Office Building Near CNU
For Sale
Contact for pricing
12515 Warwick Blvd, Newport News, VA 23606
20,000 SF office building near CNU with redevelopment potential.
Property Size19,939 SF
Lot Size2.00 Acres
Price / SF$79.99
Days on Market1126
Property Features for 12515 Warwick Blvd
General Information
Standard status
Active
Size
19,939 SF
Class
C
Total Parking Spaces
65
Lot size
2.00 Acres
Property subtype
Office
Zoning
O-1 (OFFICE)
Building Details
Year Built
1980
Stories
3
Units
10
Listing Agency:
Howard Hanna Real Estate Services
Listed By:
JUDY FARRIS · License #225044127 VA
Source:
Crexi
Added: Aug 6, 2023
Changed: Aug 24
Last Checked: Sep 3 at 3:09AM
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 Howard Hanna Real Estate Services
Investment Insights
Based on property information with market context.
This is an approximately 20,000 square foot, three-story office building situated on almost 2 acres. The property is located near Christopher Newport University (CNU) in Hidenwood, with frontage on Warwick Boulevard. It occupies a corner parcel and features two curb cuts on a major thoroughfare with a daily traffic count exceeding 29,000 vehicles. The building contains two oversized first-floor suites, each with multiple interior restrooms. One of these suites was formerly a bank and includes a large walk-in safe. The second and third floors each house four large suites with multiple office spaces and private restrooms, as well as a hallway set of restrooms and maintenance/storage closets. Some demolition and renovation work has commenced. Certain suites were previously used for medical purposes. The building is currently 100% vacant. The property offers potential for apartment or condominium conversion, or the building could be razed for new construction. The building is suitable for various uses.
Key Highlights
- High‑traffic location on Warwick Blvd with over 29,000 daily traffic count.
- Large 20,000 sq. ft. office building on almost 2 acres.
- Corner parcel with two curb cuts.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
715
Businesses Nearby
Explore this area
Business Placement
Demographics for 23606, VA
31,684
Population
13,186
Households
2.4
Avg Household Size
33
Median Age
38%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
3,266
Density / Sq Mi
$69,921
Median Household Income
$38,647
Median Earnings
$1,327
Median Rent
$296,900
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - 20,000 SF office building near CNU with redevelopment potential.
Where is this office building 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: High‑traffic location on Warwick Blvd with over 29,000 daily traffic count.; Large 20,000 sq. ft. office building on almost 2 acres.; Corner parcel with two curb cuts.
