Commercial Property - 10606 Warwick Blvd, Newport News VA Broker Form

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

For Additional Information please call Phil Bonnie at Dudley Resources.

Office: (804) 709-1954, Cell: (757) 651-1729, or email pbonnie@dudleyresources.com

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SUMMARY OF TERMS AND CONDITIONS FOR THIS AUCTION EVENT

 Buyer’s Premium: 10% Buyers Premium added to the highest bid.Deposit Amount: At the Fall of the Hammer, the credit card used to register your account will be charged the initial deposit or escrow amount of $2500 or 10% of the high bid, if less than $2500. The remaining balance of the 10% buyer's premium is due within 3 days from the close of the auction; payable by cashier's check or bank wireBroker Co-op: Up to 1.5% of the high bid may be paid to a properly registered broker/agent at settlement.Closing: 30-day closing, As-Is, no contingencies.Agency Disclosure: Dudley Auctions is acting as auctioneer/agent and is agent for the seller only.Disclaimer: Information contained herein is believed to be correct to the best of Dudley Auctions’ knowledge, but it is the sole responsibility of each Bidder to inspect and verify all information pertaining to the property. This property is subject to sale prior to the auction event and may be withdrawn, modified, or cancelled at any time without notice. 

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