112 W Washington Street, Suffolk, VA 23434
- Added:
- Aug 31, 2022
- Days on Market:
- 1384
- Last Refresh:
- Jun 14 at 3:06 pm
Property Features for 112 W Washington Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Standard status
- Active
- Size
- 23,594 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3773
Utilities
- Heating system
- Steam, Natural Gas, Hot Water(Heating)
- Cooling system
- Wall/Window Unit(s)
Building Details
- Year built
- 1900
Listing agent Michele Slowey (757) 495-1900
Listing office Wainwright Real Estate 4098 Foxwood Drive, Va. Beach, VA (757) 495-1900
Listing date Aug 31, 2022
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HighLights
- 8‑story commercial building on the corner of Main and Washington Street in Suffolk
- Heating includes hot water, steam, and natural gas
- Cooling: wall/window unit(s)
- Off‑street parking available
- Year built: 1900
- City tax incentives and grants for upgrades are mentioned for the property
Overview
Located at 112 W Washington Street, the building sits at the intersection of Main and Washington Street. With multiple plans underway for Downtown, the property is positioned as prime real estate in a growing, “trendy” city environment. The public remarks also highlight available tax incentives and grants that may support upgrades to the property, which can be meaningful for prospective owners evaluating renovation and repositioning.
For buyers seeking an office-based investment, this asset provides a solid platform to accommodate a range of office tenants seeking multi-level space in a central business area. It may also appeal to owner-occupants or investors looking to leverage downtown momentum and potentially offset improvement costs through the referenced incentive and grant programs. As a for-sale offering, it presents a straightforward opportunity to acquire a corner office building with long-term redevelopment potential in downtown Suffolk.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Suffolk
- County
- Suffolk
- State
- Virginia
- Longitude
- -76.583405
- Latitude
- 36.728447