About This Home

This 0-bedroom, 0-bathroom other at 36326 LANKFORD Highway in Belle Haven, VA is listed for $4,600,000. Built in 1995, on a 11.47 acres lot.

Key Features

  • Built in 1995
  • 11.47 acre lot
  • 160 parking spaces

Property Details

160 spaces
1995

Amenities

A/C
Listing Description

Colonial Square is a well-established, income-producing office and retail complex occupying a commanding position on U.S. Route 13 - the primary commercial corridor of Virginia's Eastern Shore. Strategically situated in Belle Haven, Accomack County, this 40-unit complex offers an investor a rare opportunity to acquire a large-scale, multi-tenant asset with a diversified and stable rent roll in an underserved and growing coastal market.

The property is being offered at a 7.5% cap rate and is 99% occupied - home to tenants including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, Virginia Game and Fisheries Police Dept, and many more! Long-term owner/developer will leaseback and assist with a smooth transition to new ownership.

The subject parcel spans 11.47 acres and encompasses all improvements, comprising approximately 61,498 square feet of gross building area across a single-story, multi-building campus. The property is served by well and septic. The property enjoys frontage on three roadways: Lankford Highway (Route 13), Merry Cat Lane, and King Street, with two dedicated interior roadways - Arthurs Court and LeCato Road - providing on-site circulation and access.

Ample surface parking (100+ designated spaces) accommodates the property's diverse tenant mix. Capital improvements of over $519,000 have been invested across 2023-2025, reflecting the current owner's commitment to maintaining and enhancing the asset.

With consistent improvement year over year, the property is well-positioned for a new owner to benefit from stabilized, below-market rents and a captive, long-tenured tenant base. Interior video: Exterior video: *Rent Roll and additional financials are available to qualified buyers with a signed NDA. Please DO NOT DISTURB tenants! Tours can be scheduled with qualified buyers with submitted LOI*

Monthly Cost Estimate

$24,602/mo

20% down · 6.5% · 30 years

Principal$3,327
Interest$19,933
Insurance$1,342

Estimates only. Actual payments may vary.

Location

36326 LANKFORD Highway

Belle Haven, VA 23306

Property Details

Construction

Mixed

Parking

Parking Lot

Heating

Central

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom other at 36326 LANKFORD Highway is listed at $4,600,000. The estimated monthly payment is $24,602 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1995, 11.47 acre lot, 160 parking spaces.

This property is listed by Brent Miller.

BM

Brent Miller

Agent at SVN/Miller Commercial Real Estate

Listed by SVN/Miller Commercial Real Estate · Broker phone: (410) 543-2440 · Broker website

MLS# VAAC2002868· Source: Bright MLS· 165 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

36326 LANKFORD Highway, Belle Haven, VA 23306

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