1221 Poquoson AVE Poquoson, VA $ 1,700,000
1221 Poquoson AVE
$ 1,700,000
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1221 Poquoson AVE

Poquoson, VA, 23662
$ 1,700,000
Bedrooms-- Baths-- Sq 5,290

Monthly Estimate*

$ 11,741

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Commercial Property for sale in Poquoson, VA

for $1,700,000. This 5,290 square foot building was built in 1949 on a lot size of 2.08.

Rare opportunity to acquire a 13-unit income-producing property situated on 2.08 acres in the heart of Poquoson. The asset includes an 8-unit apartment complex, two duplex buildings (4 units), and one single-family cottage, offering a diversified unit mix and multiple income streams within a single acquisition. Offered at $1,995,000, this property provides scale, land, and long-term upside in a market with limited multifamily supply. The expansive parcel supports value-add potential through operational improvements, rent optimization, or future redevelopment strategies. Public water, sewer, and utilities are available. Strategically located along Poquoson Avenue with convenient access to major routes, employment centers, and daily amenities. Great for investors seeking a stable asset with land, unit density, and strong fundamentals in a resilient Hampton Roads submarket. Financials and additional details available upon request. Private tours by appointment only.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 6,671

Style

Commercial/Industrial

Lot Size

2.08

Year Built

1949

Town/City

Poquoson

County/Region

Poquoson City

MLS | Web ID

10613932

Features
General
Construction Concrete Renovated
Heating Electric Forced Hot Air Heat Pump
Cooling Central Air Heat Pump
Utilities City Sewer City Water Electric
Ownership Type Simple
Features Inside Storage Landscaped Lighting Priv Restrms
Roof Asphalt Shingle Other
Parking 1-25 Spcs Unpaved
Zoning R2
Property Type Commercial/Industrial
Area 111 - Poquoson
Subdivision Name ALL OTHERS AREA 111
Location Other
Sub Type Purchase
New Construction Y/N 0
Non Non Contingent
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Exterior
Siding Brick Other
Foundation Crawl Slab
Garage Y/N 0
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* Excluded Features
List By
Hea Joo Kim

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$12,297
Per Month
95%
5%
0%
Monthly Principal & Interest
$11,741
Monthly Property Taxes
$556
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
239339 Elementary School
239621 Middle School
Unknown High School High School

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1221 Poquoson AVE, Poquoson, VA, 23662 is a Commercial Property for sale at $1,700,000 with 5,290 sqft and a lot size of 2.08. 1221 Poquoson AVE was built in 1949. The property's zip code is 23662 which is in Poquoson, VA