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303 Queen St 14 000 pi² 100% Loué Commerce de détail Immeuble Tappahannock, VA 22560 2 205 600 $ CAD (157,54 $ CAD/pi²) 6,49% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Multi-Tenant, 14,000± SF mixed-use building – retail, office, and industrial components
- 100% occupied with long-term tenants and reliable cash flow
- Drive-in basement leased to a machine shop
- NN Burger – award-winning restaurant and anchor tenant
- Excellent downtown location with strong visibility and local character
RÉSUMÉ DE L'ANNONCE
Coldwell Banker Commercial Brooks Real Estate is exclusively offering a stabilized, income-producing 14,000± SF multi-tenant mixed-use asset in the core of Downtown Tappahannock—a proven location with limited comparable inventory.
This three-level, fully leased building generates diversified income from a drive-in basement leased to a long-standing local machine shop, main-level retail tenants, and third-floor office users, providing multiple revenue streams and reduced tenant concentration risk.
The retail lineup is anchored by NN Burger, a dominant regional draw and repeat Virginia’s Best Burger award winner, driving consistent foot traffic and brand recognition. Additional tenants—including Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries—deliver stable tenancy backed by strong local and institutional demand.
The property is well maintained with no deferred maintenance and offers immediate cash flow with embedded value-add upside through future rent optimization as leases roll to market. High-visibility murals and a prime downtown position enhance curb appeal, tenant retention, and long-term demand.
Located in the historic downtown corridor of Tappahannock, 303 Queen Street benefits from pedestrian traffic, destination retail, and sustained community investment, positioning this asset for durable cash flow today and NOI growth tomorrow.
Drone video link below.
This three-level, fully leased building generates diversified income from a drive-in basement leased to a long-standing local machine shop, main-level retail tenants, and third-floor office users, providing multiple revenue streams and reduced tenant concentration risk.
The retail lineup is anchored by NN Burger, a dominant regional draw and repeat Virginia’s Best Burger award winner, driving consistent foot traffic and brand recognition. Additional tenants—including Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries—deliver stable tenancy backed by strong local and institutional demand.
The property is well maintained with no deferred maintenance and offers immediate cash flow with embedded value-add upside through future rent optimization as leases roll to market. High-visibility murals and a prime downtown position enhance curb appeal, tenant retention, and long-term demand.
Located in the historic downtown corridor of Tappahannock, 303 Queen Street benefits from pedestrian traffic, destination retail, and sustained community investment, positioning this asset for durable cash flow today and NOI growth tomorrow.
Drone video link below.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
14 000 pi²
Classe d’immeuble
B
Année de construction
1965
Prix
2 205 600 $ CAD
Prix par pi²
157,54 $ CAD
Taux de capitalisation
6,49%
Revenu net d’exploitation
143 189 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,35
Taille du lot
0,92 AC
Zone de développement économique
Oui
Zonage
CG-2
Stationnement
25 places (1,79 places par 1 000 pi² loué)
Façade
65’ sur Queen St
COMMODITÉS
- Lot de coin
- Restaurant
- Affichage
- CVCA contrôlé par le locataire
- Climatisation
- Détecteur de fumée
Impôts fonciers
| Numéro de lot | 32B-14-L-1 | Évaluation des bâtiments | 452 841 $ CAD |
| Évaluation du terrain | 249 748 $ CAD | Évaluation totale | 702 588 $ CAD |
Impôts fonciers
Numéro de lot
32B-14-L-1
Évaluation du terrain
249 748 $ CAD
Évaluation des bâtiments
452 841 $ CAD
Évaluation totale
702 588 $ CAD
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303 Queen St
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