Property summary
This exceptional investment opportunity encompasses two commercial properties situated on Anderson Highway in the thriving Powhatan, Virginia retail submarket. The offering includes two parcels totaling approximately 2.12 acres. One parcel, located at 1346 Anderson Highway, features a 3,600 square foot automotive shop building situated on 1.12 acres. The second parcel, at 1348 Anderson Highway, houses a 2,925 square foot occupied building on 1 acre. Both properties benefit from high daily traffic counts on Anderson Highway, providing excellent visibility and accessibility. The location offers convenient access to Route 288 and Westchester Commons, further enhancing its appeal. The property also presents the opportunity for pylon signage, maximizing marketing potential. This is a rare chance to acquire a well-positioned retail investment in a rapidly growing area. The asking price for both properties is $1,700,000. This represents a compelling investment opportunity in a prime Powhatan location. The properties are located in Powhatan County, Virginia, zip code 23139.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Powhatan, VAZoning
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Zoning designation
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