Corner Retail Strip
For Sale
$1,250,000
165 MARKET ST, Onancock, VA 23417
COMMERCIAL - ONANCOCK, VA
Property Size24,222 SF
Lot Size2.40 Acres
Price / SF$51.61
Days on Market101
Property Features for 165 MARKET ST
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
ONANCOCK
Directions
From 13 heading south make right turn on Market street- Approx. 2 miles down on right- 1/4 mile down from fairground Rd.
Standard status
Active
APN
85A3-6-25A
Size
24,222 SF
Lot size
2.40 Acres
Building Details
Year built
1975
Listing Agency:
Weichert, Realtors Mason - Davis
(757) 787-1010
Listed By:
Cathy Salamone
(631) 838-5920
Added: Apr 21
Changed: Jun 6
Last Checked: Jul 30 at 11:06PM
MLS# 71260
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 corner retail strip center contains five commercial rental spaces. The building was completely rebuilt in 2008 and is presented in excellent condition both inside and out. Public water and sewer service are available, supporting straightforward tenant operations. On-site parking is available for approximately 100 vehicles, helping accommodate shopping and customer access.
Located at 165 Market St, Onancock, the property benefits from a highly visible corner position on the main road Market Street. The layout is designed for convenient customer flow to multiple storefronts, with access appropriate for a downtown retail environment.
As an acquisition opportunity, the building is currently leased, with the seller reporting over $10,000 per month collected from tenants. Three of the five rental spaces are described as secured with long-standing leases, which may appeal to investors seeking an income-producing property with existing occupancy. Tenants also benefit from the center’s prominent location and parking capacity for customer visits.
Located at 165 Market St, Onancock, the property benefits from a highly visible corner position on the main road Market Street. The layout is designed for convenient customer flow to multiple storefronts, with access appropriate for a downtown retail environment.
As an acquisition opportunity, the building is currently leased, with the seller reporting over $10,000 per month collected from tenants. Three of the five rental spaces are described as secured with long-standing leases, which may appeal to investors seeking an income-producing property with existing occupancy. Tenants also benefit from the center’s prominent location and parking capacity for customer visits.
Key Highlights
- Over 10,000/month collected from leased tenants
- Five commercial rental spaces; three currently secured with long‑standing leases
- Completely rebuilt in 2008 (original year built 1975)
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
7k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Home Improvements & Furnishings 43%
Sunoco
Shops & Services
3,751 visits/mo
0.3 miles
Onancock True Value Building Supply
Home Improvements & Furnishings
3,128 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
370 visits/mo
0.0 miles
Demographics for 23417, VA
3,625
Population
2,511
Households
1.4
Avg Household Size
54
Median Age
30%
College-Educated
89%
High-School Grad
47.3 sq mi
ZIP Area
77
Density / Sq Mi
$71,207
Median Household Income
$36,831
Median Earnings
$1,035
Median Rent
$251,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Freestanding strip center with five retail suites, ample parking, and public utilities, rebuilt in 2008.
Where is this shopping center located?
The property is located at 165 MARKET ST Onancock, VA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Over 10,000/month collected from leased tenants; Five commercial rental spaces; three currently secured with long‑standing leases; Completely rebuilt in 2008 (original year built 1975)
