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4112 Charles M Lankford Jr Mem Hwy

3,280 SF Retail Building Exmore, VA 23350 £411,815 (£126/SF)

Investment Highlights

  • Appx. 234 sq ft frontage on Rt 13 - Lankford Highway - additional parking in Shore Plaza Shopping Center Parking Lot
  • Two walk in refrigeration units and one walk in freezer, two side doors, two entrances
  • Building could be expanded if you are not using the drive through - remodel inside according to your design

Executive Summary

Exmore, VA is growing and expanding, be apart of it! What an excellent opportunity to brand a new Restaurant and join Advance Auto Parts who is building next to Verizon & VA ABC. The Fire Suppression System (Hoods) was brought to current code, all the gas lines were also upgraded 202019-2020. The sewer lines will be brought to this location mid January 2025.
https://easternshorepost.com/2024/08/23/exmore-could-see-476-new-housing-units/
https://easternshorepost.com/2024/03/25/exmore-new-road-gets-3-7m-toward-47-housing-units/

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,280 SF
Building Class
C
Year Built
1988
Price
£411,815
Price Per SF
£126
Tenancy
Single
Number of Floors
1
Building FAR
0.09
Land Acres
0.84 AC
Zoning
Comm-Industrial - Restaurant
Parking
36 Spaces (10.98 Spaces per 1,000 SF Leased)
Frontage
234 ft on Charles M Lankford Jr Mem

Amenities

  • Bus Route
  • Dedicated Turn Lane
  • Pylon Sign
  • Security System
  • Signage
  • Signalised Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10D-1-5
Land Assessment
£109,817
Improvements Assessment
£224,420
Total Assessment
£334,237
  • Listing ID: 33109992

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 4112 Charles M Lankford Jr Mem Hwy, Exmore, VA 23350

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