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    59 Market St Onancock, VA 23417

    For Sale
    $600,000

    Commercial - ONANCOCK, VA

    Property size:
    6,000 SF
    Days on Market:
    199
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 59 Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Freight Elevator, Other-see Remarks
    Accessibility
    Accessible Elevator Installed
    Size
    6,000 SF

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    1942
    Flooring type
    Carpet, Other, Tile, Wood
    Building materials
    Block, Brick, Frame
    Roof type
    Other, Wood
    Architectural style
    Other

    Weichert, Realtors Mason-Davis (757) 787-1010 [email protected]

    Listing agent Diana Belote (757) 787-1010

    Listing date May 21, 2025

    MLS# 63898 Listing URL

    Copyright © 2025 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.

    Overview

    Downtown Mixed-Use Commercial Opportunity

    This 6,000 square foot mixed-use property, constructed in 1942, presents a commercial and residential opportunity in downtown Onancock, VA. The building features steel beam, brick, and block construction. The first floor comprises 3,000 square feet with two offices, separate entrances, separate heating and air conditioning, handicapped access, a freight elevator, 3-phase service, and two half baths. The second floor, also 3,000 square feet, is unfinished with right of ownership to construct and includes a half bath. The first floor's layout allows for income generation from a second office space. The property offers possibilities for creating unique living spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eastern Shore Art ... Art Gallery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Onancock
    County
    Accomack
    State
    Virginia
    Longitude
    -75.7487127
    Latitude
    37.7121808

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    FAQs

    What type of property is this?
    Mixed-use property - 6,000 sq ft commercial and residential opportunity in Onancock.
    Where is this mixed-use property located?
    The property is located at 59 Market St Onancock, VA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - 6,000 sq ft Commercial & Residential Opportunity in Downtown Business District; - 1st Floor: 3,000 sq ft commercial space with 2 offices, separate entrances, separate heat/AC, handicapped access, and 3-phase service; - Freight Elevator
    (757) 787-1010
    Request Owner's contact information
    59 Market St Onancock, VA 23417
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    Onancock, VA 23417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    59 Market St Onancock, VA 23417
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