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    112 W Washington St Suffolk, VA 23434

    For Sale
    $1,450,000

    Purchase,Commercial/Industrial - Suffolk, VA

    Property size:
    23,594 SF
    Lot size:
    0.09 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 112 W Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Off Street
    Interior features
    Fire Sprinkler Sys, Lighting, Public Restrms
    Size
    23,594 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas, Steam
    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1900
    Floors in Building
    8
    Flooring type
    Carpet, Tile
    Architectural style
    Other

    Wainwright Real Estate (757) 495-1900 [email protected]

    Listing agent Michele Slowey (757) 495-1900

    Listing date Sep 8, 2025

    MLS# 10454993 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Suffolk Commercial Building For Sale

    This eight-story commercial building is located in the heart of Suffolk, Virginia, at the corner of Main and Washington Street. The property, situated on a 0.09-acre lot, contains 23,594 square feet of space. The building is positioned in a downtown area with upcoming development plans. The property may qualify for city tax incentives and grants for upgrades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tower 112, LLC Business Center Collins Jay N ... Doctor New Beginning Family ... Mental Health Clinic Frank E Sheffer ... Accountant +Plus Postal Post Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5836033
    Latitude
    36.7285072

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    FAQs

    What type of property is this?
    Office building - Eight-story commercial building in downtown Suffolk, prime real estate opportunity.
    Where is this office building located?
    The property is located at 112 W Washington St Suffolk, VA.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime real estate location at the corner of Main and Washington Street in downtown Suffolk.; - Potential tax write-off opportunity.; - City tax incentives and grants available for property upgrades.
    (757) 495-1900
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 W Washington St Suffolk, VA 23434
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