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1001 Canal Dr, Chesapeake, VA 23323 1001-1003 Canal Dr 1,968 sq ft Retail Property Chesapeake, VA 23323 £353,785 (£179.77/sq ft) 5.05% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Corner Lot.
  • Great mixed-use investment opportunity.

EXECUTIVE SUMMARY

Two buildings each about 800 SF. One building can used for residential and the other can be used for commercial. Less than a half mile from S Military Hwy.
Buy now and price drops $20,000.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Standalone
Property Size
1,968 sq ft
Costar Property Class
C
Year Built
1940
Price
£353,785
Price per sq ft
£179.77
Yield
5.05%
NOI
£17,852
Tenancy
Single
Number of Floors
1
Plot ratio
0.12
Total Plot Size
0.39 ac
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class
B2 - General Business
Parking
2 Spaces (1.02 Spaces per 1,000 sq ft Leased)
Frontage
130 ft on Canal Dr
1 1

PROPERTY TAXES

Parcel Number 0254006000181 Improvements Assessment £32,101
Land Assessment £70,682 Total Assessment £102,784

PROPERTY TAXES

Parcel Number
0254006000181
Land Assessment
£70,682
Improvements Assessment
£32,101
Total Assessment
£102,784
(757) 735-1024

Still interested?

Contact the agent for more information about this property

CONTACT

  • Lin Liao
    Lin Liao
  • Lin Liao

  • Listing ID: 11995650

  • Date on Market: 21/03/2018

  • Last Updated:

  • Address: 1001-1003 Canal Dr, Chesapeake, VA 23323

The Deep Creek North Retail Property at 1001-1003 Canal Dr, Chesapeake, VA 23323 is currently available. Contact Lin Liao for more information.

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1001 Canal Dr, Chesapeake, VA 23323 | 1001-1003 Canal Dr
(757) 735-1024 x

1001 Canal Dr, Chesapeake, VA 23323 | 1001-1003 Canal Dr

Lin Liao
(757) 735-1024

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