835 Capitol Landing Rd Williamsburg, VA 23185

This 2,416 square foot retail property, located at 835 Capitol Landing Rd, Williamsburg, VA 23185, presents a unique redevelopment opportunity. Built in 1955 and renovated in 2019, this single-story, Class B building sits on a 1-acre lot (APN: 3120.752.035) and is zoned B4. Currently configured as a restaurant and convenience store, it offers significant flexibility for conversion to office space or other retail uses. The property is being sold "as is" fee simple, with an asking price of $600,000 ($248.34/sq ft). Its prime location on Capitol Landing Road, considered the "Gateway to Williamsburg," places it within the Culinary Arts and Hospitality District and a designated Opportunity Zone, providing access to various investment incentives. The property benefits from its proximity to a planned 235-unit apartment/townhouse development within one mile. The business is currently closed, and tours are available by appointment only. The occupancy date is September 14, 2023. This presents a compelling investment opportunity in a rapidly developing area.