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22976570
22976571

1640 Richmond Road, Williamsburg, VA 23185

TD
VA 0225030036
Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Listed by Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
$2,100,000
2009 days on market
Updated 45 days ago

1640 Richmond Road

Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,830
Occupancy 100%
Tenancy Single
Lease Type NNN
Acreage 1.500
Zoning B-2
Parking Spaces 118 spaces
Parking Per SqFt 24.43

Retail Investment Sale in Williamsburg

Marketing description

1640 Richmond Road presents a premier investment opportunity in one of Williamsburg’s most dynamic commercial corridors. Situated on a 1.5-acre parcel with B-2 zoning, the property features an ±4,830 SF building and an impressive 118 parking spaces, making it ideal for high-traffic restaurant or retail use. The site is currently operating as a restaurant with a lease in place through October 2029, providing immediate income security for investors. Positioned at a signalized intersection with monument signage, the property benefits from outstanding visibility and access, drawing from a population of over 79,000 within a 5-mile radius. Offered at $2,100,000 (below its assessed value of $2,428,000), this property combines strong tenant stability with prime location appeal in the heart of Williamsburg’s thriving retail market.

Investment highlights

  • ±4,830 Sf
  • 1.5 Acre Parcel
  • B-2 Zoning
  • 118 Parking Spaces
  • Operating Restaurant | Lease Runs Through 10/31/2029. Sign And Email Confidentiality Agreement For Lease Terms.
  • Prime Location | 40,262 Population Within 3-Mile Radius & 79,483 Population Within 5-Mile Radius
  • Signalized Intersection
  • Monument Signage
  • Sale Price: $2,100,000 (Assessed At $2,428,000)

Listing Contacts

TD
VA 0225030036
Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Listed by Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia

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