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Faits saillants de l'investissement

  • Price Reduction!
  • NN Burger – award-winning restaurant and anchor tenant
  • Drive-in basement leased to a machine shop
  • Four Brand New HVAC units. Over $50,000.00 value plus long term piece of mind
  • 100% occupied with long-term tenants and reliable cash flow
  • Positioned in the Northern Neck, offers unrivaled access to the coastal charm of Kilmarnock, Irvington, White Stone, Lancaster & Westmoreland Counties

Résumé de l'annonce

Coldwell Banker Commercial Brooks Real Estate is pleased to offer an income-stabilized, 14,000± SF multi-tenant mixed-use property in the heart of Downtown Tappahannock—a proven location with limited comparable inventory. Price recently reduced by $150,000.
Three-Level, Fully Leased: Drive-in basement for a long-standing machine shop, main-level retail tenants, and third-floor offices provide diversified income and reduced tenant concentration risk.
Anchor Tenant: NN Burger, a regional draw and repeat Virginia’s Best Burger winner, ensures consistent foot traffic and strong brand recognition.
Additional Tenants: Fitz Cabinetry, Chesapeake Governor’s School, and For His Glory Ministries deliver stable tenancy backed by local and institutional demand.
Well-Maintained & Cash Flow Positive: No deferred maintenance, immediate income, with embedded value-add potential through future rent optimization.
Prime Downtown Exposure: High-visibility murals, historic downtown location, pedestrian traffic, and destination retail enhance curb appeal, tenant retention, and long-term demand.
303 Queen Street offers durable cash flow today and upside for 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
Commerce de détail
Taille du bâtiment
14 000 pi²
Classe d’immeuble
B
Année de construction
1965
Prix
1 986 079 $ CAD
Prix par pi²
141,86 $ CAD
Taux de capitalisation
8,13%
Revenu net d’exploitation
161 483 $ 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)

Commodités

  • Lot de coin
  • Restaurant
  • Affichage
  • CVCA contrôlé par le locataire
  • Climatisation
  • Détecteur de fumée

Disponibilité des espaces

  • Espace
  • Taille
  • Utilisation de l’espace
  • Poste
  • Disponible
  • D
  • 3 580 pi²
  • Flex
  • -
  • 30 jours

303 Queen Street, Tappahannock, VA 22560 Position your business for success at 303 Queen Street, a highly adaptable ±3,580 SF commercial space located in the heart of Tappahannock’s primary commercial corridor. This property is engineered for modern hybrid business models, offering the perfect blend of high-visibility retail/showroom space and functional back-of-house storage or light industrial capacity. Property Highlights Size: ±3,580 SF of versatile floor area. Zoning: CG-2 (General Commercial) – Permits a wide array of uses including retail, professional services, wholesale, and light industrial. Layout: Flexible configuration capable of supporting a storefront, showroom, office buildout, and warehouse/storage components. Location: Strategic positioning with excellent visibility and exposure to high-volume local and regional traffic. Market Reach: Situated near national retailers and key thoroughfares serving the growing Northern Neck region. Ideal Use Cases The property’s broad zoning and adaptable layout make it a premier choice for: Retail & Showroom: Boutique shops, equipment sales, or specialty retail. Flex & Contractor Space: Trade professionals needing office space with equipment/material storage. Hybrid Concepts: Businesses requiring a customer-facing front with light assembly or distribution in the rear. Professional Services: Firms seeking high-visibility office or service-oriented space. Location Advantage Located along one of Tappahannock’s most active commercial arteries, 303 Queen Street offers the connectivity and regional access necessary for operational efficiency and customer growth.

Espace Taille Utilisation de l’espace Poste Disponible
D 3 580 pi² Flex - 30 jours

D

Taille
3 580 pi²
Utilisation de l’espace
Flex
Poste
-
Disponible
30 jours

D

Taille 3 580 pi²
Utilisation de l’espace Flex
Poste -
Disponible 30 jours

303 Queen Street, Tappahannock, VA 22560 Position your business for success at 303 Queen Street, a highly adaptable ±3,580 SF commercial space located in the heart of Tappahannock’s primary commercial corridor. This property is engineered for modern hybrid business models, offering the perfect blend of high-visibility retail/showroom space and functional back-of-house storage or light industrial capacity. Property Highlights Size: ±3,580 SF of versatile floor area. Zoning: CG-2 (General Commercial) – Permits a wide array of uses including retail, professional services, wholesale, and light industrial. Layout: Flexible configuration capable of supporting a storefront, showroom, office buildout, and warehouse/storage components. Location: Strategic positioning with excellent visibility and exposure to high-volume local and regional traffic. Market Reach: Situated near national retailers and key thoroughfares serving the growing Northern Neck region. Ideal Use Cases The property’s broad zoning and adaptable layout make it a premier choice for: Retail & Showroom: Boutique shops, equipment sales, or specialty retail. Flex & Contractor Space: Trade professionals needing office space with equipment/material storage. Hybrid Concepts: Businesses requiring a customer-facing front with light assembly or distribution in the rear. Professional Services: Firms seeking high-visibility office or service-oriented space. Location Advantage Located along one of Tappahannock’s most active commercial arteries, 303 Queen Street offers the connectivity and regional access necessary for operational efficiency and customer growth.

Assez praticable à pied
40/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100

Impôts fonciers

Impôts fonciers

Numéro de lot
32B-14-L-1
Évaluation du terrain
248 501 $ CAD
Évaluation des bâtiments
450 580 $ CAD
Évaluation totale
699 081 $ CAD
  • ID d’inscription: 38070592

  • Date de mise sur le marché: 2025-10-14

  • Dernière mise à jour:

  • Adresse: 303 Queen St, Tappahannock, VA 22560

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