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    530 Winston Salem Ave Virginia Beach, VA 23451

    For Lease
    Contact for pricing

    Prime waterfront retail space, multiple units available.

    Lot size:
    10,088 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Fisherman’s Wharf Marina, located at 530 Winston Salem Ave, Virginia Beach, VA 23451, presents a unique investment opportunity in the heart of the Shadowlawn neighborhood. This Class A retail property boasts a total of 10,088 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,895 square feet to a maximum contiguous space of 3,133 square feet. The property is ideally suited for food and beverage establishments or nightlife ventures, capitalizing on its prime waterfront location and proximity to Rudee Inlet, a historically successful restaurant area. The marina's location attracts both local residents and tourists from across the Eastern Seaboard. Ample parking is provided with 130 spaces available for patrons. This exceptional property offers unparalleled visibility and access to the water, creating an ideal setting for a thriving business. Situated in Princess Anne County, this opportunity promises high returns in a vibrant and sought-after location. The property's existing infrastructure and high-traffic location make it an attractive proposition for businesses seeking a strong foothold in the Virginia Beach market.

    Property Features for 530 Winston Salem Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,088 SF
    Class
    A

    Unit(s) available at that property

    Space
    First Floor Indoor
    Size
    2,860 SF
    Space
    Second Floor Enclosed Outdoor
    Size
    2,200 SF
    Space
    Second Floor Banquet Hall
    Size
    3,133 SF
    Space
    First Floor Outdoor
    Size
    1,895 SF

    HighLights

    • 10,088 SF Class A retail property at 530 Winston Salem Ave, Virginia Beach, VA 23451.
    • Fully vacant, available for lease; multiple tenant spaces from 1,895 SF to 3,133 SF contiguous.
    • Ideal for food & beverage or nightlife; prime waterfront location near Rudee Inlet.
    • 130 parking spaces; high visibility and water access.
    • High‑return investment opportunity in a vibrant, sought‑after location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Water Table Event Venue Risen Church Non-Denominational Church

    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
    Virginia Beach
    County
    Princess Anne
    State
    Virginia
    Longitude
    -75.976782
    Latitude
    36.831197

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    FAQs

    What type of property is this?
    Retail property - Prime waterfront retail space, multiple units available.
    Where is this retail property located?
    The property is located at 530 Winston Salem Ave Virginia Beach, VA.
    What are key features of this property?
    This property features: 10,088 SF Class A retail property at 530 Winston Salem Ave, Virginia Beach, VA 23451.; Fully vacant, available for lease; multiple tenant spaces from 1,895 SF to 3,133 SF contiguous.; Ideal for food & beverage or nightlife; prime waterfront location near Rudee Inlet.
    Request Owner's contact information
    530 Winston Salem Ave Virginia Beach, VA 23451
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    Virginia Beach, VA 23451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    530 Winston Salem Ave Virginia Beach, VA 23451
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