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INVESTMENT HIGHLIGHTS
- Great visibility off of main road
EXECUTIVE SUMMARY
At $398,000 firm, this is the best small business opportunity in fabled Urbanna, Va. Even for otherwise cash buyers, owner financing is preferred. This town of 500 will send 40,000-50,000 Oyster Festival visitors leisurely passing your first two buildings the first full weekend of every November. Urbanna also hosts small events and many visitors throughout the year. The renovated sidewalk retail or office one-story main building of about 900 sq ft has perfect, inviting exposure across from fabled Marshall's Drugstore and amid other charming shops, professional offices, historic R.S. Bristow Store, and popular Virginia Street as well. Next owner may have multiple commercial or professional dreams for "next chapter." 55 Cross St will meet almost any small business or commercial hope. It offers the best combination of easy maintenance, ideal light and maximum sidewalk and street curb appeal; flexibility in business use, incl add'l easily income producing 1218 sq ft second building tucked quietly behind with ideal separation from the charming main retail or office streetfront gem. Add'l space includes room for expansion or large patio for music, food, or informal activities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,121 SF
Building Class
C
Year Built
1935
Price
$555,576 CAD
Price Per SF
$261.94 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.09 AC
Zoning
B1
AMENITIES
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 20A-1-102 | Improvements Assessment | $89,119 CAD |
| Land Assessment | $70,505 CAD | Total Assessment | $159,624 CAD |
PROPERTY TAXES
Parcel Number
20A-1-102
Land Assessment
$70,505 CAD
Improvements Assessment
$89,119 CAD
Total Assessment
$159,624 CAD
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55 Cross St
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