321 Queen St Tappahannock, VA 22560
This exceptional commercial property at 321 Queen Street, Tappahannock, Virginia, presents a unique investment opportunity. Priced at $227,500, this 0.25-acre lot boasts a general commercial building currently occupied by a thriving retail tenant, ensuring immediate cash flow. The building's prime location at the corner of Main and Prince Streets guarantees high visibility and foot traffic, further enhanced by its proximity to a popular local burger restaurant. The property's inherent charm makes it an attractive retail space, ideal for both established businesses and new ventures seeking a strong foothold in the Tappahannock market. The current tenant provides a stable income stream, making this an excellent addition to any investment portfolio. This is a rare opportunity to acquire a well-situated, income-generating commercial property in a desirable location. The building's character and the strategic location combine to offer significant potential for long-term growth and profitability. The property is ready for immediate ownership, offering a seamless transition for the new owner. Don't miss this chance to secure a valuable asset in a thriving community. The asking price reflects a recent price improvement, making this an even more compelling investment.
-
Homeland Title Settlement Agency, LLC Title Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC1 · Tappahannock, VATappahannock. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.