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    9 Queens Way Hampton, VA 23669

    Sponsored
    For Sale
    $2,400,000

    Four Retail Spaces, Prime Location, High Occupancy

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents four contiguous retail spaces totaling approximately 100% occupancy, situated in the vibrant heart of Downtown Hampton, Virginia. All four spaces are for sale together, and currently house successful, established restaurant tenants. The properties are located at 9, 11, and 13 East Queens Way East, Hampton, VA 23669, offering a combined total square footage (to be determined by buyer's due diligence). This mixed-use property benefits from its prime location within a designated Opportunity Zone, potentially unlocking significant tax advantages for investors. Furthermore, the location is eligible for facility improvement grants, presenting additional opportunities for enhancing the property's value and appeal. The asking price for the entire portfolio is $2,400,000. Financial details and lease agreements are available upon request. This is a rare chance to acquire a well-established, high-performing restaurant portfolio in a thriving downtown area. Serious inquiries only.

    Property Features for 9 Queens Way

    General Information

    Property type
    Restaurants

    HighLights

    • Four contiguous retail spaces, 100% occupied by established restaurants.
    • Located at 9, 11, and 13 East Queens Way East, Hampton, VA 23669.
    • Total square footage to be verified by buyer.
    • Asking price: $2,400,000.
    • Situated in a Hampton, VA Opportunity Zone, offering potential tax advantages.
    • Eligible for facility improvement grants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Venture Kitchen & Bar Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.3438975
    Latitude
    37.0259345

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    FAQs

    What type of property is this?
    Restaurant - Four Retail Spaces, Prime Location, High Occupancy
    Where is this restaurant located?
    The property is located at 9 Queens Way Hampton, VA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Four contiguous retail spaces, 100% occupied by established restaurants.; Located at 9, 11, and 13 East Queens Way East, Hampton, VA 23669.; Total square footage to be verified by buyer.
    Request Owner's contact information
    9 Queens Way Hampton, VA 23669
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    Hampton, VA 23669
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Queens Way Hampton, VA 23669
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