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406 Bypass Rd - Commercial Land

1.92 Acres of Commercial Land Offered at £461,565 in Williamsburg, VA 23185

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Investment Highlights

Over 1,500 hotel/motel rooms along ByPassRoad corridor
28,000 local or tours cars per day travel on ByPass Road

Over 1,000 timeshare units within a 1 mile radius

Executive Summary

Excellent opportunity for retail, i.e.: restaurant, retail, shopping center, business, professional services, automotive services and more! located in close proximity to Colonial Williamsburg, the College of William and Mary, High Street and New Town. 5 million tourists a year visit Colonial Williamsburg, Jamestown, Yorktown, Busch Gardens and Water Country USA. Bypass Road is one of the primary local and tourist commercial corridors in the Williamsburg Market. It has three residential building on the lot, two are currently leased. Cash Offers only.
Located 1.5 miles from Colonial Williamsburg and the College of William and Mary with quick access to Interstate 64. Located on the south side of Bypass Road between 7-11 and Country Inn & Suites in York County, Virginia.
All Information Deemed Reliable but not Guaranteed

Demographics

Property Facts

Price	£461,565	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Retail Office Auto Repair Carwash Fast Food Medical Restaurant Storefront, Retail or Office
No. Lots	1	Total Lot Size	1.92 AC
Property Type	Land

Price	£461,565
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Auto Repair Carwash Fast Food Medical Restaurant Storefront, Retail or Office
Total Lot Size	1.92 AC

1 Lot Available

Lot

Price	£461,565	Lot Size	1.92 AC
Price Per AC	£240,398

Price	£461,565
Price Per AC	£240,398
Lot Size	1.92 AC

Property is well located on By-Pass road for tourist, commuter, and local corridor. General Business (GB) Zoning : Broad range of retail commercial uses, shopping centers, fast food establishments, business and professional services, and automotive.

Description

This property has leases of $28,200 per year and with work on the 3rd structure on the property would be needed.....so there is income now, and opportunity to repurpose the property and improve the property with an income stream prior to development.

PROPERTY TAXES

Parcel Number	D15D-3270-1791	Improvements Assessment	£3,156
Land Assessment	£639,090	Total Assessment	£642,246

PROPERTY TAXES

Parcel Number

D15D-3270-1791

Land Assessment

£639,090

Improvements Assessment

£3,156

Total Assessment

£642,246

zoning

Zoning Code	GB - General Business
GB - General Business

Listing ID: 8802038
Date on Market: 23/08/2017
Last Updated:
Address: 406 Bypass Rd, Williamsburg, VA 23185

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406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 1 of 9 — 406bypassroadarielshot

406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 2 of 9 — 406bypassroad4

406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 3 of 9 — 406bypassroad3

406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 4 of 9 — 406bypassroad1

406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 5 of 9 — 406bypassroad5

406 Bypass Rd, Williamsburg, VA for sale Building Photo- Image 6 of 9 — 406bypassroad2

406 Bypass Rd, Williamsburg, VA for sale Other- Image 7 of 9 — Location

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