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    2500 E Washington St Suffolk, VA 23434

    For Lease
    $7,100,000

    Adaptable space with high ceilings, ample parking, and prime location.

    Property size:
    39,470 SF
    Lot size:
    9.13 Acres

    Property Features for 2500 E Washington St

    General Information

    Size
    39,470 SF
    Lot size
    9.13 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Tom Dana

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Retail and Office Space

    This property offers a combination of office and open retail space with easy access from Portsmouth Boulevard (460 Business) and Downtown. It features top-quality interior and exterior finishes and abundant parking. A large open area includes a 30-foot ceiling. The property is zoned RLM and encompasses 39,470 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Los pentecostales de ... Church Tabernacle Christian Church Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5525489
    Latitude
    36.7386533

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    FAQs

    What type of property is this?
    Retail space - Adaptable space with high ceilings, ample parking, and prime location.
    Where is this retail space located?
    The property is located at 2500 E Washington St Suffolk, VA.
    What are key features of this property?
    This property features: - Great location with easy access from Portsmouth Blvd (460) Business or Downtown; - Top quality interior and exterior finishes with abundant parking; - Combination of offices and open space
    (757) 718-2583
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    2500 E Washington St Suffolk, VA 23434
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    Suffolk, VA 23434
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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
    2500 E Washington St Suffolk, VA 23434
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