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Property profile & analytics
OFF-MARKET
Turn key restaurants

113 Hopewell St Hopewell, VA 23860-7806

1,225 SF 0.06 ac lot Built 1958
Trust Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-1778932
Property summary
AI-generated overview

Embrace a unique investment opportunity in Hopewell, VA, with this 1,225 sq ft commercial building situated on 113 Hopewell Street. Originally built in 1927, this property offers a captivating blend of history and potential. Currently zoned B1, it's ideally located within both the Hopewell Enterprise Zone and the Virginia Opportunity Zone, presenting significant tax advantages and incentives for the savvy investor. The building features a recently installed new roof, providing a solid foundation for your vision. Its previous life as a beloved local diner lends itself to a variety of uses, from restoring its nostalgic charm as a restaurant or cafГ© to transforming it into a modern office space, boutique retail store, or any other suitable commercial venture. The property's central location ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs and business owners seeking a unique and profitable venture. This is a rare chance to acquire a piece of Hopewell's history and shape its future. Don't miss this exceptional opportunity to capitalize on the benefits of the enterprise and opportunity zones while creating a thriving business in a vibrant community. The possibilities are truly endless.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction TYPE NOT SPECIFIED
Total area 1,225 SF
Lot 0.06 ac (2,500 SF)
Zoning code B1
APN 080-0150
UPID US87-1778932
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gerald And Ann Bosch Living Trust · 1 yrs held
Gerald And Ann Bosch Living Trust
since 2025
1 recorded transaction
2025
$120,000
Zoning & alternative use
B1 · Hopewell, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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