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303 Queen St 14,000 SF 100% Leased Retail Building Tappahannock, VA 22560 $2,032,798 CAD ($145.20 CAD/SF) 8.13% Cap Rate
Investment Highlights
- Price Reduction!
- NN Burger – award-winning restaurant and anchor tenant
- Drive-in basement leased to a machine shop
- Four Brand New HVAC units. Over $50,000.00 value plus long term piece of mind
- 100% occupied with long-term tenants and reliable cash flow
- Positioned in the Northern Neck, offers unrivaled access to the coastal charm of Kilmarnock, Irvington, White Stone, Lancaster & Westmoreland Counties
Executive Summary
Three-Level, Fully Leased: Drive-in basement for a long-standing machine shop, main-level retail tenants, and third-floor offices provide diversified income and reduced tenant concentration risk.
Anchor Tenant: NN Burger, a regional draw and repeat Virginia’s Best Burger winner, ensures consistent foot traffic and strong brand recognition.
Additional Tenants: Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries deliver stable tenancy backed by local and institutional demand.
Well-Maintained & Cash Flow Positive: No deferred maintenance, immediate income, with embedded value-add potential through future rent optimization.
Prime Downtown Exposure: High-visibility murals, historic downtown location, pedestrian traffic, and destination retail enhance curb appeal, tenant retention, and long-term demand.
303 Queen Street offers durable cash flow today and upside for NOI growth tomorrow.
Drone video link below.
Property Facts
Amenities
- Corner Lot
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Grow your business at 303 Queen Street with this highly visible ±3,580 SF retail/flex commercial space in the heart of Tappahannock's primary retail corridor. Featuring an adaptable floor plan, the space is ideal for retailers seeking a customer-focused storefront while still offering ample room for inventory, storage, light warehouse, or light industrial operations. Property Highlights ±3,580 SF of flexible commercial space CG-2 General Commercial zoning allowing retail, office, showroom, flex, wholesale, and light industrial uses Open layout easily configured for retail sales, showroom, office, storage, or warehouse space Excellent storefront visibility with strong daily traffic exposure Convenient customer parking and easy access for deliveries Located among established retailers, restaurants, and service businesses Central location serving Tappahannock and the Northern Neck region Ideal Uses Retail stores and specialty boutiques Furniture, flooring, appliance, or home improvement showrooms Outdoor equipment, farm & garden, or automotive retail Medical or professional offices with customer reception Contractor headquarters with office and warehouse E-commerce fulfillment with retail showroom Wholesale distribution, light assembly, or light industrial operations Location Positioned on one of Tappahannock's busiest commercial corridors, 303 Queen Street offers outstanding visibility, easy customer access, and a central location that attracts both local residents and visitors throughout the Northern Neck.
| Space | Size | Space Use | Position | Available |
| D | 3,580 SF | Retail | - | 30 Days |
D
| Size |
| 3,580 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
D
| Size | 3,580 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Grow your business at 303 Queen Street with this highly visible ±3,580 SF retail/flex commercial space in the heart of Tappahannock's primary retail corridor. Featuring an adaptable floor plan, the space is ideal for retailers seeking a customer-focused storefront while still offering ample room for inventory, storage, light warehouse, or light industrial operations. Property Highlights ±3,580 SF of flexible commercial space CG-2 General Commercial zoning allowing retail, office, showroom, flex, wholesale, and light industrial uses Open layout easily configured for retail sales, showroom, office, storage, or warehouse space Excellent storefront visibility with strong daily traffic exposure Convenient customer parking and easy access for deliveries Located among established retailers, restaurants, and service businesses Central location serving Tappahannock and the Northern Neck region Ideal Uses Retail stores and specialty boutiques Furniture, flooring, appliance, or home improvement showrooms Outdoor equipment, farm & garden, or automotive retail Medical or professional offices with customer reception Contractor headquarters with office and warehouse E-commerce fulfillment with retail showroom Wholesale distribution, light assembly, or light industrial operations Location Positioned on one of Tappahannock's busiest commercial corridors, 303 Queen Street offers outstanding visibility, easy customer access, and a central location that attracts both local residents and visitors throughout the Northern Neck.
Property Taxes
| Parcel Number | 32B-14-L-1 | Improvements Assessment | $458,571 CAD |
| Land Assessment | $252,908 CAD | Total Assessment | $711,479 CAD |
Property Taxes
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303 Queen St
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