Fully Leased Multi-Tenant Retail Investment

For Sale

203 Richneck Road, Newport News, VA 23608

This Newport News property for sale is located at 203 Richneck Road. The current listed sale price for Fully Leased Multi-Tenant Retail Investment is $735,000. Fully Leased Multi-Tenant Retail Investment is situated on a lot that is 0.24 acre in size.

Contacts

broker
Martin Murden

S.L. Nusbaum Realty Co.

Property Details

  • Property Type Retail - Strip
  • Property Size 3,500 SF
  • Units 3
  • Lot Size 0.24 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 2, 2025
Approx. 0.24 acres of land containing an approx. 3,500 SF strip center located at 203 Richneck Road, Newport News, VA 23608203 Richneck Road is a well-positioned neighborhood strip center, offering 3,500 square feet of retail space. The property is anchored by a long-term tenants, featuring a barbershop (since 2003), a fully renovated Mexican restaurant and a newly established Latin Grocery Store. This presents a unique investment opportunity with minimal landlord responsibilities. The property is conveniently located right off of Jefferson Avenue, providing easy access to Interstate 64. 203 Richneck Road continues to serve as a vital part of the local community.
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Highlights

  • Building features pylon signage for maximum exposure along Richneck Road
  • Co-tenancy includes a variety of service/destination retail uses such as: Restaurant, Barber Shop and Specialty Grocery
  • Located near the busy intersection of Jefferson Avenue and Richneck Road producing 31,000 VPD (Vehicles Per Day)
  • 0.3 miles from Food Lion anchored Richneck Shopping Center
  • Positioned in a dense suburban and retail submarket

Getting around

  • 56/100

    Walk Score ®

  • 29/100

    Transit Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newport News, VA
  • Neighborhood Richland
  • Zip Code 23608
  • Market Richmond Tidewater

Points of Interest

  • Newport News Transportation Center

    2.00 miles

  • Kenny Station

    3.99 miles

  • Newport News

    9.76 miles

  • Shell

    0.03 miles

  • Mobil Neighborhood Market

    0.40 miles

  • Citgo

    0.51 miles

  • Windsor Park Exxon

    0.88 miles

  • 7-Eleven

    0.89 miles

  • Sunoco

    1.24 miles

  • Wawa

    1.35 miles

  • Exxon

    1.37 miles

  • Denbigh FF

    2.10 miles

  • Walmart 1773

    2.39 miles

  • Denbigh Fringe Parking

    1.48 miles

  • Cell Phone Lot for Newport News/Williamsburg International Airport

    1.63 miles

  • Economy Lot

    1.77 miles

  • Long Term Lot

    1.87 miles

  • Taxi-Cab Waiting Area

    1.89 miles

  • Premier Lot

    1.89 miles

  • Parking Garage

    1.89 miles

  • Camp parking area

    3.11 miles

  • PSU 305

    3.15 miles

  • Burger King

    0.07 miles

  • Domino's

    0.50 miles

  • Zaxby's

    0.57 miles

  • Hot Pot 757 & Korean BBQ Newport News

    0.62 miles

  • Thai Thara

    0.70 miles

  • Gus's New York Pizza

    0.70 miles

  • Waffle House

    0.85 miles

  • Yellow Submarine

    0.87 miles

  • Jing Jing Asian Restaurant

    0.97 miles

  • Sonic

    0.99 miles

  • Food Lion

    0.12 miles

  • American Freight

    1.23 miles

  • Ross

    1.52 miles

  • TJ Maxx

    1.55 miles

  • Trader Joe's

    1.64 miles

  • Big Lots

    1.67 miles

  • Kohl's

    1.73 miles

  • ALDI

    1.78 miles

  • El Viejo Jalisco

    1.90 miles

  • Farm Fresh International Market

    2.08 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Martin Murden

S.L. Nusbaum Realty Co.

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