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Corner Retail or Salon Suite
For Lease
$1,461/Mo

245 E Broadway, Hopewell, VA 23860

Former salon space on a corner storefront, suitable for retail or personal service use.

Space SizeContact for details
Property Size26,764 SF
Days on Market86

Property Features for 245 E Broadway

General Information

Standard status Active
Size 26,764 SF
Property subtype Commercial

Building Details

Building Size 26,764 SF
Year Built 1919
Stories 3
Listing Agency: One South Commercial LLC
Listed By: Christopher Corrada · License #0225066800
Source: Elliman
Added: Jun 12 Changed: Aug 22 Last Checked: Sep 5 at 8:14AM

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 One South Commercial LLC

Investment Insights

Based on property information with market context.

This former salon space is ready for a new occupant and could be nearly turnkey for a salon or spa, while also working well for retail or other personal service businesses. The unit is positioned as a corner storefront, providing an easy storefront presence for customers.

The space is located on E Broadway in downtown Hopewell, across from the new City Point Ice Cream and Burgers restaurant. Broadway is described as having a revitalized streetscape with clean sidewalks, landscaping, and streetlights, and the area is noted as somewhat walkable and bikeable.

Key Highlights

  • Former salon space in a corner storefront on Broadway
  • Year built: 1919
  • Corner location across from the new City Point Ice Cream and Burgers restaurant

Property Analytics

Current Use

LoNues Car Towings (Bike/Boat/Book/etc) Store Galaxy Signs & Graphics (Bike/Boat/Book/etc) Store Fast Katz Barber ... Barber Shop Butterworth Lofts LLC Apartment Building

Suggested Use

Top Pick Hair Salon Kitchen & Bath Showroom Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Electrical Service

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

703
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Shops & Services 36% Groceries 22%
Hardee's Dining
7,447 visits/mo 0.1 miles
Virginia ABC Groceries
3,834 visits/mo 0.2 miles
Truist Shops & Services
3,369 visits/mo 0.3 miles
Dollar General Shops & Services
2,960 visits/mo 0.1 miles

Demographics for 23860, VA

32,139
Population
12,254
Households
2.6
Avg Household Size
39
Median Age
14%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$55,104
Median Household Income
$36,663
Median Earnings
$1,103
Median Rent
$187,800
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
Rey
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Similar Off Market Nearby

  • The Gardener's Gate 208 N Main St, Hopewell, VA 23860

Frequently Asked Questions

What type of property is this?
Storefront property - Former salon space on a corner storefront, suitable for retail or personal service use.
Where is this storefront property located?
The property is located at 245 E Broadway Hopewell, VA.
What is the lease rate?
The lease rate is $1,461/Mo.
What are key features of this property?
This property features: Former salon space in a corner storefront on Broadway; Year built: 1919; Corner location across from the new City Point Ice Cream and Burgers restaurant
More about this property
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