2538 W Pembroke Ave Hampton, VA 23661

5,100 SF 0.17 ac lot Built 1957

Entity Owned 21-yr Hold Absentee Owner Free & Clear

Property ID

US87-2298256

$575,000 5,100 SF

2538 W Pembroke Ave, Hampton, VA 23661
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This exceptional Hampton, VA commercial property presents a unique investment opportunity. Located at 2538 & 2540 W Pembroke Avenue, this two-story building boasts high visibility, fronting directly on W Pembroke Avenue and conveniently backing up to I-664, with proximity to two interstate exits. The ground floor offers a versatile layout combining office space and warehouse facilities, ideal for a variety of businesses. Adding to its income potential, the second floor features two separate two-bedroom apartments, each with its own private side entrance, providing a significant rental income stream. This live-work setup is perfect for an owner-operator seeking both business space and residential accommodation. The property sits on a 0.34-acre lot and includes ample parking, enhanced by a secure fenced-in rear area. Recent improvements include a brand-new roof, ensuring long-term value and minimizing immediate maintenance needs. The property is in excellent condition and ready for immediate occupancy. This is a rare opportunity to acquire a well-maintained, dual-income generating commercial property in a highly desirable Hampton location. The asking price is $675,000.