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Property profile & analytics

201 Washington St Suffolk, VA 23434

  • Commercial real estate
  • 1,375 SF
  • 0.10 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-2341250
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 201 Washington St

Year built
1915
Lot size
0.10 lot acres
Property size
1,375 SF
Zone code
CENTRAL BUSINESS
Property type
Commercial real estate
APN
34G18(A)*227
APU
34G18A227

Description

This exceptional commercial property, located at 201 E Washington Street in the heart of downtown Suffolk, Virginia, presents a unique opportunity for businesses seeking a vibrant and convenient location. Situated on a 0.37-acre lot, the property offers a substantial amount of interior space, ideal for a variety of commercial uses. The building's prime downtown location provides easy access to a wealth of amenities, including numerous restaurants, a local brewery, various retail establishments, the courthouse, and other government buildings. This ensures high visibility and convenient access for both employees and customers. The property also includes additional space in the rear, perfect for storage or expansion, offering flexibility to accommodate growing business needs. The asking price is $11 million. This is a rare opportunity to establish or expand a business in a thriving downtown area with excellent infrastructure and a strong community presence. The property's central location and ample space make it an attractive proposition for a wide range of commercial ventures. Serious inquiries are encouraged to explore this exceptional opportunity further. Further details regarding the exact square footage are available upon request.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Suffolk
County
Suffolk City
State
Virginia
Longitude
-76.5808
Latitude
36.7272
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$602
$39,000
$393,800
$432,800
-
$39,000
$393,800
$432,800
More about this property
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