389 Edwin Dr - Office FOR SALE


Virginia Beach, VA 23462
$1,795,000 USD
757-490-9187
389 Edwin Dr, Virginia Beach, VA for Sale
$1,795,000 USD
Office - FOR SALE
1/2
null | 7.29% Cap Rate

Jan '25


389 Edwin Dr
Virginia Beach, VA 23462


HIGHLIGHTS

  • Location to I 264 and Town Center of Virginia Beach
  • Well laid out floor plan for many small business and great for owner occupant
  • Potential for Medical office

OVERVIEW

Owner/operator currently operates a home building operation from 2/3 of the space. Balance rented to tenants under favorable rents, but leases can be terminated upon sale with notice. Excellent location near Mt. Trashmore. Easily accessible from I-264 and Town Center of Virginia Beach. Building is well maintained with in house management. Small warehouse space attached to building with garage door. Security system installed with two partitions thru Alarm.com and 6 cameras. Trane HVAC system with computer interface in computer network room. Nicely landscaped and well maintained grounds.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

7.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,594 SF

ZONING

O2

APN/PARCEL ID

1476-69-3335

ASK ABOUT THIS PROPERTY

Shane SullivanCrestline Realty CorporationMore Info
757-490-9187

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Shane SullivanCrestline Realty CorporationMore Info
757-490-9187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.