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Open-Plan Retail Space
New
For Lease
$1,800/Mo

54 MARKET ST, Onancock, VA 23417

Commercial Lease, ONANCOCK, VA

Space Size3,000 SF
Lot Size0.11 Acres
Days on Market7

Property Features for 54 MARKET ST

General Information

Property type Commercial Lease
Property subtype Other
Subdivision ONANCOCK PROPER
Directions Located on main road into town of Onancock. Take Rt 13 to Rt 179 into Onancock approx. 1.5 miles. Next to Roseland Theater.
Standard status Active
APN 85A2-A-82
Size 3,000 SF
Lot size 0.11 Acres

Building Details

Year built 1970
Listing Agency: CHESAPEAKE PROPERTIES
Listed By: KIMBERLEY M. STARR
Added: Sep 30 Changed: Oct 2 Last Checked: Oct 6 at 6:06AM
MLS# 72275

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 3,000-square-foot retail space at 54 Market St. was built in 1970 and has an open floor plan. Recent interior painting gives the premises a refreshed finish while retaining a flexible, unobstructed layout.

The property sits in Onancock, a waterfront town with restaurants, shops, a movie theater, a playhouse and a harbor. Riverside Hospital and the surrounding medical community are five minutes away, and the town wharf is a few blocks from the property.

Key Highlights

  • 3,000 square feet of open floor area
  • Interior recently painted
  • Five minutes from Riverside Hospital and the surrounding medical community

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Bakery Furniture & Home Goods Storage Facility Garden Center Cafe & Coffee Shop

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
$1.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sunoco Shops & Services
3,751 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Retail space - Fresh interior paint and a flexible open layout support a range of commercial configurations.
Where is this retail space located?
The property is located at 54 MARKET ST Onancock, VA.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 3,000 square feet of open floor area; Interior recently painted; Five minutes from Riverside Hospital and the surrounding medical community
More about this property
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