10158 Jefferson Ave Newport News, VA 23605

This exceptional 1.66-acre commercial property, located at 10158 Jefferson Avenue in Newport News, Virginia (zip code 23605), presents a unique investment opportunity. The property boasts a prime location with an average daily traffic count of 46,000 vehicles, placing it within easy reach of a substantial customer base. Its proximity to Newport News Shipbuilding, just 4.5 miles away, further enhances its appeal. The site is zoned C-2, General Commercial, allowing for a wide range of development possibilities. Currently featuring a roughly 2,300 square foot building, the property offers flexibility. This existing structure could be renovated to suit a variety of needs or demolished to make way for new construction. Should the smaller building remain, there's ample space to construct an additional building of approximately 8,000 square feet. The total square footage of the land is 8,000 square feet. The property's assessed value is $810,200, but it's offered at a significantly reduced price of $500,000 for a quick sale. This presents a compelling opportunity for investors seeking a high-traffic location with significant development potential in a thriving commercial area. Don't miss this chance to acquire a valuable asset in a strategic location.