods Market

Property Taxes

Property Taxes

Parcel Number
R03D-4217-2125
Land Assessment
$852,973 CAD
Improvements Assessment
$1,021,229 CAD
Total Assessment
$1,874,202 CAD
  • Listing ID: 39488432

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 201 Kiln Creek Pky, Yorktown, VA 23693

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