536 Newtown Rd Virginia Beach, VA 23462-5638

This exceptional 2,566 square foot property, situated on a 0.65-acre lot in Virginia Beach, VA, presents a unique build-to-suit opportunity. Previously a bank branch, the single-story building features a three-lane drive-thru and ample parking (24 spaces). Located at the non-signalized intersection of Newtown Road and Edwards Drive, this highly visible site boasts excellent access and high traffic counts (39,000 VPD) on a four-lane road. The property benefits from its proximity to major thoroughfares (I-264 and I-64), Sentara Leigh Hospital, and Virginia Wesleyan University, as well as a newly constructed apartment complex with 268 units. The rectangular lot is zoned B-2 (Community Business), allowing for diverse uses including retail, restaurant, medical, and automotive. Built in 1986, the building is classified as Class B and offers great visibility enhanced by a pylon sign. Annual property taxes are $3.25 per square foot. This prime location offers significant potential for a variety of businesses seeking high visibility and convenient access in a thriving area.