Exceptional infill development opportunity at 3617 Chestnut Avenue, Newport News. This cleared, vacant approximately 0.18-acre parcel is located within the Chestnut Avenue Corridor Overlay District, offering strong potential for multifamily residential or commercial development, subject to City review and approval. The site is clear and positioned for a buyer to advance their development vision, with preliminary conversations with the city already completed. A compelling opportunity for builders, investors, and developers seeking a well-located site with flexible redevelopment potential. Buyer to perform all due diligence.
| MLS # | 10657052 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 20 |
| Listing Provided By | Iron Valley Real Estate HR | Jessenia Aponte |
| Zoning | C1 |
|---|---|
| Acreage | 0.18 |
| Water Front | Not Waterfront |
| Building(s) | None |
|---|---|
| Fence Yn | 0 |
| Fence Description | None |
| Road Frontage | City / County |
|---|---|
| Road Surface | Paved |
| Utilities | City Water |
|---|
| Improvements | None |
|---|
| Property | 896 |
|---|
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23607 |
| Area | 106 Newport News South |
| Community Name | ALL OTHERS AREA 106 |
| School District | Heritage |
| Elementary School | Carver Elementary |
| High School | Heritage |
| Listing VS Median (in ALL OTHERS AREA 106) | |
Price: $75,000 low | high Med: $217,950 On site: 20 low | high Med: 38 | |
| State | VA |
|---|---|
| County | Newport News VA |
| City | Newport News |
| Zip Code | 23607 |
| Area | 106 Newport News South |
| Community Name | ALL OTHERS AREA 106 |
| School District | Heritage |
| Elementary School | Carver Elementary |
| High School | Heritage |
| Listing VS Median (in ALL OTHERS AREA 106) | |
Price: $75,000 low | high Med: $217,950 On site: 20 low | high Med: 38 | |