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    1747-1811 George Washington Memorial Hwy Gloucester Point, VA 23062
    Property profile & analytics

    1747-1811 George Washington Memorial Hwy, Gloucester Point, VA 23062

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    • Retail properties & Spaces
    • 37,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1747-1811 George Washington Memorial Hwy

    Property type
    Retail properties & Spaces
    Property subtype
    Retail space

    Description

    The Point Shoppes, a 37,000 square foot Class C retail center in Gloucester County's Peninsula submarket, offers exceptional opportunities for businesses seeking high-visibility locations. Currently undergoing extensive renovations under new ownership, this single-story building boasts significant recent improvements, including a new roof and pump station, updated façade, replaced HVAC systems, and a freshly sealed and restriped parking lot. With ample parking and prime visibility from the heavily trafficked George Washington Memorial Highway (US 17), this center provides excellent exposure. Multiple suites are available, ranging from 1,315 to 6,754 contiguous square feet, with a total of 17,500 square feet currently vacant. The property features a strong existing tenant mix, including established businesses such as Taylor's Do-It Center, West Marine, and Eggheads, creating a vibrant and diverse retail environment. The center's location on US 17, near the cross street of Farmwood, ensures easy access and high traffic volume. This is an ideal opportunity to establish or expand your business in a thriving retail hub undergoing significant revitalization. The minimum divisible space is 1,315 square feet, making it suitable for a variety of businesses. The property is comprised of 21 total suites. Renovations completed in 2020 further enhance the property's appeal and functionality.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Gloucester Point
    County
    Gloucester
    State
    Virginia
    Longitude
    -76.4939
    Latitude
    37.2591
    More about this property
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