625 Independence Chesapeake, VA $ 3,500,000
625 Independence
$ 3,500,000
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625 Independence

Chesapeake, VA, 23320
$ 3,500,000
Bedrooms-- Baths0.0 Sq 7,700

Monthly Estimate*

$ 20,704

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Commercial Property for sale in Chesapeake, VA

for $3,500,000. This 7,700 square foot building was built in 2017 on a lot size of 2.35 Acre(s).

Excellent opportunity in a "Top Shelf" venues property. Almost new structure with impressive aesthetics, great flow throughout the building, options for full building events or single side events. Weddings, banquets, conferences, networking /fundraising events. One side seats up to 250 guests, with hardwood flooring, airlift stage, more. Second side fits as many as 150 guests. Layout allows for events in large foyer, and allows fluid movements between or "as part" of same event throughout the building. Also featured are outdoor areas for receptions, outdoor weddings, etc. Current lease is paying $14, 000 mo plus NNN; resulting in excellent NOI for an owner. Conveniently located near I-64, and the Greenbrier area, which Wall Street Journal once dubbed as the "Hub of Hampton Roads"~

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 21,618

Style

Other / Unknown

Lot Size

2.35 Acre(s)

Year Built

2017

Town/City

Chesapeake

County/Region

Chesapeake City

MLS | Web ID

10447214

Features
Interior
Building Amenities Storage
Flooring Hardwood Floors Tile Flooring
Heating System Electric
Sewer City Sewer
Water Source City Water
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Exterior
Construction Concrete
Exterior Landscaped
Foundation Slab
Parking 100+ Parking Spaces
Roof Other
Siding Brick
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Miscellaneous
Accessibility Accessibility Features Bath Features/Modifications No Step Entry Single Level Living
Commercial Kitchenette Restroom(s) Sprinkler System
Location Business District
Utilities 440 Volts Electric
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* Excluded Features
List By
Jimmy Reece

Listing Agent

The Real Estate Group

Broker

gary@realestategrp.com

Email

Affordability Calculator

$22,505
Per Month
92%
8%
0%
Monthly Principal & Interest
$20,704
Monthly Property Taxes
$1,802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.875% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
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625 Independence , Chesapeake, VA, 23320 is a Commercial Property for sale at $3,500,000 with 7,700 sqft and a lot size of 2.35 Acre(s). 625 Independence has 0.0 baths and was built in 2017. The property's zip code is 23320 which is in Chesapeake, VA