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Freestanding Restaurant Building
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124 S Armistead Ave, Hampton, VA 23669

Corner commercial building with restaurant history and access to Hampton’s downtown district.

Property Size704 SF
Lot Size0.17 Acres
Price / SF$461.65
Days on Market206

Property Features for 124 S Armistead Ave

General Information

Standard status Active
Size 704 SF
Lot size 0.17 Acres
Property subtype RETAIL

Building Details

Buildings 1
Listing Agency: Colliers | Norfolk
Listed By: Patrick McCormick · License #VIRGINIA0225202191
Source: Moodyscre
Added: Feb 6 Changed: Aug 30 Last Checked: Aug 30 at 5:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Norfolk

Investment Insights

Based on property information with market context.

This freestanding restaurant property includes approximately 704 square feet of building area on an approximately 7,405-square-foot corner parcel. The site previously operated as a seafood restaurant and offers frontage along S Armistead Ave with direct access from a prominent corner position.

The property is located in Hampton’s downtown corridor, near government offices, historic attractions, and surrounding residential neighborhoods. Its compact footprint and existing restaurant history provide a focused commercial setting for continued restaurant use or another approved commercial application.

Key Highlights

  • Approximately 704 SF freestanding restaurant building
  • Approximately 7,405 SF corner lot
  • Former seafood restaurant property

Property Analytics

Current Use

Old Hampton Seafood ... Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Kitchen & Bath Showroom Pharmacy Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 83% Electronics 17%
Dollar Tree Shops & Services
5,403 visits/mo 0.1 miles
Exxon Shops & Services
2,162 visits/mo 0.0 miles
T-Mobile Electronics
1,730 visits/mo 0.2 miles
7-Eleven Shops & Services
821 visits/mo 0.1 miles

Demographics for 23669, VA

41,030
Population
17,589
Households
2.3
Avg Household Size
38
Median Age
31%
College-Educated
94%
High-School Grad
12.1 sq mi
ZIP Area
3,391
Density / Sq Mi
$66,999
Median Household Income
$41,874
Median Earnings
$1,202
Median Rent
$246,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner commercial building with restaurant history and access to Hampton’s downtown district.
Where is this conventional restaurant located?
The property is located at 124 S Armistead Ave Hampton, VA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Approximately 704 SF freestanding restaurant building; Approximately 7,405 SF corner lot; Former seafood restaurant property
(757) 217-1880 Call to check price and availability
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