This exceptional retail opportunity is located at 550 Oyster Point Road in Newport News, Virginia, within the highly desirable Warwick County. The property is a C-1 zoned neighborhood center totaling 14,220 square feet, currently housing multiple tenants. A single, vacant storefront of 2,790 square feet is immediately available, presenting a unique chance for a business to establish itself in a thriving commercial area. The building enjoys excellent visibility and accessibility, benefiting from its location within a well-established center alongside national brands such as Cold Stone Creamery and FedEx/Kinkos. This ensures high foot traffic and a strong customer base. The property's address is 550 Oyster Point Road, Newport News, VA 23602. The available space is part of a larger building, offering potential for synergy and collaboration with existing businesses. This is an ideal location for a variety of retail uses, given the high-traffic nature of the area and the presence of complementary businesses. The property's zoning designation is C-1, allowing for a range of retail possibilities. Serious inquiries are encouraged to explore this promising investment opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$3,176,979
Hospitality
$2,910,096
Educational
$2,421,166
Medical
$2,504,433
Retail
$3,766,258
Location Insight
City
Newport News
County
Newport News City
State
Virginia
Latitude
37.1048
Longitude
-76.4971
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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