0 Chesapeake Cir, Providence Forge, VA 23140

This commercial property is located at the intersection of Interstate 64 and Rt 155 in New Kent County, Virginia. The location is immediately off Interstate 64, directly across from the entrance to Colonial Downs Horse Track and Rosie’s Gaming Emporium, which were recently purchased by Churchill Downs. Colonial Downs/Rosie's averages just under 1000 visitors per day. The Brickshire Community, with over 3000 homes and ongoing construction, surrounds Colonial Downs. Tourism is a major draw to New Kent, with its race track, wineries, and golf courses. In 2022, visitors spent $29.9 million in New Kent, a 7% increase from 2021, with visitation growing by 3.6% to 17.5 million trips. The property is 25 minutes from both downtown Richmond and Williamsburg, VA. New Kent County is experiencing accelerated growth in both residential and commercial sectors, including retail, distribution, and industrial businesses, such as the Buc-ees Travel Center located one exit west on I64. Zoned Commercial/Tourism, the property allows for a variety of commercial uses oriented toward highway and tourism, including corporate, general offices, or regional services. Allowable uses include hotels, conference facilities, restaurants, and automobile/travel services, as well as retail, entertainment, and medical facilities. The property has been approved under a PUD and will be divided into parcels to fit individual business needs. Lot 1 is a 10.6-acre lot suitable for a hotel or sit-down restaurant, or it can be divided into smaller lots. Lot 2 is a 2-acre lot with road frontage on Rt 155. Lots 3 and 4 are 2 acres and 1.75 acres, respectively, with road frontage on Rt 155, and can be divided to fit business needs.