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12515 Warwick Blvd Newport News, VA 23606

Sponsored
For Sale
$1,595,000

19,939 SF Office, Vacant, High Traffic

Property size:
19,939 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This 19,939-square-foot, three-story office building at 12515 Warwick Boulevard in Newport News, Virginia, presents a unique redevelopment opportunity. Situated on a 1.89-acre corner lot with high visibility and over 29,000 daily vehicle counts, the property boasts significant frontage on Warwick Boulevard. Currently vacant, the building features ten units, including two oversized first-floor suites (one a former bank with a large walk-in safe), and multiple second and third-floor suites with private restrooms. Some demolition and renovation work has already begun. The building, constructed in 1980, is classified as Class C and includes 65 parking spaces. Recent improvements include a roof replacement (2021), HVAC repairs/replacements (2019-2023), and partial window replacements (2021). The property is zoned O-1 (Office), offering potential for various uses, including apartment or condo conversion, renovation, or new construction. The asking price is $1,595,000, with a land value of approximately $1,231,700 per square foot. This prime location near Christopher Newport University in Hidenwood offers exceptional potential for investors and developers. The building's steel frame and masonry exterior are in average condition, with an effective age of 25 years.

Property Features for 12515 Warwick Blvd

General Information

Property type
Medical offices
Square Feet
19,939 SF
Class
C
Lot Size
82,328 SF

Building Details

Year Built
1980
Stories
3
Units
10

HighLights

  • 19,939 SF three‑story office building on a 1.89‑acre corner lot.
  • Vacant, multi‑tenant property with ten units, including two oversized first‑floor suites (one a former bank with a walk‑in safe).
  • Class C building, constructed in 1980, with a steel frame and masonry exterior; effective age 25 years.
  • 65 parking spaces (3.26 per 1,000 SF); Land‑to‑building ratio 4.13:1.
  • Recent improvements include roof replacement (2021), HVAC repairs/replacements (2019‑2023), and partial window replacements (2021); interior demolition/renovations begun in 2023.
  • High visibility location on Warwick Boulevard in Newport News, VA, with over 29,000 daily vehicle counts; O‑1 zoning allows for various uses.
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Newport News
County
Hampton City
State
Virginia
Longitude
-76.495857714301
Latitude
37.077594687952

FAQs

What type of property is this?
Medical office - 19,939 SF Office, Vacant, High Traffic
Where is this medical office located?
The property is located at 12515 Warwick Blvd Newport News, VA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 19,939 SF three-story office building on a 1.89-acre corner lot.; Vacant, multi-tenant property with ten units, including two oversized first-floor suites (one a former bank with a walk-in safe).; Class C building, constructed in 1980, with a steel frame and masonry exterior; effective age 25 years.
More about this property
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