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729 Thimble Shoals Blvd - Building 6/7 - Condo 7B 2,505 SF Office Condo Unit Offered at $488,572 CAD in Newport News, VA 23606
INVESTMENT HIGHLIGHTS
- Premium Office Condo located in Oyster Point, Newport News
- Well Maintained Condo Association
- Private Office Layout
EXECUTIVE SUMMARY
Roof replaced by Condo Association 2017 HVAC: 5 Ton oversized unit (New Compressor & Coils 2018 - $5,050) Currently Occupied – Leased through 12/31/2025 by Mumford Company at $4,000/mn (Tenant can vacate early) - Condo Fees $436.52 per month - Real Estate Taxes $1,911 Semi-Annually - Insurance: $1,709/yrt - HVAC preventative care $230/yr - Utilities | Cost: Electric $193/mn; Water $30/mn; Sewer $9/mn; Gas $216/mn
PROPERTY FACTS
| Total Building Size | 12,161 SF | Typical Floor Size | 12,161 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Building Class | B | Lot Size | 0.28 AC |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | C4 - C4 + Opportunity Zone | ||
| Total Building Size | 12,161 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 12,161 SF |
| Year Built | 1988 |
| Lot Size | 0.28 AC |
| Opportunity Zone |
Yes |
| Zoning | C4 - C4 + Opportunity Zone |
AMENITIES
- 24 Hour Access
- Courtyard
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
1 UNIT AVAILABLE
Unit 7B
| Unit Size | 2,505 SF | Condo Use | Office |
| Price | $488,572 CAD | Sale Type | Owner User |
| Price Per SF | $195.04 CAD | No. Parking Spaces | 15 |
| Unit Size | 2,505 SF |
| Price | $488,572 CAD |
| Price Per SF | $195.04 CAD |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 15 |
DESCRIPTION
McManus Professional Park
Located in the center of Oyster Point Business District within walking distance to City Center
Built in 1988, Renovated 2014 | Premium Build Out
First Floor Office Condo with Kitchen, 2 bathrooms, private office layout
SALE NOTES
Roof replaced by Condo Association 2017;
HVAC: 5 Ton oversized unit (New Compressor & Coils 2018 - $5,050);
Currently Occupied – Leased through 12/31/2025 by Mumford Company at $4,000/mn (Tenant can vacate early);
- Condo Fees $436.52 per month;
- Real Estate Taxes $1,911 Semi-Annually;
- Insurance: $1,709/yrt;
- HVAC preventative care $230/yr;
- Utilities | Cost: Electric $193/mn; Water $30/mn; Sewer $9/mn; Gas $216/mn
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Mumford Company |
2,505 SF
|
November 2025
|
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729 Thimble Shoals Blvd - Building 6/7 - Condo 7B
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