Two-Story Mixed-Use Retail
For Sale
$1,290,000
200 E Washington St, Suffolk, VA 23434
Mixed-use property with retail space and 11 residential units across two two-story buildings.
Property Size18,000 SF
Lot Size0.24 Acres
Days on Market57
Property Features for 200 E Washington St
General Information
Standard status
Active
Size
18,000 SF
Lot size
0.24 Acres
Property subtype
Multifamily
Additional Details
Cap Rate
8.68%
Amenities
11 Units: A Mix of Retail Spaces, One- & Two-Bedrooms
8.68% Cap Rate
Mixed-Use Income Diversity
Transit Oriented & Access to Major Employers
Building Details
Building Size
18,000 SF
Year Built
1920
Year Renovated
2005
Stories
2
Units
11
Listing Agency:
Hampton Roads Office
Listed By:
Altay Uzun · License #License(s): VA: 0225214405
(202) 536-3719
Source:
Marcusmillichap
Added: Jul 11
Changed: Aug 8
Last Checked: Sep 5 at 3:48AM
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 Hampton Roads Office
Investment Insights
Based on property information with market context.
The property consists of two two-story buildings built in 1920 and renovated in 2005, totaling 11 units plus a dedicated retail space. The residential mix includes three one-bedroom, one-bath units, three two-bedroom, one-bath units, one two-bedroom, three-bath unit, and additional units as described in the offering summary.
The buildings sit on approximately 0.24 acres in Suffolk, VA.
For prospective investors or owner-occupiers seeking a combined income stream, the configuration supports both residential and retail uses within the same property footprint.
The buildings sit on approximately 0.24 acres in Suffolk, VA.
For prospective investors or owner-occupiers seeking a combined income stream, the configuration supports both residential and retail uses within the same property footprint.
Key Highlights
- Mixed‑use property with retail space and 11 residential units across two two‑story buildings
- Unit mix: three 1BD/1BA, three 2BD/1BA, one 2BD/3BA, plus one retail space
- Buildings built in 1920 and renovated in 2005
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Mixed-use property with retail space and 11 residential units across two two-story buildings.
Where is this apartment building located?
The property is located at 200 E Washington St Suffolk, VA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Mixed‑use property with retail space and 11 residential units across two two‑story buildings; Unit mix: three 1BD/1BA, three 2BD/1BA, one 2BD/3BA, plus one retail space; Buildings built in 1920 and renovated in 2005
