1120 First Colonial RdVirginia Beach, VA 23454

Property Details for 1120 First Colonial Rd

Year built

1970

Lot size

2.19 AC

Property size (Sq ft)

22,290 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional two-story medical office building, situated at 1120 First Colonial Road in Virginia Beach, VA, presents a compelling investment opportunity. The 22,290 square foot building, constructed in 1970, features a durable concrete, CMU block, brick, and steel structure. Occupancy currently stands at a strong 92.2%. The property sits on a generous 2.19-acre lot, offering ample space and parking for 129 vehicles. Its strategic location on a major medical corridor, in close proximity to Sentara Virginia Beach General Hospital, ensures excellent visibility and accessibility for both patients and medical professionals. The building is zoned O-2, Office, and its rectangular shape maximizes functionality. The asking price for this Class B property is $4,000,000. The APN is 24085474890000. This well-maintained building offers a significant return on investment in a thriving medical market. The property's size, location, and current occupancy make it an attractive prospect for both investors and healthcare providers seeking a well-established presence in Virginia Beach. The zip code is 23454.

Location Insight

City

Virginia Beach

County

Virginia Beach

State

Virginia

Latitude

36.8668

Longitude

-76.0289

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