604 W Washington Street

Stabilized downtown retail and office investment opportunity in the heart of Suffolk's Central Business District. 600–604 W Washington Street is a fully leased, 3,500 SF two-suite commercial property generating $56,616 in annual gross income with immediate cash flow. The property consists of two tenant suites: 600 W Washington (1,200 SF | $1,648/month) and 604 W Washington (2,300 SF | $3,070/month), offering a combined monthly income of $4,718. Built in 1938, the building features strong corner visibility and is situated within Suffolk's walkable commercial corridor, surrounded by legal services, government offices, insurance agencies, and financial institutions. Zoned CBD (Central Business District), the asset supports a variety of retail and professional office uses and benefits from downtown Suffolk's ongoing revitalization and growth. The flexible zoning and stabilized income stream make this an attractive acquisition for private investors, local investment groups, family offices, and 1031 exchange buyers seeking a turnkey neighborhood commercial asset with future rental upside. Asking Price: $754,880 | Cap Rate: 7.5% | Price Per SF: $215

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