9976 Jefferson AveNewport News, VA 23605

Property Details for 9976 Jefferson Ave

Year built

1999

Construction

FRAME

Lot size

1.84 AC

Property size (Sq ft)

13,905 SF

Zone code

C1

Property type

Commercial real estate

APN

263000302

APU

263000302

Description

This exceptional 13,905-square-foot retail space, formerly a Walgreens, presents a unique investment opportunity in the thriving Newport News, Virginia market. Located at 9976 Jefferson Ave, zip code 23605, this single-tenant property is ideally suited for a variety of medical-related businesses or other retail uses. The building's prime location ensures high visibility and accessibility, benefiting from significant foot traffic and convenient access to major roadways. The property's size allows for ample space to accommodate a wide range of operational needs. Its previous use as a Walgreens speaks to its established infrastructure and suitability for retail operations. The surrounding area boasts a strong concentration of established businesses, including major retailers such as Walmart, Food Lion, Dollar Tree, Roses, and CVS. Furthermore, the property benefits from proximity to a Walmart Neighborhood Center and numerous fast-food restaurants, convenience stores, and gas stations, including 7-Eleven and Wawa. This strategic location within a densely populated area guarantees a substantial customer base and significant potential for growth. The property is classified as Retail, Subtype Medical, and offers a single tenancy. This presents a rare opportunity to acquire a well-positioned, sizable retail space in a high-traffic area of Newport News. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $3,199,304

  Hospitality

  $2,930,545

  Educational

  $2,438,179

  Medical

  $2,522,032

  Retail

  $3,792,723

Location Insight

City

Newport News

County

Newport News City

State

Virginia

Latitude

37.0378

Longitude

-76.4554

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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