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Investment Highlights
- Heavy daytime foot traffic
Executive Summary
Attention investors ! This is your chance to acquire a prime commercial restaurant property in the thriving heart of Newport News, Virginia. Situated in a high-visibility location with high daily traffic count and strong community presence, this turn-key opportunity is ideal for those looking to expand their portfolio or establish a new culinary venture.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,254 SF
Building Class
C
Year Built
1960
Price
$712,249 CAD
Price Per SF
$315.99 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.79 AC
Zoning
C1
Parking
19 Spaces (8.43 Spaces per 1,000 SF Leased)
Frontage
211’ on Jefferson Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 267.00-01-44 | Improvements Assessment | $685 CAD |
| Land Assessment | $558,020 CAD | Total Assessment | $558,705 CAD |
Property Taxes
Parcel Number
267.00-01-44
Land Assessment
$558,020 CAD
Improvements Assessment
$685 CAD
Total Assessment
$558,705 CAD
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9900 Jefferson Ave
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