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351 Independence Blvd
Virginia Beach, VA 23462
Retail Property For Sale
Investment Highlights
- Drive-Thru Infrastructure: Three existing drive-thru lanes
- Access: Full-movement ingress/egress
- Zoning: B-3 (Central Business District)
- High-Activity Trade Area: Strong daytime and evening traffic
- Frontage: Approximately 200 feet along Independence Blvd
Executive Summary
Prime 3,341 SF former bank branch on 0.75 acres with multiple drive-thru lanes, offering excellent frontage, visibility, and signage along Independence Boulevard. The property is strategically located at the signalized intersection of Independence Blvd and Broad Street (±59,200 VPD) in the heart of Town Center/Pembroke submarket of Virginia Beach. Surrounded by upscale retail, office towers, hotels, luxury multifamily, and entertainment destinations, this site sits within one of the most active, high-demand commercial corridors in Hampton Roads.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,341 SF
Building Class
C
Year Built
1991
Price
$3,816,477 CAD
Price Per SF
$1,142.32 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.75 AC
Zoning
B3
Parking
27 Spaces (8.08 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 1477-46-1297 | Improvements Assessment | $929,139 CAD |
| Land Assessment | $2,057,845 CAD | Total Assessment | $2,986,983 CAD |
Property Taxes
Parcel Number
1477-46-1297
Land Assessment
$2,057,845 CAD
Improvements Assessment
$929,139 CAD
Total Assessment
$2,986,983 CAD
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