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Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Purchase
Listing Status Sold
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $25
Subdivision Avalon
MLS Listing ID 10518282
Sold Date 02/29/24
HOA Y/N No
Year Built 1930
Annual Tax Amount $3,952
Lot Size 0.500 Acres
Property Description
Awesome investment opportunity with endless potential in this mixed-use commercial property with fantastic exposure on the corner of Bainbridge Blvd. and Chesapeake Drive! This was once the 33rd Police Precinct of Chesapeake and comes with local nostalgia, including the restaurant/bar, its namesake. Currently 3 out of 4 units are occupied with functional businesses (convenience store, thrift store, and a restaurant). Each unit is metered separately, plenty of paved parking out front with potential for much more on the back. Current tenants can be long term or you can create your own vision in this building with TONS of drive by exposure! Drive by viewings at any time, please do not disturb the tenants or enter the property without an appointment. The possibilities are endless!
Location
State VA
County Chesapeake
Area 31 - Central Chesapeake
Zoning B2
Interior
Heating Other
Cooling Central Air, Other
Flooring Other, Tile, Vinyl
Exterior
Garage Off Street, Paved, 1-25 Spcs
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Other
Building
Story 1.0000
Foundation Slab
Others
Senior Community No
Ownership Simple
Disclosures Disclosure Statement
Special Listing Condition Disclosure Statement
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Bought with EXP Realty LLC