Waterfront
Address
2007 Baltic AVE, Virginia Beach, VA
Price
$ 10,400,000
Property Attributes
  • MLS#10528253
  • TypeCommercial
  • CountyVIRGINIA BEACH CITY
  • CityVirginia Beach
  • AreaNortheast Virginia Beach
  • NeighborhoodBeach Borough
  • Zip23451
  • StyleCommercial/Industrial
  • Year Built2006
  • Taxes$ 59005
  • Price$ 10,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage29590
  • Lot Size0.445 Acres
Data Source:
Real Estate Information Network (REIN)
Property Description

An incredible investment opportunity only a few blocks to the beach & boardwalk & located right next to one of the largest & most highly anticipated developments at the VA Beach oceanfront, Atlantic Park. Atlantic Park will feature the 1st Wavegarden Cove wave pool in the US along with a large entertainment venue, retail shops & residential apartments. This portfolio consists of 12 fee-simple townhomes located within a POA, $65/mo. These units are all 3/4 bedroom 3 bath with most having 2 car garages. The property is located within the VB overlay district for short term rentals & should qualify if the buyer goes through the proper steps & process with the City of VB. Buyer shall conduct their own research & complete any & all due diligence at their sole expense.

General Features

Construction Frame
Heating Electric,Heat Pump,Zoned
Cooling Central Air,Zoned
Utilities City Sewer,City Water,Electric,Gas Avail
Ownership Type Simple
Use Type Other
Features Other
Roof Asphalt Shingle
Parking Garage,Lot,Off Street
Property Type Commercial/Industrial
Area 43 - Northeast Virginia Beach
Subdivision Name BEACH BOROUGH
Location Frontage,Major Arteries
Sub Type Purchase
Neighborhood Name BEACH BOROUGH

Interior Features

Flooring Type Carpet,Hardwood,Tile
Units Total Number 12

Exterior Features

Siding Brick,Vinyl
Foundation Slab
Garage Y/N Yes
Garage Square Feet 4590

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 23451

Price
AVG $2.46M
$10.4M
Taxes
AVG $32,967
$59,005
Visits
AVG 91
160
Data Provided by Inside Real Estate®
Year Built
AVG 1963
2006