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Two-Story Retail Office Building
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23 South Mallory Street, Hampton, VA 23663

Two-story building with retail on the first floor and fully built-out office suites on the second.

Space Size1,881 SF
Property Size3,763 SF
Days on Market197

Property Features for 23 South Mallory Street

General Information

Standard status Active
Size 1,881 SF
Class C
Property subtype Office - General Office
Zoning PH-1

Building Details

Building Size 3,763 SF
Year Built 1991
Stories 2

Spaces For Lease

at 23 South Mallory Street Contact us

1st Floor Immediate

Floor 1
Size 1,881 SF
Type General Office
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us

2nd Floor Immediate

Floor 2
Size 1,881 SF
Type General Office
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Creoteric Commercial Real Estate
Listed By: Missy Martinovich · License #0225130592
Source: Commercialcafe
Added: Apr 7 Changed: Oct 7 Last Checked: Oct 19 at 4:15AM

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 Creoteric Commercial Real Estate

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Investment Insights

Based on property information with market context.

This well-maintained two-story retail/office building was constructed in 1991 and contains retail space on the first floor with fully built-out office suites on the second floor. Private access is available for the second-floor office suites via a dedicated entrance, supporting separation between retail and office operations.

Located at 23 South Mallory Street in Phoebus, Hampton, the property is described as an investment opportunity with established tenancy. The building is zoned PH-1.

With efficient layout for mixed use and a combination of first-floor retail and second-floor office space, the asset offers flexibility for continued leasing or an owner-user strategy consistent with the property’s in-place income and configuration.

Key Highlights

  • Two‑story retail/office building built in 1991
  • 3,763 SF total building size
  • First floor features retail space; second floor has fully built‑out office suites

Property Analytics

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Current Use

Mango Medical DPC Pediatrician H&K Market Grocery & Convenience Store Vigo Bank Dr. Adam Wyatt Dental Office Dr. Cathy Rearden Dental Office

Suggested Use

Top Pick Law Firm Bakery Furniture & Home Goods Plumbing Service Cafe & Coffee Shop Kitchen & Bath Showroom

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

641
Businesses Nearby

Demographics for 23663, VA

13,374
Population
6,246
Households
2.1
Avg Household Size
37
Median Age
17%
College-Educated
92%
High-School Grad
2.8 sq mi
ZIP Area
4,776
Density / Sq Mi
$59,397
Median Household Income
$34,665
Median Earnings
$1,248
Median Rent
$187,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two-story building with retail on the first floor and fully built-out office suites on the second.
Where is this office unit located?
The property is located at 23 South Mallory Street Hampton, VA.
What are key features of this property?
This property features: Two‑story retail/office building built in 1991; 3,763 SF total building size; First floor features retail space; second floor has fully built‑out office suites
More about this property
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