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Coastal Community Church LLC Acquires Williamsburg Pottery Property For $5.65 Million In Virginia

Property Image
SOLD
$5,650,000
Dawn F. Griggs
AD
Drew Haynie

Virginia

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Retail44,000 SF
Sold 02/18/2026
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Property Image
SOLD

Coastal Community Church LLC Acquires Williamsburg Pottery Property For $5.65 Million In Virginia

6692 Richmond Road

See Similar Deals
Retail44,000 SF
Sold 02/18/2026
Dawn F. Griggs
AD
Drew Haynie
the dealplayerscompscontact
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Summary

VIRGINIA
Asset Type:Retail
Price Per Square Foot:$128
Total Square Footage:44,000 SF
Transaction Type:Sale

The retail property involved in this transaction is located at 6692 Richmond Road, Williamsburg, VA. The asset consists of 44,000 square feet and was sold for $5,650,000, translating to a price per square foot of $128.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,650,000
  • Address: 6692 Richmond Road, Williamsburg, VA
  • Market: Williamsburg, VA
  • Square Footage: 44,000
  • Price per Square Foot: $128
  • Buyer: Coastal Community Church, LLC
  • Seller: Williamsburg Pottery Properties, LLC
  • Brokers: Andy Dallas, Dawn F. Griggs & Drew Haynie - Cushman & Wakefield

Coastal Community Church, LLC is planning renovations for the acquired property, which will include a 1,000-seat auditorium, classrooms, and offices. Williamsburg Pottery Properties, LLC was the seller in this transaction.

Players

Dawn F. Griggs
Cushman & Wakefield
Dawn F. Griggs
4 deals$10.8M volume
BROKER
AD
Cushman & Wakefield
Andy Dallas
2 deals$7.5M volume
BROKER
Drew Haynie
Marcus & Millichap
Drew Haynie
1 deal$5.7M volume(757) 532-8585
BROKER

Details

SOLD
IMAGE: 02/18/2026 ADDRESS: 6692 Richmond Road MARKET: Williamsburg, VA ASSET TYPE: Retail BUYER: Coastal Community Church, LLC SELLER: Williamsburg Pottery Properties, LLC BROKERS: Andy Dallas, Dawn F. Griggs & Drew Haynie - Cushman & Wakefield SALE PRICE: $5,650,000 SF: 44,000 ~ PPSF: $128 NOTE: Coastal Community Church, LLC acquired 44,000 sq. ft. of the Williamsburg Pottery property at 6692 Richmond Road, Building B, in Williamsburg, VA from Williamsburg Pottery Properties, LLC for $5.65 million, planning renovations for a 1,000-seat auditorium, classrooms, and offices.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$301,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,073.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,783.88
Annual Debt Service$321,406.59