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Multi-Tenant Office and Retail Complex

36326 Lankford Hwy Belle Haven, VA 23306

36326 Lankford Hwy, Belle Haven, VA, 23306
$4,600,000
For Sale
$4,600,000

Colonial Square is a 40-unit office and retail complex built with masonry/metal construction and modified gross leases for utilities.

Days on Market65

Property Features for 36326 Lankford Hwy

General Information

Standard status
Active
Property subtype
Office

Building Details

Year Built
1995
Listing agency SVN | Miller Commercial Real Estate Salisbury
Listed by Brent C. Miller, CCIM, CPM · License #666318
Source Svnmiller
Added: May 19 Updated: Jul 22 at 12:37PM Checked: Jul 22 at 12:37PM

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 SVN | Miller Commercial Real Estate Salisbury


Investment Insights

Based on property information with market context.

Colonial Square is a 40-unit, income-producing office and retail complex built with masonry frame and metal construction, featuring vinyl and metal exterior walls and a poured concrete slab foundation. The property’s roofing system includes asphalt shingle, metal, and built-up materials, and documented capital improvements total more than $519,000 across recent years. Occupied units operate under modified gross leases, with tenants responsible for individually metered utilities.

The complex occupies a commanding position on U.S. Route 13, described as the primary commercial corridor of Virginia’s Eastern Shore, in Belle Haven within Accomack County.

Tenancy includes a mix of office and retail users, with examples cited in the materials including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and the Virginia Game and Fisheries Police Dept.

Key Highlights

  • 40‑unit office and retail complex on U.S. Route 13 in Belle Haven, Accomack County, Virginia
  • 99% occupied with tenants including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and VA Game and Fisheries Police Dept
  • Offered at a 7.5% cap rate with a diversified tenant mix across government, healthcare, professional services, retail, and more

Property Analytics

Location Intelligence

Current Use by Public Records

LECATO INTERIORS INC General Contractor

Suggested Use

Plumbing Service Auto Parts Store Garden Center Grocery & Convenience Store Carpet & Flooring Store Kitchen & Bath Showroom Barber Shop HVAC Service Auto Repair Shop Nail Salon

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

FAQs

What type of property is this?
Office building - Colonial Square is a 40-unit office and retail complex built with masonry/metal construction and modified gross leases for utilities.
Where is this office building located?
The property is located at 36326 Lankford Hwy Belle Haven, VA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 40‑unit office and retail complex on U.S. Route 13 in Belle Haven, Accomack County, Virginia; 99% occupied with tenants including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and VA Game and Fisheries Police Dept; Offered at a 7.5% cap rate with a diversified tenant mix across government, healthcare, professional services, retail, and more
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