Properties

 

  County Line Commercial | Powhatan, VA                Price: $1,650,000

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Exec Summary  Full Package
Address: 1346-1352 Anderson Hwy
Powhatan, VA 23139
Type: Commercial
CAP: 8.36 %
Land Acres: 7.5 +/-
Square Feet: 15,000
Percent Occupied: 77%

Property Overview

Cross Street Page Rd. Tax Parcel Number Various
Market Richmond Metro Sub Market Chesterfield/Powhatan
Year Built 1985 Year Renovated N/A
Building Class C Location Class B
No. of Buildings 4 No. of Pads 0
Available Pads 0 Shadow Anchored No
Street Frontage 400 Corner No
Zoning Type Residential/Commercial No.Tenants 8
No. Stories 1 Occupancy 100.00 %

Property Description

Four buildings on approximately 7.5 acres are (a) twostory office building with a full, rentable basement comprising 4,500 +/- square feet of rentable space; (b) a 4,250 +/- square foot, singlestory building rented to a day care operator; (c) a 2,600 +/- square foot building currently rented to a community church and (d) a 3,600 +/- square foot auto garage currently leased to an auto repair operator. The only vacancies on the entire property are in the office building where about 3,500 square feet are available.

Area Description

Only 2.5 miles from the new Westchester Centre Shopping Center anchored by Target, Office Max and a 12-Screen Theater, this property is adjacent to all public utilities and is served by public water service to all structures. All structures are served by a common septic system, but public sewer is available and would be accessed to the pressure line upon redevelopment of the property. These facts along with the inplace zoning for Commercial uses and excellent access and egress to arterial traffic makes this an obvious candidate for immediate redevelopment into a destination retail or mixed use location.

Location Map

Presented by:


 
Jim Tucker, CCIM
804.794.9119
 
                                    

Contact Details

6802 Paragon Place | Suite 410
Richmond, VA 23230

804.794.9119 Office
info@networkscre.com
www.networkscre.com

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The extremely professional manner in which you helped me work through the final contract negotiations saved us thousands of dollars. Your many years of commercial real estate experience were most apparent in bringing a favorable close”

Ed Dickerson | President
Tri-State Insurance Agencies.


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