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Storefront Property with Curb-Cut Access
For Sale
$350,000

179 East Washington Street, Suffolk, VA 23434

1940 construction and CBU zoning support retail, office, restaurant, or mixed-use redevelopment concepts.

Property SizeContact for details
Days on Market59

Property Features for 179 East Washington Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Norfolk
Listed By: Jeff Parker, CCIM · License #0225054798
Source: Cbre
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 5:43PM

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 CBRE - Norfolk

Investment Insights

Based on property information with market context.

Constructed in 1940, this storefront property occupies a ±0.26-acre site containing 11,509 SF. The building offers a basis for retail, office, restaurant, or mixed-use redevelopment, with historic tax credit redevelopment identified as a potential strategy.

The property fronts East Washington Street in Suffolk and includes direct curb-cut access. Central Business (CBU) zoning provides for flexible retail, office, and mixed-use applications. The site’s existing storefront configuration and Washington Street frontage support consideration of boutique retail, restaurant, or broader repositioning concepts.

Key Highlights

  • ±0.26‑acre (11,509 SF) site
  • 1940 construction
  • Central Business (CBU) zoning

Property Analytics

Current Use

B. D. Laderberg ... General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store

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

883
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Bank of America Shops & Services
4,041 visits/mo 0.3 miles
Wells Fargo Shops & Services
3,510 visits/mo 0.2 miles
Truist Shops & Services
3,430 visits/mo 0.2 miles
Sunoco Shops & Services
2,254 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
883 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • M & M Silk Flowers 113 Hall Ave, Suffolk, VA 23434
  • Blessed Hands 150 W Washington St #E, Suffolk, VA 23434
  • Ruth's Roses Florist Suffolk, VA 23434
  • 757FlowerShop 119 W Washington St, Suffolk, VA 23434

Frequently Asked Questions

What type of property is this?
Storefront property - 1940 construction and CBU zoning support retail, office, restaurant, or mixed-use redevelopment concepts.
Where is this storefront property located?
The property is located at 179 East Washington Street Suffolk, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: ±0.26‑acre (11,509 SF) site; 1940 construction; Central Business (CBU) zoning
More about this property
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