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    Turnkey Convenience Store Business Title is generated by Realmo AI

    13675 Warwick Boulevard, Newport News, VA 23602

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    Claim this Listing
    New
    For Sale
    $165,000

    COMMERCIAL - Newport News, VA

    Property size:
    1,600 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $103/SF
    Added:
    Jun 7, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 12 at 1:06 am

    Property Features for 13675 Warwick Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Size
    1,600 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3000

    Utilities

    Cooling system
    Central Air

    Building Details

    Roof type
    Shingle

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    Listing Contact
    Suzan Hama Bor

    Listing agent Suzan Hama Bor

    Listing office KW Allegiance Shoreline 5218 George Washington Mem Hwy Unit B, Yorktown, VA

    Listing date Jun 7, 2026

    MLS# 10638565

    Copyright © 2026 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.

    HighLights

    • Business‑only sale of an established convenience store with a sublease; no real estate included
    • Fully operational with EBT approval, alcohol and tobacco licenses, and a Virginia Lottery machine
    • Includes fast‑food preparation area and sales
    • Sale includes all furniture, fixtures, equipment, business goodwill, and inventory (excluding international food items)
    • Central air cooling, shingle roof, and garage parking

    Overview

    This offering is for an established convenience store business only, with a sublease in place and no real estate included. The operation is fully equipped for day-to-day retail and fast-food preparation and includes furniture, fixtures, equipment, business goodwill, and inventory, excluding international food items. The business includes a sales floor with a fast-food preparation area designed to support quick-service offerings. The space is listed at approximately 1,600 square feet.

    The store is described as being located in a high-traffic setting, supporting convenience-oriented retail needs. The business also carries active approvals and licensing, including EBT approval, alcohol and tobacco licenses, and a Virginia Lottery machine.

    For a buyer looking for a ready-to-run platform, this is positioned as turnkey at the business level, with the included equipment and licenses already in place. It is also structured as a business-only transaction, so prospective operators should plan for continuity under the existing sublease terms rather than acquiring the property itself.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $19.8k $12.36
    − Vacancy −$534 −$0.33
    EGI $19.2k $12.03
    − OpEx −$4.8k −$3.01
    NOI $14.4k $9.02
    1,600 SF · lease $12.36/SF/yr · vacancy 2.70% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $206.2K
    $180.4K – $240.5K (±1% cap)
    NOI $14,432 @ 7.0% cap · market cap 8.75%
    Second Best
    Retail
    $192.4K
    $168.4K – $224.5K (±1% cap)
    NOI $13,469 @ 7.0% cap · market cap 8.16%
    Theoretical Best
    Office A
    $339.8K
    $297.3K – $396.4K (±1% cap)
    NOI $23,786 @ 7.0% cap · market cap 14.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hispanic Chamber Of Commerce ... Business Service Center OG Deli Grocery & Convenience Store Yorgo Food Mart Grocery & Convenience Store Mane Attraction Hair Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • E Mart — 13276 Warwick Blvd, Newport News, VA 23602
    • International Food Market — Village Square Shopping Center, 13270 Warwick Blvd, Newport News, VA 23602

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News
    State
    Virginia
    Longitude
    -76.5258598
    Latitude
    37.1200039

    FAQs

    What type of property is this?
    Grocery and convenience store - Operational convenience store business sale with EBT approval, alcohol and tobacco licenses, and fast-food sales.
    Where is this grocery and convenience store located?
    The property is located at 13675 Warwick Boulevard Newport News, VA.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Business‑only sale of an established convenience store with a sublease; no real estate included; Fully operational with EBT approval, alcohol and tobacco licenses, and a Virginia Lottery machine; Includes fast‑food preparation area and sales
    More about this property
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