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Two-Story Office Building
For Sale
$184,950
Pending

701 W Broadway, Hopewell, VA 23860

CommercialSale, Hopewell, VA

Property Size2,080 SF
Days on Market52

Property Features for 701 W Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description B2
Parking 4
Accessibility Accessible Approach with Ramp
Lot features Level
Subdivision 56 - Hopewell
Standard status Pending
APN 030-1505

Taxes and HOA fees

Tax Description PT LOT 11 BLK 37 SUBDIVISION: DAY
Legal Description PT LOT 11 BLK 37 SUBDIVISION: DAY

Utilities

Sewer type Public Sewer
Heating system Zoned, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 2
Roof type Flat, Rubber
Listing Agency: EXP Realty, LLC
Listed By: Jackie Butterworth · License #0225100128
Added: Jul 3 Changed: Aug 19 Last Checked: Aug 23 at 1:06AM
MLS# 2618166

Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 701 W Broadway in Hopewell, Virginia, this 2,080+/- square-foot office building occupies a corner lot and spans two stories. The first floor combines reception space, two private offices with built-in cabinetry, a break room, IT closet, storage, restroom, and a private rear entrance. Upstairs are multiple office areas, a large open workspace, floor-to-ceiling shelving, natural light, and a second restroom.

The property includes four off-street parking spaces and additional on-street parking along the main and side streets. B-2 zoning supports professional, administrative, and service-based business uses as described in the source information. Exterior improvements include Dryvit siding, newer windows, and a rubber roof installed in May 2025. Interior updates completed in 2020 include carpet, LVP flooring, and paint; the two-zone central A/C and gas heat were also replaced that year. Public water and sewer serve the property, and an accessible approach with ramp is provided.

Key Highlights

  • 2,080+/- square‑foot, two‑story office building at 701 W Broadway, Hopewell, VA 23860
  • Flexible B‑2 zoning for professional, administrative, or service‑based businesses
  • Four off‑street parking spaces plus on‑street parking along the main and side streets

Property Analytics

Current Use

Parr & Abernathy Realty, ... Real Estate Agency Real Estate in Prince ... Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Storage Facility Catering Service

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

731
Businesses Nearby

Demographics for 23860, VA

32,139
Population
12,254
Households
2.6
Avg Household Size
39
Median Age
14%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$55,104
Median Household Income
$36,663
Median Earnings
$1,103
Median Rent
$187,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Corner-lot office property with flexible B-2 zoning, updated systems, and a mix of private offices and open work areas.
Where is this office building located?
The property is located at 701 W Broadway Hopewell, VA.
What is the asking price?
The asking price for this property is $184,950.
What are key features of this property?
This property features: 2,080+/- square‑foot, two‑story office building at 701 W Broadway, Hopewell, VA 23860; Flexible B‑2 zoning for professional, administrative, or service‑based businesses; Four off‑street parking spaces plus on‑street parking along the main and side streets
More about this property
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