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Résumé analytique

Stabilized downtown retail and office investment opportunity in the heart of Suffolk's Central Business District. 600–604 W Washington Street is a fully leased, 3,500 SF two-suite commercial property generating $56,616 in annual gross income with immediate cash flow.
The property consists of two tenant suites: 600 W Washington (1,200 SF | $1,648/month) and 604 W Washington (2,300 SF | $3,070/month), offering a combined monthly income of $4,718. The leases are NNN with the landlord obligation being the roof and exterior walls. Built in 1938, the building features strong corner visibility and is situated within Suffolk's walkable commercial corridor, surrounded by legal services, government offices, insurance agencies, and financial institutions.
Zoned CBD (Central Business District), the asset supports a variety of retail and professional office uses and benefits from downtown Suffolk's ongoing revitalization and growth. The flexible zoning and stabilized income stream make this an attractive acquisition for private investors, local investment groups, family offices, and 1031 exchange buyers seeking a turnkey neighborhood commercial asset with future rental upside.

Informations sur l’immeuble

Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
334 m²
Classe d’immeuble
C
Année de construction
1938
Prix
661 441 €
Prix par m²
1 977,69 €
Taux de capitalisation
7,50 %
RNE
49 608 €
Pourcentage loué
67 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,41
Surface du lot
0,08 ha
Zonage
CBD
Stationnement
12 places (35,88 places par 1 000 m² loué)
Façade
45 m sur Broad St

Caractéristiques

  • Ligne d’autobus
  • Signalisation

Disponibilité de l’espace

  • Espace
  • Surface
  • Type de bien
  • Poste
  • Disponible
  • 1er étage
  • 111 m²
  • Local commercial
  • -
  • Maintenant

Discover the perfect location for your business at 600 W Washington Street, nestled in the heart of downtown Suffolk. Around 1,200 square feet of versatile space, this property is ideal for a variety of business ventures, from retail to professional offices. Highly Visible Corner Location: Positioned on a bustling main street, your business will benefit from outstanding exposure and high foot traffic. Functional Layout: Includes two restrooms for convenience, and a dedicated office or conference space to support your operations. Parking: A shared parking lot located at the back of the building ensures easy access for employees and customers alike. This property offers not just a space, but an opportunity to thrive in Suffolk's growing downtown area. Whether you're establishing a new business or expanding an existing one.

Espace Surface Type de bien Poste Disponible
1er étage 111 m² Local commercial - Maintenant

1er étage

Surface
111 m²
Type de bien
Local commercial
Poste
-
Disponible
Maintenant

1er étage

Surface 111 m²
Type de bien Local commercial
Poste -
Disponible Maintenant

Discover the perfect location for your business at 600 W Washington Street, nestled in the heart of downtown Suffolk. Around 1,200 square feet of versatile space, this property is ideal for a variety of business ventures, from retail to professional offices. Highly Visible Corner Location: Positioned on a bustling main street, your business will benefit from outstanding exposure and high foot traffic. Functional Layout: Includes two restrooms for convenience, and a dedicated office or conference space to support your operations. Parking: A shared parking lot located at the back of the building ensures easy access for employees and customers alike. This property offers not just a space, but an opportunity to thrive in Suffolk's growing downtown area. Whether you're establishing a new business or expanding an existing one.

Assez praticable à pied
40/100
Exceptionnellement adapté aux voitures
100/100
Assez praticable en vélo
30/100

Principaux commerces à proximité

Farmers Bank
Rent-A-Center
Bank of America
Southern Bank
Wells Fargo Advisors
Truist
Atlantic Union Bank
Cook Out

Taxes foncières

Taxes foncières

Numéro de parcelle
350639000
Évaluation du terrain
43 899 €
Évaluation des aménagements
130 119 €
Évaluation totale
174 017 €
  • ID de l’annonce: 41265856

  • Date de mise sur le marché: 13/07/2026

  • Dernière mise à jour:

  • Adresse: 600-604 W Washington St, Suffolk, VA 23434

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