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227 E Mercury Blvd
Hampton, VA 23669

$2,400,000 USD

General Retail For Sale  •  21,631 SF

Property Details

  • Property Type General Retail
  • Total Building Size 21,631 SF
  • Lot Size 1.93 AC
  • Building Class C
  • Year Built 1973
  • Tenancy Single
  • Zoning 15 C-3 GEN
35 Transit Score
48 Walk Score

Highlights

Investors seeking strong returns and stable cash flow, owner-operators looking for a move-in-ready facility in a high-visibility location
Located on high-traffic Mercury Boulevard, the site features two new AC units and ample parking.
The seller offers a lease buyout at closing, allowing immediate occupancy or continued rental income.
The lease generates $216,000 annually, with $180,000 actual net income after discount.
It is leased as a newly renovated event space with a two-year NNN lease starting April 2025.
The property spans 21,631 square feet on 1.93 acres, including an adjoining parking parcel.

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Newport News (Northeast Regional - Amtrak) 15 min - 8.0 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 23 min - 14.1 mi
Norfolk International 25 min - 15.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 110
Type: Surface
Included in Rent: Yes
Stephen Simmons 757-848-8964 Bell-Key Properties Inc.
Stephen Simmons 757-848-8964 Bell-Key Properties Inc.