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Suffolk Commercial Building For Sale
For Sale
$1,450,000

112 W Washington Street, Suffolk, VA 23434

Eight-story commercial building in downtown Suffolk, prime real estate.

Property Size23,594 SF
Lot Size0.09 Acres
Price / SF$61.46
Days on Market1429

Property Features for 112 W Washington Street

General Information

Standard status Active
Size 23,594 SF
Lot size 0.09 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1900
Listing Agency: Wainwright Real Estate
Listed By: Michele Slowey
Source: Exitrealty
Added: Sep 1, 2022 Changed: Jul 6 Last Checked: Jul 30 at 7:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wainwright Real Estate

Investment Insights

Based on property information with market context.

This eight-story commercial building is located in the heart of Suffolk, at the corner of Main and Washington Street. Situated in a trendy city, the property is considered prime real estate. The city offers tax incentives and grants for property upgrades. The property has a size of 23594 square feet.

Key Highlights

  • Prime real estate location at the corner of Main and Washington Street in downtown Suffolk.
  • Located in a trendy city with plans for downtown development.
  • Potential tax write‑off opportunity.

Property Analytics

Current Use

Tower 112, LLC Business Service Center Collins Jay N ... Physician New Beginning Family ... Medical Clinic Frank E Sheffer ... Accounting Firm +Plus Postal Post Office

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Building Supply Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

891
Businesses Nearby

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Eight-story commercial building in downtown Suffolk, prime real estate.
Where is this office building located?
The property is located at 112 W Washington Street 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.; Located in a trendy city with plans for downtown development.; Potential tax write‑off opportunity.
More about this property
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