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Investment Highlights

  • MU-1 COMMERCIAL AND HIGH DENSITY R-3 ZONING! 1.74 ACRES!
  • WELL POSITIONED FOR INCREASED DENSITY AND ELIGIBILITY FOR VALUABLE ZONING DEVELOPMENT INCENTIVES!
  • R-3 HIGH DENSITY-multi-family, group homes, limited residential care facilities, non-residential recreational, educational, public service bldg
  • STRATEGIC LOCATION, High visibility and 697' OF ROAD FRONTAGE offering EXCELLENT ACCESSIBILITY!
  • MU-1 COMMERCIAL-Retail stores, shops, offices, multi-family, apartments, hotels, restaurants!
  • 2800sqft 5B/3Ba, 2830sqft brick home in great condition NEW HVAC and ROOF! 624sqft det. garage w/attached 2BR apartment!

Executive Summary

IDEAL LOCATION and RARE OPPORTUNITY in the rapidly developing, charming town of West Point! MU-1 COMMERCIAL AND HIGH DENSITY R-3 ZONING! 1.74 ACRES! High visibility and 697' OF ROAD FRONTAGE offering EXCELLENT ACCESSIBILITY AND ENDLESS POSSIBILITIES FOR DEVELOPMENT; 167' of road frontage on the high traffic King William Ave, 110' frontage on Lyndale St, and 420' frontage on Moore St! This property's STRATEGIC LOCATION and CURRENT MU-1 AND R-3 ZONING overlays make it WELL POSITIONED FOR INCREASED DENSITY AND ELIGIBILITY FOR VALUABLE ZONING DEVELOPMENT INCENTIVES allowing for limitless opportunities: MU-1 COMMERCIAL-Retail stores, shops, offices, multi-family, apartments, hotels, restaurants; R-3 HIGH DENSITY-multi-family, group homes, limited residential care facilities, non-residential recreational, educational, cultural and public service buildings. The property encompasses 1.737 Acres, an existing 2800sqft brick home in great condition, carport, and 624sqft detached garage w/attached 2BR apartment! The charming 2800sqft cape cod has been meticulously maintained and boasts gorgeous hardwood floors throughout, 4 spacious bedrooms, 3 full bathrooms, an open concept, tons of storage, an enclosed sunroom and entertaining patio!! The existing residential building presents the potential to offer an owner-user on-site accommodation or be used as medical office space, retail shops, group/nursing home accommodation or common area! Recent updates include newer roof, dual zone HVAC, and water heater! Located 45 minutes to Richmond and 20 minutes to Williamsburg! Boasting a Blue Ribbon school district, rapidly growing population w/a variety of development needs, and an expansive waterfront development project well underway; THIS FIRST-TIME OFFERING PRESENTS AN OPPORTUNITY to CAPITALIZE ON A SUCCESSFUL DEVELOPMENT VENTURE THAT YOU DO NOT WANT TO MISS!!

Property Facts

Price $1,018,942 CAD
Price Per SF $359.92 CAD
Sale Type Investment or Owner User
Property Type
Flex
  • General Retail Storefront Retail/Office
  • Office Medical
  • Office Office Residential
Lot Size 1.74 AC
Rentable Building Area 2,831 SF
No. Stories 2
Year Built 1965
Zoning MU-1 & R-3 - COMMERCIAL MU-1 AND HIGH DENSITY R-3 ZONING W/697' OF ROAD FRONTAGE!

Amenities

  • Courtyard
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Heating - Electric
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 63A4-6-1-20
  • 63A4-6-1-3
  • 63A4-6-1-4
  • 63A4-6-1-21
Land Assessment
$85,603 CAD
Improvements Assessment
$358,579 CAD
Total Assessment
$444,182 CAD
  • Listing ID: 40402757

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 2870 King William Ave, West Point, VA 23181

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