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223 17th St
Virginia Beach, VA 23451
Asking Price
$1.60M
Asset Type
Retail
Class
Class B
What's Special
Retail | 5,742 SqFt <ul><li>5,742 ± RSF building available for sale</li><li>Ideal for art gallery, indoor recreation, retail shops and business offices</li><li>Parking options include nearby on-street parking and the 20th Street parking garage currently being constructed</li><li>Zoned Oceanfront Resort District</li><li>Walking distance to the Vibe District and the new Atlantic Park development</li><li>Opportunity to customize space interior for your business</li><li>Lease Rate: $20.00/SF, NNN</li><li>Sale P
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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124
