215 Atlantic Avenue
Virginia Beach, VA
C.B.M. Co. is offering for sale a premier oceanfront parcel located at 215 Atlantic Avenue, Virginia Beach, VA 23451. This rare opportunity includes a 150’ x 200’ oceanfront lot, currently home to the Schooner Inn.The property is at the southernmost point of the Virginia Beach resort area, bordered by the boardwalk and oceanfront to the east and the planned Rudee Park to the south and west. Favorable zoning allows for higher density redevelopment with minimal setbacks and height restrictions.Email [email protected] with questions or to set up a site tour.
Property Overview
• Location: 215 Atlantic Ave, Virginia Beach, VA 23451
• Parcel Size: 150' x 200'
• Current Use: Schooner Inn, 89 unit hotel built in 1972
See the Schooner Inn Booking Site for more information, property photo gallery, etc.
• Zoning: Oceanfront Resort District Zoning
- Allows for high density redevelopment
- Minimal setbacks
• PRIME REDEVELOPMENT OPPORTUNITY
Immediate Vicinity
• Direct access to Atlantic Ave, Virginia Beach Boardwalk, beach, and Atlantic Ocean
• Adjacent to future Rudee Park, an 8-acre city-owned redevelopment project, (more info: City of Virginia Beach - Rudee Park Project)
• Close to Rudee Inlet, jetty, Grommet Park, popular surfing area, private marinas, and fishing fleet
• Front-line access to Virginia Beach’s most prominent beach events, including festivals, concerts, surfing competitions, beach volleyball and sand soccer tournaments, monster truck events, and rodeos
Broader Resort Area
The property is close to many Virginia Beach tourist and economic development interests including:• Atlantic Park Development, a new $350MM surf park, entertainment, retail, and residential venue
• Virginia Beach Convention Center
• Virginia Beach Sports Center
• Ocean Breeze Fun Park
• Virginia Aquarium & Marine Science Center
Massing Study
A preliminary massing study was conducted by Cooper Carry Architects to illustrate the site’s potential for redevelopment. The output of the study noted preliminary feasibility to develop a hotel with the following characteristics:
• 275 Rooms
• 280 garaged parking spaces
• 7,000 sf food & beverage (ground level restaurant, roof-top venue)
• 16,500 sf amenities (indoor pool and roof-top resort space)DOWNLOAD THE FULL MASSING STUDY HERE
FLYBY VIDEO BELOW:
C.B.M. Co.
215 Atlantic Ave | Virginia Beach, VA
Email [email protected] with questions or to set up a site tour.