120 W Washington ST, Suffolk, VA 23434

$274,900 Asking Price

6,000  sqft

Great opportunity to own nearly 6000 sq ft of prime mixed use commercial space in downtown Suffolk! The former home to Broadway Fashions features a wide open first floor spanning 3400 sq ft with a large double wide loading door to the rear and a half bath near the utility room. Full width hurricane grade roll down shutters protect to store front windows from the elements (this is a $20k upgrade!). The new high durability awning makes your investment stand out w/ terrific curb appeal. Zoned CBD (Central Business District) for mixed use. Potential for bakery, restaurant, bar, retail, office, loft apartments, and more! 2nd level has separate entrance to nearly 2600 sq ft of untouched opportunity! Possible grant money available through SBA and City of Suffolk Economic Development. Own 6000 sq ft of commercial space for less than $50/sq ft! This is 120, 122, 124 W Washington St all sold as one parcel!


Features & Amenities

Interior

Flooring:
Carpet,Concrete,Other
A/C:
Central Air,Other
Heating:
Forced Hot Air,Programmable Thermostat

Exterior

General:
Brick,Other
Parking:
Close to Mass Transit,Street

Construction

Roofing:
Other
General:
Block,Other, 2, Slab

Location

County:
Suffolk VA

Lot

Zoning:
CBD
Current Use:
Vacant

Utilities

Utilities:
City Sewer,City Water,Electric,Gas,Telephone Avail

Financial

NA Compensation:
3

This listing courtesy of:
1st Class Real Estate Mid-Atlantic, Jeff Lurie

About Suffolk, VA

Housing

Number of Units
38,092
Median Home Value
$273,088
Median Rent
$1,021

32.81% of housing units are renter occupied.

7.36% are vacant.

Commute

Car
78.84%
Public Transportation
0.28%
Walk to Work
0.77%
Work from Home
19.41%
Other
0.57%

The median travel time to work is 25 minutes.

People

Population
96,646
Median Age
39.50
Median Household Size
2.91

Education

High School
25.64%
Associate’s Degree
9.25%
Bachelor’s Degree
18.49%
Graduate Degree
12.13%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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