For Lease
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Property summary
This exceptional two-story commercial building, located at 23 South Mallory Street in the vibrant Historic Downtown Phoebus district of Hampton, Virginia, presents a unique retail opportunity. The property boasts a total of 3,446 square feet, divided into two suites. Currently, 1,147 square feet are vacant and available for lease. Individual suite sizes range from a minimum of 487 square feet to a maximum contiguous space of 660 square feet, offering flexibility for various retail businesses. The building's second floor is already developed as a general office space, complete with its own private entrance, presenting an additional income stream potential or the possibility of expanding your retail operation vertically. This prime location in Norfolk County offers excellent access to Interstate 64, ensuring high visibility and convenient access for customers and employees. The property is situated in the 23663 zip code. This is an ideal opportunity to establish or expand your business in a thriving historic district with strong foot traffic and easy highway access. The building's historic charm combined with its modern conveniences makes it a truly unique investment opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Physician
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Grocery & Convenience Store
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Bank Credit Union
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
46 PH-1 PHOEBUS URBAN COR · Hampton, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 46 PH-1 PHOEBUS URBAN COR in Hampton, VA.
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Find the owner behind the property.
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- Location Insight
- Alternative use
- Local Zoning Insight