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Mixed-Use Building with Office Space
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158 W Washington St, Suffolk, VA 23434

Two-story mixed-use building with office space and apartments for rent.

Space Size2,932 SF
Property Size5,640 SF
Days on Market676

Property Features for 158 W Washington St

General Information

Standard status Active
Size 2,932 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 5,640 SF
Year Built 1915
Tenancy Single

Spaces For Lease

at 158 W Washington St Contact us

Available Space

Size
2,932 SF
Type
Office
Lease Type
NNN
Availability
Active
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Listing Agency: S.L. Nusbaum Realty Co
Listed By: Sam Rapoport · License #VA 0225220339
Source: Crexi
Added: Oct 3, 2024 Changed: Aug 8 Last Checked: Aug 9 at 11:23AM

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 S.L. Nusbaum Realty Co

Investment Insights

Based on property information with market context.

The property at 158-160 W. Washington Street is a two-story mixed-use building. The first floor offers 2,932 square feet of leasable professional office space. This space, previously occupied by Pender & Coward, P.C., includes multiple private offices, a conference room, a kitchenette, and multiple restrooms. The office space is ready for immediate occupancy. The second floor contains two apartment units that are currently leased, offering a potential owner-user the opportunity for additional income.

Key Highlights

  • 2,932 SF of leasable professional office space on the first floor.
  • Two apartment units on the second floor provide additional income.
  • First floor office space is ready for immediate occupancy.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Building Supply Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
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?
Mixed-use property - Two-story mixed-use building with office space and apartments for rent.
Where is this mixed-use property located?
The property is located at 158 W Washington St Suffolk, VA.
What is the lease rate?
The lease rate is $11.26 SF/Yr.
What are key features of this property?
This property features: 2,932 SF of leasable professional office space on the first floor.; Two apartment units on the second floor provide additional income.; First floor office space is ready for immediate occupancy.
(757) 627-8611 Call to check price and availability
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