Two-Story Mixed-Use
For Sale
$499,000
307 MASON AVE, Cape Charles, VA 23310
Commercial Sale, CAPE CHARLES, VA
Property Size4,920 SF
Price / SF$101.42
Days on Market133
Property Features for 307 MASON AVE
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
CAPE CHARLES INCORP.
Directions
Rt 13 to Cape Charles via rt 180. Turn left at entrance to town and follow along on Mason Ave. Commerciak building has a store called 23310. The building is on Mason Ave in Cape Charles next to Palace Theater.
Standard status
Active
APN
83A3-1A-614B
Size
4,920 SF
Amenities
rear alley access
Building Details
Year built
1920
Listing Agency:
CHESAPEAKE PROPERTIES
(757) 331-8100
Listed By:
KIMBERLEY M. STARR
(757) 635-0711
Added: May 16
Changed: Sep 3
Last Checked: Sep 25 at 3:06AM
MLS# 71431
Copyright © 2026 Eastern Shore Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,920-square-foot mixed-use commercial building was constructed in 1920 and rises two stories. The ground floor is partially leased to 23310 Shop, while the second floor has been gutted for redevelopment. The property is suited to a range of commercial and mixed-use concepts, including retail, restaurant, office, and residential conversion, subject to required town approvals.
The building stands across from the Cape Charles Town Harbour in downtown Cape Charles, within the historic district. It is positioned between the Historic Palace Theater and The Boardwalk, a retail and gift business. Deeded rear alley access provides an additional property feature. Eligibility for historic tax credits, a 10-year real estate tax abatement, and Enterprise Zone renovation rebates may support future renovation plans. A third-story addition has also been identified as a potential way to create harbor views.
The building stands across from the Cape Charles Town Harbour in downtown Cape Charles, within the historic district. It is positioned between the Historic Palace Theater and The Boardwalk, a retail and gift business. Deeded rear alley access provides an additional property feature. Eligibility for historic tax credits, a 10-year real estate tax abatement, and Enterprise Zone renovation rebates may support future renovation plans. A third-story addition has also been identified as a potential way to create harbor views.
Key Highlights
- 4,920‑square‑foot mixed‑use commercial building constructed in 1920
- Two‑story structure across from the Cape Charles Town Harbour
- Second floor is gutted and available for redevelopment
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Explore this area
Business Placement
Demographics for 23310, VA
5,260
Population
3,386
Households
1.6
Avg Household Size
52
Median Age
33%
College-Educated
89%
High-School Grad
65.1 sq mi
ZIP Area
81
Density / Sq Mi
$53,482
Median Household Income
$36,386
Median Earnings
$795
Median Rent
$344,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building with partial ground-floor occupancy and redevelopment potential in a historic waterfront district.
Where is this mixed-use property located?
The property is located at 307 MASON AVE Cape Charles, VA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4,920‑square‑foot mixed‑use commercial building constructed in 1920; Two‑story structure across from the Cape Charles Town Harbour; Second floor is gutted and available for redevelopment
