2714 Jefferson Ave Newport News, VA 23607
This brand-new, 1,420-square-foot retail space is located on Jefferson Avenue in the vibrant Downtown Newport News submarket of the Peninsula. Situated on the first floor of a four-story, 2023-built mixed-use building, this single-tenant space offers a private bathroom and its own dedicated entrance, ensuring privacy and convenience. The property sits on a 0.797-acre lot and is zoned C1, providing flexibility for a variety of retail uses. The building itself is a modern structure, offering a contemporary aesthetic. Utilities are tenant-responsible, including electricity, water, and sewer. The address is 2714 Jefferson Ave, Newport News, VA 23607, conveniently located near the intersection of Jefferson Avenue and 28th Street. This prime location within the Downtown Newport News submarket offers excellent visibility and accessibility for customers. The property's Assessed Parcel Number (APN) is 306.03-03-09. This exceptional opportunity presents a chance to establish a thriving business in a rapidly developing area. The space is currently vacant and ready for immediate occupancy. This is an ideal location for businesses seeking high foot traffic and a strong presence in the heart of Newport News.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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