South Hill Retail for Sale

Lee & Associates is pleased to present a brand-new Murphy USA fuel station and convenience store located in South Hill, Virginia. This 2025 construction features the latest Murphy USA prototype on a 0.90-acre parcel and is positioned directly off East Atlantic Street (22,700 VPD) with immediate access to Interstate 85 (33,000 VPD). The property is secured by a 20-year absolute NNN ground lease with zero landlord responsibilities and 9% rent increases every five years. The corporate lease is guaranteed by Murphy Oil USA, Inc. (NYSE: MUSA), a Fortune 500 company operating over 1,700 locations nationwide with annual revenues exceeding $21 billion.

Property Subtype:

Service Station

Date on Market:

2025-12-09

Nassawadox Office for Sale

• Prime investment property. • Tenant is state's health department. Building was built and periodically updated for this 40-year tenant. • New five-year lease signed in April 2025. • Appraised May 2025 at $825,000. • High visibility; Highway frontage • Exam rooms, testing lab, records, etc.

Property Subtype:

Medical

Date on Market:

2025-11-14

Portsmouth Office for Sale

9 Units totaling $133,620 in annual rents. This property is leased to 5 business owners and 4 residents (apartments). Fully occupied with long term tenants. Low operating expenses. This is great for a 1031 exchange or an investor looking for a high cash flowing property. This property is directly off of Portsmouth Blvd and includes a large undeveloped lot which could be developed doubling the current number of units. Please call my cell at 757-376-7237 with any questions or to schedule a showing.

Date on Market:

2025-11-11

Burke Office for Sale - Springfield/Burke

Date on Market:

2025-11-10

Dillwyn Retail for Sale

FOR SALE OR LEASE — Prime Commercial Opportunity on Main Street, Dillwyn Discover an excellent commercial opportunity located on Main Street in the heart of Dillwyn, VA. This property features two adjoining lots totaling 5.39 acres, offering ample space for parking, expansion, or future development. With strong road frontage, high visibility, and easy access, this versatile site is ideal for a range of business uses, including retail, office, light industrial, or service operations. Its convenient location near other established businesses makes it an outstanding investment or owner-user opportunity. Previously operated as a successful Ford dealership and service shop, the property is already equipped with seven service bays and car lifts, making it perfectly suited for another auto dealership, repair facility, or similar venture. The owner is open to owner financing options, providing added flexibility for qualified buyers. Whether you’re looking to establish, expand, or relocate your business, this property delivers exceptional potential in a growing community.

Property Subtype:

Auto Dealership

Date on Market:

2025-11-10

Petersburg Multifamily for Sale - TriCities

*Petersburg Best Buy* READY to RENT - 1973 Built 2/2 Duplex in Beautiful Petersburg, Virginia. For Sale. This property in Vacant and has just been cleaned and made rent ready. Property was renovated not too long ago, has new roof, new carpet, vinyl siding, new HVAC, and has 2 off street parking spaces. Last rents were $1250.00 per month for each unit, $2500.00 monthly. Each unit is about 648 sq ft in size, has a living room, kitchen, 2 bedrooms and a bath. Property is close to old town Petersburg, I-95, I-84, VSU and Ft Lee.. Don't let this one pass you by. Drive by and take a look today.

Property Subtype:

Multi Family

Date on Market:

2025-11-04

Mechanicsville Retail for Sale

Newly Renovated 16,354 SF building on 2.24 Acres in Mechanicsville, Virginia(Richmond MSA) Corporate Guarantee from Caliber Collision, which is the largest collision repair chain in the U.S., with 1,800+ stores in 41 states Site is strategically located on Mechanicsville Turnpike (51,000+ cars per day)and is positioned between a Publix anchored shopping center and Lowe's Home Improvement Other Major retail located within 1.5 miles of site includes Walmart Supercenter, Hobby Lobby, Target, Home Depot, BJs Wholesale, Kohl’s, Kroger, etc. Mechanicsville is an affluent Richmond suburb within Hanover County. Average household incomes are over $100k and the county is home to 12 fortune 1000 headquarters Tenant benefits from a diversified income stream thru their strategic sublease to Enterprise Rent-A-Car. This mutually beneficial agreement is often utilized at high volume Caliber locations. Enterprise is relocating within the market in order to increase capacity to meet customer demand.

Property Subtype:

Auto Dealership

Date on Market:

2025-11-04

Winchester Retail for Sale - Frederick County

Property Subtype:

Convenience

Date on Market:

2025-10-13

Falls Church Office for Sale

Amazing opportunity for owner occupant and/or investor looking for prime property in fantastic location inside the beltway. Building is currently 100% leased. All leases can be terminated early for owner occupant. Location is in the heart of the City of Falls Church. Across from the Falls Church City Government Center. Approximately 1 mile to East Falls church metro. Less than 10 miles to Washington DC. Walk to shops, restaurants, bike trails, park and library. Ideal location for private school, law firm, architecture firm, engineering firm or most businesses. Some retail uses permitted by current zoning. Plenty of parking. Huge upside in future development. City of Falls Church redevelopment projects are exploding. 2 blocks away from Kaiser Permanente. 3 blocks away from large redevelopment at Broad Street and N. Washington Street. (Whole Foods project) 25 small tenants some of which have been in the building for over 10 years. Low maintenance and easy to manage. Waiting list of potential tenants. Ideal for 1031 Exchange.

Date on Market:

2025-10-09

Alexandria Multifamily for Sale - Old Town Alexandria

Here is a unique opportunity to own the last operating Rooming House in Old Town Alexandria. This beautiful building nestled in the heart of historic Old Town Alexandria consists of 8 single-room residential tenants overtop of a successful beauty services salon. Located on a high-visibility corner with 3 points of access. Ground floor retail space is 1,611 sf available. This property offers the opportunity for a new owner to convert to traditional residential units for Airbnb. The commercial space occupies the main level at 300 N. Patrick Street in Alexandria, VA (1,323 square feet). The current tenant is operating on a triple net lease that is renewed on an annual basis. The monthly rent increases 3 percent each year (next increase is scheduled for April 2026). The current tenant is in good standing and has operated a successful microblading salon business in the property since January 2020. The boarding house occupies the second level of the property directly above the commercial space (the address, however, is 1001 Queen Street). There are 8 sleeping rooms and 2 full bathrooms on the upper level. The tenants all have signed month-to-month leases. The landlord pays all utilities and other expenses for the boarding house. There is also a fenced-in outdoor space that is approximately 200 square feet, as well as a small utility room on the main level. There are laundry facilities available for tenants under the stairs leading to the boarding house.

Property Subtype:

Apartment

Date on Market:

2025-09-14

Blackstone Retail for Sale

Incredible Investment Opportunity with Endless Potential! This versatile building is currently divided into two office spaces, a shop area in the back, and features the possibility for two rental apartments upstairs. Whether you're an entrepreneur, investor, or visionary—this property has what you need. Dreaming big? This would make an amazing brewery or distillery! Remove the center wall to create a spacious open-concept bar or restaurant area, and utilize the rear shop for your brewery/distillery setup, where customers can watch the process and enjoy tours—a unique attraction for the area! Prefer to keep it simple? Leave it as-is for an income-producing office building and finish the upstairs for two residential rentals to maximize return. This property offers flexibility, income potential, and character—so much opportunity under one roof. Take a look and turn this space into your next profitable venture!

Property Subtype:

Storefront

Date on Market:

2025-08-29

Ruther Glen Retail for Sale - Caroline County

HMX Realty is pleased to present for sale a Zero Cash Flow CVS Pharmacy located in the Richmond Virginia MSA, a wealthy and high growth area south of Washington DC. This property is offered with a zero cash flows structure with pay down readvance available. Loan to value is 60% allowing a 1.9 million pay down readvance. The property is ideal for a 1031 exchange. The Zero Cash Flow structure allows a 1031 Exchange buyer the ability to acquire the asset for virtually all cash ($3,177,000) and have the debt re-advanced to $1,906,000 immediately post-closing. The mortgage proceeds from the re-advanced loan are not subject to capital gains or income tax, however, HMX Realty Advisors is not qualified to give legal or tax advice. The property is a 5,389-sf building on 1.25 acres of land, and the leased for 16+ years to CVS, an investment grade company on an absolute bond triple-net lease with no landlord responsibilities whatsoever. The existing debt self-liquidates over the next 13 years and has an interest rate of 3.42% with a 3-year rent holiday starting in November 2038. Area Summary: The CVS is located just off Interstate 95 at the traffic light corner of Jefferson Davis Highway and Ladysmith Road in Ruther Glen, VA. Ruther Glen is part of the Richmond MSA and conveniently located between Richmond and Washington DC. The Richmond MSA is a center for law, finance and government. The area is home to one of 13 United States Court of Appeals, and one of 12 Federal Reserve Banks. Fortune 500 Companies headquartered in the area include Dominion Resources, MeadWestvaco, CarMax, Owens & Minor, Genworth Financial and Altria Group, while many others have a major presence. The intersection offers immediate access to Interstate 95, the main north–south Interstate Highway on the East Coast of the United States, and a mix of commercial tenants that support the surrounding area. In addition to CVS, nationally or regionally recognized tenants include a Food Lion Supermarket, Advance Auto, Atlantic Union Bank, Citgo fuel station, Family Dollar, and Dollar General. CVS location is supported by a wealthy and growing demographic.

Property Subtype:

Drug Store

Date on Market:

2025-08-14

Fairfax Office for Sale - Fairfax City

Legat Commercial Real Estate, LLC, as the exclusive representative for 10201 Fairfax Blvd, LLC, is pleased to present the opportunity to acquire Gatewood Plaza, located at 10201 Fairfax Boulevard, Fairfax City, Virginia. The 93% leased offering consists of an 88,995 SF, five-story Class A office building situated on a 3.0-acre site, zoned C-2 in Fairfax City. The property offers a stable, diversified rent roll from professional services, government contractors, medical users, and tech tenants, with strong in-place income and significant redevelopment potential to a significantly larger mixed-use project. The property is being offered at a purchase price of $15,940,937, reflecting a 10.00% cap rate on the current Net Operating Income of $1,594,093. The Seller will master lease the 7% of vacant suites to deliver the Building 100% leased. In addition to the excellent cap rate, this investment opportunity will have the added bonus of having a purchaser take advantage of the redevelopment potential of this office property to a mixed-use project with increased size (higher FAR) and a potential for retail and multi-family. Strategically located on Route 50 (Fairfax Blvd), the property provides excellent accessibility to I-66 and Route 123, and is walkable to retail, hotel, dining, and banking amenities. With Fairfax’s high average household income and a healthy employment base, this asset benefits from strong market fundamentals. This offering presents investors with a rare opportunity to acquire a stabilized, income producing, low-maintenance asset in a prime Northern Virginia submarket with strong tenancy, professional management, and long-term upside redevelopment potential.

Date on Market:

2025-07-29

Mineral Land for Sale - Louisa County

Looking for Industrial Land in Louisa county? Well your search is up. We have 2 parcels for sale. 6.88 acres and 5.86 acres. Both parcels have massive potential with proximity to Lake Anna, Dominion Power Plant, New Amazon datacenter. This property could be used for a multitude of uses from, forestry, distillery, brewery, contractors office/supply, food truck, parking lot, general office, to maintenance facility, construction sales, equipment sales, truck terminal to mini storage. The options are endless. To learn more about what can be done onsite by right and also with special use permit call today to learn more. These 2 properties surely wont last long. Possible Uses: Industrial Land, Brewery, Contractors Office, Distillery. Other IND uses by county with SUP.

Property Subtype:

Commercial

Date on Market:

2025-07-24

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.

Property Subtype:

Apartment

Date on Market:

2025-07-21

Richmond Retail for Sale - Northside

Terrific opportunity to be right at the heart of the redevelopment right around Virginia Union University, this building is currently in operation as a body shop, but that's absolutely not the highest and best use of this property. In the Chamberlayne Redevelopment Zone, and cannot be used as automotive in the future. Great spot for a coffee shop, retail store, restaurant, quick service, fast food etc.

Property Subtype:

Auto Repair

Date on Market:

2025-07-09

Farmville Retail for Sale

Discover this unique commercial/residential investment property with a modern apartment in the heart of downtown Farmville. You can live upstairs and have your business downstairs, rent one or both levels, or as the owner, you can have your residence on both floors. The utilities are split between the two levels for maximum flexibility. There are two off-street parking spaces, a new metal roof, a beautiful deck with downtown views, and you are within walking distance to restaurants and shopping, the Farmers Market, and the High Bridge Trail State Park. The charming upstairs residence features a modern kitchen with granite countertops, beautiful wood floors, ten foot ceilings, and an updated bathroom/laundry. The spacious downstairs with 12 foot ceilings will easily accommodate any professional or retail enterprise. Located at 215 W 3rd Street, there aren’t many properties like this in one of Virginia’s best small towns. Schedule your showing today!

Date on Market:

2025-07-07

Richmond Multifamily for Sale - East End

Value Add Investment Opportunity in Richmond, VA.: 20-Unit Apartment Complex. Discover this well-positioned 20-unit multifamily property, it provides a solid mix of both long-term tenants, and newer short-term tenants with newer leases of $ 1250.00, providing both stable cash flow, and room for income growth. With a Mix that includes several partial vaulted ceilings, adding to the architectural appeal and tenant desirability. A healthy tenant mix ensures ongoing revenue, and immediate upside potential through modest renovations and rent adjustments. With ample parking of 20+ parking spaces available on site and surrounding the property for residents and guests. Opportunities for interior updates and exterior enhancements, positioning this property as a strong candidate for increased NOI and future appreciation. Located across from a property managed by the Richmond Redevelopment Housing Authority, which is very well maintained by the City of Richmond located in an area poised for continued growth, making this an excellent long-term investment with strong rental demand and growth. Whether you're an investor seeking steady returns or buying for potential upside, this asset offers a balanced blend of income, location, and opportunity. Contact Ken Byers 804-919-4444 or Matt Smith 804-366-0200

Property Subtype:

Apartment

Date on Market:

2025-06-30

Fairfax Retail for Sale - Fairfax City

1031 Exchange.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-06-13

Norfolk Retail for Sale - Airport/Northampton

GREAT HIGHWAY EXPOSURE & SIGNAGE AUTOMOTIVE SALES AND SERVICE PRIVILEGES .77 acres 125’ frontage 2 abutting parcels 6 service bays Population 1/3/5 mi 8,829 / 97,025 / 287,179 Avg. Household Inc. 1/3/5 mi $70,239 / $77,547 / $81,455 26,378 VPD Neighbors: Hertz, AAMCO, Ford, Chrysler, Jeep, Dodge, RAM, Tesla, Avis Budget Enterprise, Lidl Airport to the east Interstate to the south 161,382 VPD Brokers Protected

Property Subtype:

Auto Dealership

Date on Market:

2025-06-06

Onancock Retail for Sale

Commercial & Residential Opportunity Downtown Business, 6,000 sq feet! built 1942,steel beam, brick, block construction, 1st fl 3,000 sq ft w 2 offices, separate entrances & separate heat/AC, handicapped access, freight elevator,3 phase serv,2 half baths - let your entrepreneurial spirit take flight! enjoy income from a 2nd office space! 2nd fl 3,000 sq ft. unfinished w rt of ownership to construct & half bath.This is your chance to craft a living space(s) so unique! Endless, vibrant possibilities!!! see attached for specifics. The owner has an on going business that they are willing to sell. Terms and conditions can be decussed later

Property Subtype:

Department Store

Date on Market:

2025-06-04

Vienna Retail for Sale

Potential for partial owner user opportunity as a buyer may decide to move into an available space when the current lease expires and is not renewed.

Date on Market:

2025-06-02

Woodbridge Retail for Sale - Woodbridge/I-95 Corridor

Property with Auto body shop business worth $1.4M.

Property Subtype:

Auto Repair

Date on Market:

2025-03-31

Stanardsville Land for Sale

This 70.04 acre site is located in a Major area of Commercial , Business and Residential growth located just north of Charlottesville, VA. The property location is 37 miles east of Harrisonburg, 35 miles south of Culpeper, 90 miles west of Richmond, VA and 1.5-2 hrs drive to Northern , VA/Washington D.C. The site is located on a Major Highway (east/west), Rt. 33-Spotswood Trail. But it is only 3 miles to Ruckersville, VA and a second Major Highway (north/south) which has shopping, like Lowes, Walmart and more! The U.S. Highway Rt.29/Seminole Trail location in Ruckersville, provides a developer or business a great opportunity for growth and adding Employment along with a very desirable community for employees, staff and business owners to enjoy life. Nearby, only 3 miles West is the Blue Ridge Mountains and Skyline Drive. Other important places include the University of Virginia located only 20 miles south and the National Ground Intelligence Center (NGIC) located 9 miles South. The National Ground Intelligence Center is part of the United States Army Intelligence and Security Command. This Farm has been in the family for several generations and the property consists of rolling pastures with dramatic views and gorgeous vistas. There is good road frontage on a major highway (Rt. 33-Spotswood Trail.) The land of 70.04 is designated in the Greene County zoning with 17.86 Acres in Business-3 (B-3) Zoning and 52.068 Acres in Manufacturing-1 (M-1) Zoning. These uses provide a variety of business and public uses.

Property Subtype:

Commercial

Date on Market:

2025-03-18