4511 John Tyler HwyWilliamsburg, VA 23185

Governor's Green is a 31,750-square-foot neighborhood shopping center located at 4511 John Tyler Hwy, Williamsburg, VA 23185, in James City County. This well-established center boasts a strong tenant roster, with many businesses having occupied their spaces for over five years. A key feature is its proximity to a newly rebranded Harris Teeter grocery store, providing significant traffic and visibility. The center comprises ten units, currently featuring a mix of established businesses including Ace Hardware. Two vacant units present a unique opportunity for potential buyers. One is a 1,200-square-foot former salon space, and the other is a larger 8,450-square-foot space previously occupied by Rite Aid. This larger space offers a significant chance for owner-occupancy, combining personal use with the benefit of continued rental income from the other tenants. The asking price for this exceptional investment opportunity is $4,750,000, translating to $149.61 per square foot. McDonald's and PNC Bank occupy separately owned outparcels adjacent to the property, further enhancing the location's appeal and foot traffic. This property offers a compelling blend of established tenancy, strong location, and significant potential for future growth and value appreciation.