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427 Freeman Ave

Chesapeake, VA 23324
  • $125,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: 10607003
UPDATED: 32 min ago
$125,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots

School Information

Elementary School:
Middle School:
High School:

Description

Prime opportunity in Chesapeakes South Norfolk/Money Point area! This property is zoned M-2 (Heavy Industrial), offering excellent potential for commercial or industrial use. The parcel is approx. 3,572 sq ft and well-situated with convenient access to major thoroughfares, ports, and interstates.Onsite is a 2-bedroom, 1-bath home (approx. 1,016 sq ft) that can provide immediate rental income, office space, or temporary use while future plans are developed. The structure is a bonus, but the true value lies in the land and its versatile zoning, making this a rare find for investors, business owners, or developers seeking expansion opportunities.Capitalize on a location with strong growth, flexible uses, and multiple options for maximizing value.

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www.seasiderealtyva.com/homes/169107350
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427 Freeman Ave Chesapeake, VA 23324

  • Price: $125,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 32 min ago
  • ID#: 10607003
0
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Money Point
Area:
31 - Central Chesapeake
Elementary School:
George W. Carver Intermediate
Middle School:
Oscar Smith Middle
High School:
Oscar Smith
Property Description
Prime opportunity in Chesapeakes South Norfolk/Money Point area! This property is zoned M-2 (Heavy Industrial), offering excellent potential for commercial or industrial use. The parcel is approx. 3,572 sq ft and well-situated with convenient access to major thoroughfares, ports, and interstates.Onsite is a 2-bedroom, 1-bath home (approx. 1,016 sq ft) that can provide immediate rental income, office space, or temporary use while future plans are developed. The structure is a bonus, but the true value lies in the land and its versatile zoning, making this a rare find for investors, business owners, or developers seeking expansion opportunities.Capitalize on a location with strong growth, flexible uses, and multiple options for maximizing value.
Exterior Features

Buildings Habitable Dwelling Fence Description Partial Fence YN Yes Improvements None Land Description InteriorLevel Lot Depth 120 Lot Dimensions 120 X 30 Lot Front 30 Lot Size Table Less Than 1/4 Acre Perc Test Table None Road Frontage City / County Road Surface Paved Tree Description None Waterfront Description Not Waterfront Waterfront YN No

Property Features

Contingency Exists Non Contingent Disclosure Disclosure Statement Owner Finance YN No Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 917 Use Possible CommercialIndustrial Utilities City SewerCity Water Zoning M2

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