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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
2 044 645 $ CAD
Prix par pi²
146,05 $ CAD
Taux de capitalisation
8,13%
Revenu net d’exploitation
166 245 $ 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
  • Commerce de détail
  • -
  • 30 jours

Grow your business at 303 Queen Street with this highly visible ±3,580 SF retail/flex commercial space in the heart of Tappahannock's primary retail corridor. Featuring an adaptable floor plan, the space is ideal for retailers seeking a customer-focused storefront while still offering ample room for inventory, storage, light warehouse, or light industrial operations. Property Highlights ±3,580 SF of flexible commercial space CG-2 General Commercial zoning allowing retail, office, showroom, flex, wholesale, and light industrial uses Open layout easily configured for retail sales, showroom, office, storage, or warehouse space Excellent storefront visibility with strong daily traffic exposure Convenient customer parking and easy access for deliveries Located among established retailers, restaurants, and service businesses Central location serving Tappahannock and the Northern Neck region Ideal Uses Retail stores and specialty boutiques Furniture, flooring, appliance, or home improvement showrooms Outdoor equipment, farm & garden, or automotive retail Medical or professional offices with customer reception Contractor headquarters with office and warehouse E-commerce fulfillment with retail showroom Wholesale distribution, light assembly, or light industrial operations Location Positioned on one of Tappahannock's busiest commercial corridors, 303 Queen Street offers outstanding visibility, easy customer access, and a central location that attracts both local residents and visitors throughout the Northern Neck.

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

D

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

D

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

Grow your business at 303 Queen Street with this highly visible ±3,580 SF retail/flex commercial space in the heart of Tappahannock's primary retail corridor. Featuring an adaptable floor plan, the space is ideal for retailers seeking a customer-focused storefront while still offering ample room for inventory, storage, light warehouse, or light industrial operations. Property Highlights ±3,580 SF of flexible commercial space CG-2 General Commercial zoning allowing retail, office, showroom, flex, wholesale, and light industrial uses Open layout easily configured for retail sales, showroom, office, storage, or warehouse space Excellent storefront visibility with strong daily traffic exposure Convenient customer parking and easy access for deliveries Located among established retailers, restaurants, and service businesses Central location serving Tappahannock and the Northern Neck region Ideal Uses Retail stores and specialty boutiques Furniture, flooring, appliance, or home improvement showrooms Outdoor equipment, farm & garden, or automotive retail Medical or professional offices with customer reception Contractor headquarters with office and warehouse E-commerce fulfillment with retail showroom Wholesale distribution, light assembly, or light industrial operations Location Positioned on one of Tappahannock's busiest commercial corridors, 303 Queen Street offers outstanding visibility, easy customer access, and a central location that attracts both local residents and visitors throughout the Northern Neck.

Assez accessible à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100

Impôts fonciers

Impôts fonciers

Numéro de lot
32B-14-L-1
Évaluation du terrain
255 533 $ CAD
Évaluation des bâtiments
463 331 $ CAD
Évaluation totale
718 864 $ 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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