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5242 Olde Towne Rd
Williamsburg, VA 23188

$1,167 - $2,333 USD/MO

General Retail For Lease  •  800+ SF

Property Details

  • Property Type General Retail
  • Year Built 1994
  • Total Building Size 8,800 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning LB
0 Transit Score
33 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Unit 9 Retail 800 SF $17.50 USD/SF/YR
This exceptional 800 square foot inline retail space is now available for lease at one of Williamsburg’s most vibrant intersections—Olde Towne Road and Longhill Road. Ideal for a variety of retail concepts, the space benefits from outstanding co-tenancy alongside established and high-traffic eateries including Hibachi Buddha, LLC, Pika, LLC, and the popular Uncle Russ' Dockside Seafood Market. This synergistic tenant mix ensures strong customer draw and foot traffic throughout the day. Located in a thriving commercial corridor with excellent visibility and easy access, this space presents a unique opportunity to join a bustling retail community in a prime location.

  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Standard Retail
  • Space Type: Relet
1st Floor Ste Units 3-4 Retail 1,600 SF $17.50 USD/SF/YR
We’re pleased to offer a prime leasing opportunity: a 1,600-square-foot end cap retail space perfectly suited for a restaurant or food service concept. Previously occupied by a well-regarded local operator who recently decided to pursue retirement, the space is fully built out and turnkey—allowing for immediate occupancy with minimal upfront investment. Situated at the high-visibility corner of Longhill Road and Olde Towne Road, this location provides outstanding exposure to both local residents and passing commuters. Tenants will also benefit from prominent signage opportunities, offering exceptional branding potential in one of Williamsburg’s most active corridors—an ideal setting for any operator looking to establish or grow their presence in the market.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

Olde Towne Marketplace, Located at 5242 Olde Towne Road in Williamsburg, Virginia, offers a premier retail location at the intersection of Longhill Road and Olde Towne Road. Recent infrastructure improvements, including the completion of the Longhill Road widening project in April 2023, have significantly enhanced traffic flow in the area. The addition of a roundabout at the intersection of Longhill Road and Williamsburg Plantation Drive has streamlined access, reducing congestion and improving safety for both drivers and pedestrians.

Further enhancing the area’s appeal is the redevelopment of surplus land from the Eastern State Hospital. The Cardinal Ridge development, covering approximately 368 acres, will introduce up to 946 residential units, including apartments, townhomes, and single-family homes, along with 19.6 acres of commercial space. This influx of residents is expected to drive consumer demand, providing a steady and growing customer base for retailers in the vicinity.

With its prime location, improved traffic infrastructure, and proximity to expanding residential communities, 5242 Olde Towne Road stands as an ideal choice for retailers seeking high visibility and access to a dynamic, flourishing market.

Highlights

Located at the high-traffic intersection of Longhill Road and Olde Towne Road in Williamsburg.
Recent infrastructure improvements, including a new roundabout, have enhanced traffic flow and safety.
The Cardinal Ridge Development will add nearly 1,000 residential units to the area.
Located adjacent to the prestigious Fords Colony and Windsor Forest neighborhoods, multiple apartment complexes and resort timeshares.
Williamsburg Premium Outlets are "just around the corner" at the intersection of Olde Towne Rd and Richmond Rd.
Immediate connectivity to Route 199 and it's dual interchanges with Interstate 64.

Property Flyers

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Williamsburg Amtrak Station (Northeast Regional - Amtrak) 10 min - 3.9 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 35 min - 22.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Beth Hinson 757-544-4655 Coldwell Banker Commercial Brooks Real Estate
Beth Hinson 757-544-4655 Coldwell Banker Commercial Brooks Real Estate