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

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.