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

701 W Broadway, Hopewell, VA 23860

Well-maintained two-story office building with B-2 zoning, updated roof and HVAC, and flexible interior spaces for professional use.

Property Size2,080 SF
Days on Market29

Property Features for 701 W Broadway

General Information

Standard status Pending
Size 2,080 SF
Total Parking Spaces 4
Zoning B-2

Building Details

Buildings 1
Stories 2
Building Size 2,080 SF
Listing Agency: EXP Realty, LLC
Listed By: Jackie Butterworth · License #0225100128
Source: Exprealty
Added: Jul 3 Changed: Jul 30 Last Checked: Jul 31 at 11:40AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

Well-maintained two-story office building on a corner lot with flexible B-2 zoning. The building totals 2,080± SF and has operated as a boutique real estate office for nearly 39 years, with interior space designed to support professional, administrative, or service-based businesses.

Exterior updates include Dryvit siding, newer windows, and a new roof installed in May 2025. Interior improvements include new carpet, LVP flooring, and paint in 2020. HVAC and heat were updated in 2020 with a two-zone central A/C system and gas heat replacement.

The first floor features a reception area with safety glass, two private offices with built-in cabinetry, a spacious break room with cabinets and an IT closet, a storage room, a restroom, and a private rear entrance. The second floor includes a private office with floor-to-ceiling shelving, a large open workspace suitable for training or cubicles, a front office with natural light (suitable for an executive office or 4–5 cubicles), a flexible-use rear office, and an additional restroom. Parking includes 4 off-street spaces plus ample on-street parking along both the main and side streets.

Key Highlights

  • 2,080± SF two‑story office building on a corner lot with flexible B‑2 zoning
  • New roof installed May 2025; newer windows and Dryvit siding
  • Two‑zone central A/C and gas heat replacement completed in 2020

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained two-story office building with B-2 zoning, updated roof and HVAC, and flexible interior spaces for professional use.
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± SF two‑story office building on a corner lot with flexible B‑2 zoning; New roof installed May 2025; newer windows and Dryvit siding; Two‑zone central A/C and gas heat replacement completed in 2020
More about this property
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