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    FOR SALE
    Commercial real estate

    54 Irvington Rd Kilmarnock, VA 22482

    30,320 SF Built 1950
    Property ID
    US87-2880856
    54 Irvington Rd, Kilmarnock, VA 22482 For Sale 1 / 42
    $725,000 30,320 SF
    54 Irvington Rd, Kilmarnock, VA 22482
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    AI-generated overview

    This exceptional 30,320 square foot commercial property located at 54 Irvington Road, Kilmarnock, Virginia, presents a significant redevelopment opportunity. Situated in the heart of the Steptoe District, the commercial hub of the Northern Neck and Lancaster County's largest incorporated town, this high-visibility site offers unparalleled potential. The property, built in 1950, experienced a fire in 2022 and is now available for purchase at $725,000. Its prominent location makes it ideal for a variety of commercial ventures, from retail spaces to restaurants. The property is zoned for commercial use and includes 11 parking spaces, with additional on-street and public parking available nearby on Augusta. Conveniently located 1.5 hours from Richmond, Williamsburg, and Norfolk, and 3 hours from Washington, D.C., this property boasts separate public water and sewer connections. The site features 220-volt power. This is a rare chance to acquire a substantial parcel in a thriving commercial area, perfect for developers seeking a high-impact project.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Total area 30,320 SF
    UPID US87-2880856
    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
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    54 Irvington Rd, Kilmarnock, VA, 22482
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