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Medical Office
Property Description
Outstanding investment opportunity in the heart of Newport News! This 17,840 sq. ft. medical office building features three fully leased units, providing immediate and stable income. Strategically located in a highly visible and easily accessible area, the property is surrounded by established businesses, medical providers, and retail amenities. With strong tenancy in place and professional curb appeal, this property offers investors a turnkey, income-producing asset in a thriving corridor. Ideal for those seeking a reliable commercial investment in a prime location.
Full Address: 401 Oyster Point Road, Newport News, VA 23602
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Zoning: C1
Region: E-ME
Use Type: medical office
Property ID: 4088830
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Building Sf: 17840
Parcel Num: 150-000-123
Number Units: 3
Number Buildings: 1
Year Built: 1990
Free Standing: Yes
Cap Rate: 6.43
Tenancy Type: Multi-Tenant