1.3 Highly Visible Acres | General Business 1617-1621 Merrimac Trl Terrain Vente aux enchères en ligne Williamsburg, VA 23185

Compana Waltz Commercial Real Estate West proudly presents the commercial development opportunity in a retail/ business corridor in the heart of Williamsburg at 1617-1621 Merrimac Trail. Comprising two lots totaling 1.3 acres, the subject site is highly visible with 273 feet of direct frontage along Merrimac Trail, which sees more than 16,000 vehicles passing daily. Zoned General Business, the 1.3-acre site can accommodate various commercial operations. These include, but are not limited to, a group home, an animal hospital, a meeting hall, a plant nursery, a school, a place of worship, a medical facility, a park or recreation facility, a grocery store, an office, a restaurant, and so much more.

The subject site is in a primary business/ retail corridor in the heart of Williamsburg, close to Route 199, Interstate 64, and Busch Corporate Office Park. It is next to a local self-storage facility and surrounded by residential neighborhoods. Across Merrimac Trail and Route 60 are hotels, local shops, restaurants, Busch Gardens Williamsburg amusement park, Riverside Hospital, and affluent households.

The 10-mile radius showcases strong demographics with an above-average household income of $101,659, a projected 1.1% population growth by 2029, and more than $2.9 billion annually generated in consumer spending. Of the 105,797 daytime employees, approximately 76,494 report to education and health services, leisure and hospitality, or trade, transportation, and utility realms.

The Norfolk Market extends from the upper North Carolina peninsula region up the Interstate 64 corridor to just south of Richmond. The Hampton Road sector attracts people due to its healthcare and educational institutions, culture and history, regional access, and affordable living. The region benefits from a diverse, highly skilled, educated workforce, with approximately 700,000 households and 1.8 million people. Approximately 30% have a bachelor’s degree or higher.

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