Ivor 1031 Exchange Properties For Sale

Commercial Real Estate in Ivor available for sale

1031 Exchange Properties for Sale within 50 kilometers of Ivor, VA, USA

More details for 11883 Jefferson Ave, Newport News, VA - Retail for Sale

Sushi King - 11883 Jefferson Ave

Newport News, VA 23606

1031 Exchange Property
Retail for Sale
$3,574,665 CAD
10,684 SF

Newport News Retail for Sale - Oyster Point

SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale the Sushi King restaurant property located at 11883 Jefferson Avenue, in Newport News, VA. Sushi King has been operating in this location for more than 15 years. The tenant will consider signing a new long-term lease or will vacate for an owner/user. The site consists of a 10,684 turnkey restaurant situated on an oversized 2.3ac parcel. The property is equidistant and about a mile to City Center, a high-density mixed-use development and the Marketplace at Tech Center (Whole Foods, DSW, HomeSense, Ulta Beauty). The property is zoned C1, allowing multiple uses including retail, office and hotel.

Contact:

S.L. Nusbaum Realty Co.

Property Subtype:

Restaurant

Date on Market:

2026-01-05

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More details for 600 74th St, Newport News, VA - Multifamily for Sale

New Market Apartments - 600 74th St

Newport News, VA 23605

1031 Exchange Property
Multifamily for Sale
$2,158,288 CAD
11,400 SF

Air Conditioning
Security System
Private Bathroom
Kitchen

Newport News Multifamily for Sale - Downtown Newport News

This updated 12-unit multifamily property offers a rare combination of immediate income, extensive recent upgrades, and long-term value. With a strong rental history and five stable Section 8 tenants, investors can enjoy consistent returns from day one. This property offers an excellent blend of stable income and minimal future capital expenditure needs thanks to comprehensive recent improvements. The strong in-place cash flow, plus potential to further increase rents or fully lease remaining units, makes this a standout opportunity in today’s market. The owner pays for water, sewer, and trash. 11 units are under leases. Monthly gross rent income: $11,223/month; avearge $70/leased unit for utilities paid by owner; Routine maintenance: 5% of rent income. Tax:$8,968; Insurance: $2,688.One vacant unit on the market for lease, with new carpet, asking $1050. It should be leased in Feb. 2026

Contact:

Harvey Lindsay Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-07-21

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