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    3112 Chestnut Ave Newport News, VA 23607

    For Sale
    $325,000

    Purchase,Commercial/Industrial - Newport News, VA

    Property size:
    2,113 SF
    Lot size:
    0.06 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 3112 Chestnut Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    Size
    2,113 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1962
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Brick
    Roof type
    Tar/Gravel
    Architectural style
    Other

    Liz Moore & Associates (757) 873-2707 [email protected]

    Listing agent Sharon Crowder (757) 873-2707

    Listing date Oct 17, 2025

    MLS# 10555410 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

    Move-in Ready Commercial Gem

    This commercial property offers a move-in ready space designed to impress. The property features seven suites, including five private and two open-concept spaces, each furnished with salon chairs, sinks, and most with flat-screen TVs. High-end finishes are present throughout, including designer lighting, stylish fixtures, and elegant decor. The property also includes three bathrooms, a dedicated pedicure station, and a fully equipped laundry room. Major upgrades have been completed, including new electrical, plumbing, windows, and HVAC systems. Located in a thriving commercial corridor, the property offers visibility and convenient access to highways, shopping, and public transit. The property is zoned C1 and has a lot size of 0.06 acres. The property size is 2113 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.408791
    Latitude
    36.991707

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    FAQs

    What type of property is this?
    Retail space - Stunning commercial property with high-end finishes in thriving location.
    Where is this retail space located?
    The property is located at 3112 Chestnut Ave Newport News, VA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Move-in ready commercial property featuring seven furnished salon suites (five private, two open-concept) with salon chairs, sinks, and flat-screen TVs.; - Prime location in a thriving commercial corridor offering excellent visibility and convenient access to highways, shopping, and public transit.; - Major upgrades completed: new electrical, plumbing, windows, and HVAC.
    (757) 873-2707
    Request Owner's contact information
    3112 Chestnut Ave Newport News, VA 23607
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    Newport News, VA 23607
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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
    3112 Chestnut Ave Newport News, VA 23607
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