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105 S First Colonial Rd
Virginia Beach, VA 23454 Northeast Virginia Beach

$320,000 USD

Light Distribution Condo For Sale  •  3,000 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 3,000 SF
  • Building Class C
  • Year Built 1984
  • Tenancy Multiple
  • Zoning I-1, APZ-1
10 Transit Score
50 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 116 Flex 3,000 SF $320,000 USD
  • Unit Size: 3,000 SF
  • Condo Use: Flex
  • Price: $320,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $106.67 USD
Description
Investment Opportunity – Fully Leased Commercial Property

Located in a highly visible and established business corridor, this investment property offers immediate cash flow with a long-term tenant already in place paying $2600 month + all utilities (Lease clause- 90 days canceltion notice).. Situated on South First Colonial Road, one of Virginia Beach's primary commercial thoroughfares, the property benefits from strong traffic counts, excellent accessibility, and proximity to major residential and commercial developments.

Key Features:

Stable income-producing asset
Established tenant in place
High-visibility location
Ample parking
Strong surrounding demographics
Convenient access to major roads and highways
Ideal for investors seeking passive income and long-term appreciation

This is an excellent opportunity to acquire a well-positioned commercial asset in one of Virginia Beach's most desirable business corridors. Financial information available upon request.

Sale Notes
Property is sold AS IS - Where it is! Buyers Agent will get paid 3%.

Major Tenants

Tenant SF Occupied Lease End Date
Affordable Renovations LLC
Devoted To Comfort Llc
Floor Magicians Inc
Hollteck Co
Jos Property Services Llc
RFI Properties LLC
Road Reapers
Rob Torrisi
Tidewater Import Car Service

Amenities

  • 24 Hour Access

Public Transportation

AirportDriveWalkDistance
Norfolk International 26 min - 15.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Valentin Fedorenco 646-306-8454 Akela llc
Valentin Fedorenco 646-306-8454 Akela llc