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5862 Jefferson Ave 714 SF Retail Building Newport News, VA 23605 $361,331 CAD ($506.07 CAD/SF)
Investment Highlights
- main arteries in mixed residential/commercial area
- close to industrial/commercial businesses such as shipyards
Executive Summary
So many options for the creative restaurateur or entrepreneur. This small take out/drive up style building has tons of potential. All equipment convey as is but are ready to help you get your new business started! Walk In Fridge/Freezer Storage, Private Owners Bathroom. This location is a gem, situated on a main artery with tons of visibility and had a successful 50+year business prior to COVID in this location. Whether you are expanding your current business to include a new location OR starting from scratch- bring your imagination and make this space yours!
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
714 SF
Building Class
C
Year Built
1960
Price
$361,331 CAD
Price Per SF
$506.07 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.34 AC
Zoning
C-1 - Neighborhood Commercial Zone
Parking
15 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 283.00-03-51 | Improvements Assessment | $50,939 CAD |
| Land Assessment | $124,242 CAD | Total Assessment | $175,182 CAD |
Property Taxes
Parcel Number
283.00-03-51
Land Assessment
$124,242 CAD
Improvements Assessment
$50,939 CAD
Total Assessment
$175,182 CAD
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5862 Jefferson Ave
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