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    Waterfront Boardwalk Retail Suites Title is generated by Realmo AI

    213 TAYLOR ST, Colonial Beach, VA 22443

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    New
    For Lease
    $1,295/Mo $12 SF/Yr (calc)

    Brand-new mixed-use retail with direct Potomac river exposure and dedicated outdoor seating along the downtown boardwalk.

    Type:Commercial
    Property size:
    1,200 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 4:45 am

    Property Features for 213 TAYLOR ST

    General Information

    Standard status
    Active
    Size
    1,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2026

    We can help!

    Listing Contact
    Michelle L Smith

    Listing agent Michelle L Smith License #0225267870

    Listing office Dixie Realtors, Inc. DBA RE/MAX Supercenter

    Listing date Jun 3, 2026

    Source Elliman

    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 Dixie Realtors, Inc. DBA RE/MAX Supercenter

    HighLights

    • Up to 1,200 SF of boardwalk‑front commercial space available in a brand‑new mixed‑use building (2 units with 600 SF each)
    • Direct Potomac river exposure with dedicated outdoor seating areas for each ground‑level unit
    • Downtown Colonial Beach boardwalk location with walkable access to the retail corridor
    • Build‑out is still to be completed, allowing flexibility to match your business needs
    • Mixed‑use building with luxury apartments above for year‑round on‑site foot traffic

    Overview

    Brand-new ground-level retail space is available as two separate 600 SF units within a mixed-use building with luxury apartments above. Each unit is configured for boardwalk-facing use and includes dedicated outdoor seating areas. Build-out is still to be completed, giving an incoming tenant flexibility to tailor improvements to their operating needs.

    The suites provide direct exposure to the Potomac Riverfront and sit on the Colonial Beach boardwalk in downtown, within a walkable area. The property’s placement is intended to support visibility from pedestrian traffic associated with a lively waterfront environment.

    These storefront suites are well suited for retailers and service operators that benefit from strong walk-up presence and outdoor customer seating. With two adjacent ground-level units available, there is also the option to operate as one larger footprint if desired, subject to the completion and configuration of the remaining build-out. The available space is positioned for concept flexibility, including food and beverage concepts, boutiques, cafés, and similar neighborhood-serving businesses that can leverage the boardwalk setting year-round.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Colonial Beach
    County
    Westmoreland
    State
    Virginia
    Longitude
    -76.9615356
    Latitude
    38.2522163

    Nearby Similar for Lease

    • $550/Mo

      Office Space in Colonial Beach

      Office space for lease in the heart of Colonial Beach.
      125 WILDER Avenue, COLONIAL BEACH, VA 22443
      View Details
    • $350/Mo

      Office Space in Colonial Beach

      Office space for lease in the heart of Colonial Beach.
      125 WILDER AVE, COLONIAL BEACH, VA 22443
      View Details
    • $1,295/Mo

      Boardwalk-Front Retail Storefronts

      Two new ground-level units offer Potomac river exposure, outdoor seating, and flexible build-out in a mixed-use setting.
      213 TAYLOR ST, COLONIAL BEACH, VA 22443
      View Details
    • $350/Mo
      110 SF

      Colonial Beach Office Space Available

      Office space for rent in Colonial Beach, Virginia.
      125 WILDER AVE 5C, Colonial Beach, VA 22443
      View Details

    FAQs

    What type of property is this?
    Storefront property - Brand-new mixed-use retail with direct Potomac river exposure and dedicated outdoor seating along the downtown boardwalk.
    Where is this storefront property located?
    The property is located at 213 TAYLOR ST Colonial Beach, VA.
    What is the lease rate?
    The lease rate is $1,295 /Mo.
    What are key features of this property?
    This property features: Up to 1,200 SF of boardwalk‑front commercial space available in a brand‑new mixed‑use building (2 units with 600 SF each); Direct Potomac river exposure with dedicated outdoor seating areas for each ground‑level unit; Downtown Colonial Beach boardwalk location with walkable access to the retail corridor
    (321) 292-1165
    We can help!
    Listing Contact
    Michelle L Smith
    Real Estate License ID: 0225267870
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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