7449 Richmond RdWilliamsburg, VA 23188
- Other commercial real estate
- 1,350 SF
Property Details for 7449 Richmond Rd
- Year built
- 1959
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 1,350 SF
- Zone code
- B1 GENERAL BUSINESS
- Property type
- Other commercial real estate
- APN
- 23-2 02-A-0003
- APU
- 23202A0003
Description
This exceptional commercial property at 7449 Richmond Road, Williamsburg, VA 23188, presents a unique investment opportunity. The 1.1-acre lot boasts valuable road frontage on Richmond Road with convenient secondary access via Laurel Lane. The property includes a 1,550 square foot building, currently suitable for office use or potential residential conversion for on-site business operation. Additional structures include a 23 x 10 workshop building with a concrete floor and a 23 x 39 pole building, offering versatile space for various commercial needs. The property is zoned B-1, allowing for multiple business and commercial uses by right (a detailed list of permitted uses is available). This location offers easy access to both Williamsburg and Richmond, making it an ideal spot for a variety of businesses. The asking price is $500,000. The property and all improvements are sold "As Is." The significant acreage provides ample room for expansion, making this a truly compelling investment opportunity in a thriving area. This is a rare chance to acquire a versatile commercial property with significant potential in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $286,693
- Hospitality
- $262,609
- Educational
- $218,488
- Medical
- $226,002
- Retail
- $339,870
Location Insight
- City
- Williamsburg
- County
- James City
- State
- Virginia
- Latitude
- 37.3693
- Longitude
- -76.7725
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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