Smithfield VA Real Estate & Commercial for Sale

This one-story commercial building, located at 10606 Warwick Blvd in Newport News, VA, offers a total of 3,701 square feet of versatile space. Originally built in 1954 on a 0.15-acre lot, this property is zoned for commercial use (C1). Comprising three separate units, one of which is currently rented, this property offers a range of business opportunities. The third unit includes a warehouse with an attached garage port and a separate office room, adding to its flexibility. Each unit is separately metered and connected to public utilities for convenience. Situated within the Enterprise Zone, this property benefits from various incentives for business owners With its high visibility in a high-traffic area, approximately 27,000 cars pass by daily on average. Additionally, its convenient location, just three blocks from the water and close proximity to I-64, makes it an ideal spot for businesses seeking exposure and accessibility. It's worth noting that the lease on the currently rented unit is in place until December 1, 2024, presenting potential rental income for investors. Don't miss the chance to explore the potential of this commercial property in Newport News, VA Highlights: One-story commercial building with 3,701 sqft Zoned for commercial use (C1) Three units, one leased until Dec 1, 2024 Includes a warehouse, garage port, and office Separately metered and public utilities In the Enterprise Zone with incentives High visibility in high-traffic area (27,000 cars daily) Conveniently located near water and I-64 Strong investment potential Property is being sold as is via a live virtual auction, list price is just the opening bid. Seller reserves the right to accept or reject any and all offers. Online non-contingent sale ends February 23rd at 3 pm. Please visit auction website for all terms, property information and registration Highlights: One-story commercial building with 3,701 sqft Zoned for commercial use (C1) Three units, one leased until Dec 1, 2024 Includes a warehouse, garage port, and office Separately metered and public utilities In the Enterprise Zone with incentives High visibility in high-traffic area (27,000 cars daily) Conveniently located near water and I-64 Strong investment potential

The list Price is the Starting Bid, this is being sold to settle the Estate. Deposit to bid $10,000, in cash or guaranteed funds buyer premium applies, see website for terms and conditions. Next to this property and behind it is a 6.54-acre parcel zoned commercial to be offered for the same Estate.

This charming Korean BBQ Restaurant started in 2014 when the current owner converted a grocery market into restaurant. In a building with 3 units, 2 units were converted into the current luxurious restaurant, and the remining unit(1,070sf) was rented out separately. It is fully equipped with 110 seats, and has a separate party room and 14 BBQ Grills. The roof of the restaurant area was replaced 6 years ago, and the roof of the lease space area was replaced 2 years ago. There is lots of potential for new buyers. Don't miss this opportunity. One important thing is that it should not interfere with business under any circumstances. Please do not ask any questions to the employee or seller.

List Price Starting Bid - Deposit $20,000 in cash or guaranteed funds at the time of the auction, buyers premium applies see terms and conditions at the website. Addition 400 sq. ft. building on the property possible office or storage. Zoning allows for a variety of uses. Being sold to Settle the Estate