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Anderson Hwy Redevelopment Opportunity 1922 Anderson Hwy

3,312 SF 5% Leased Retail Building Powhatan, VA 23139 £1,738,521 (£525/SF)

Investment Highlights

  • 29,000 ADT | Anderson Hwy (US 60)
  • 2.47 Acres Walmart Outparcel Redevelopment Opportunity
  • Current Right-In, Right-Out off Anderson Hwy
  • Commerce Center (CC) Zoning

Executive Summary

Discover a remarkable opportunity to own a premier commercial property in the heart of Powhatan’s thriving growth corridor. This 2.47-acre Walmart outparcel, currently operating as County Line Tire, offers Commerce Center (CC) zoning, which accommodates a wide range of retail, service, office, and institutional uses. Strategically positioned along Anderson Highway (US-60), the property boasts excellent visibility with an impressive 29,000 Average Daily Traffic (ADT) count and convenient right-in, right-out access, making it an ideal location for future redevelopment. This attractive parcel is perfectly suited for a variety of commercial ventures and offers immense growth potential in a rapidly expanding area. Whether you’re envisioning multiple restaurants, vibrant strip center, modern office space, or a blend of service-oriented facilities, this property provides the foundation to bring your vision to life. Don’t miss this chance to secure a prime commercial asset in one of Virginia’s most promising markets. Contact us today to schedule a tour and to learn more about this exceptional opportunity!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,312 SF
Year Built
1989
Price
£1,738,521
Price Per SF
£525
Percent Leased
5%
Number of Floors
1
Building FAR
0.03
Lot Size
2.47 AC
Zoning
Commerce Center (CC) - The purpose of the Commerce Center (CC) District is to accommodate a wide range of retail, service, office, and institutional uses.
Frontage
203 ft on Anderson Highway (US 60)

Nearby Major Retailers

Starbucks
Food Lion
  • Listing ID: 34274833

  • Date on Market: 23/12/2024

  • Last Updated:

  • Address: 1922 Anderson Hwy, Powhatan, VA 23139

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