12580 Jefferson Ave Newport News, VA 23602
- Commercial real estate
- 7,130 SF
- 1.65 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 12580 Jefferson Ave
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 1.65 lot acres
- Property size
- 7,130 SF
- Zone code
- M1
- Property type
- Commercial real estate
- APN
- 110000203
- APU
- 110000203
Description
This exceptional 7,078-square-foot former restaurant building presents a unique opportunity in Newport News, Virginia's desirable Patrick Henry submarket. Situated on a spacious 1.67-acre lot at 12580 Jefferson Avenue, zip code 23602, this Class A property boasts a single-tenant occupancy and is currently vacant, offering immediate possession. Built in 2003, the building features a single story design and a substantial 1000-amp power supply, making it adaptable to a variety of uses. The M-1 zoning allows for flexibility in potential redevelopment or repurposing. The property's location within a highly desirable retail corridor ensures high visibility and accessibility. Property taxes are $4.71 per square foot. This prime location offers significant potential for a savvy investor or business owner seeking a well-positioned space in a thriving market. The building's size and ample land provide considerable room for expansion or outdoor amenities. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Detailed property information and specifications are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.5136
- Latitude
- 37.1317
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
