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$2,400,000
28 Days On Site
227 E Mercury BLVDHampton, VA 23669
For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
21,631
SqFt
$111
/SqFt
1973
Built
Subdivision:
ALL OTHERS AREA 102
County:
Hampton
Courtesy of REIN Inc.
Listing courtesy of Stephen Simmons of Bell-Key Properties Inc.
Listing courtesy of Stephen Simmons of Bell-Key Properties Inc.
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Monthly Payment (Est.)
$10,950Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
This 21,631 SF property on 1.93 acres (including adjoining parcel parking lot) sits on one of Hampton’s busiest commercial corridor with excellent visibility and access. Currently leased as a newly renovated event space at $10/SF annually, grossing$216,000/year ($180,000/year actual after discount); under a 2-year NNN lease starting April 2025. There is an option for seller to buy out the lease at closing, giving the buyer immediate flexibility to occupy and operate their own business or retain the tenant for steady income. Features two new AC units, ample parking, and strong surrounding demographics. Ideal for investors seeking strong returns or an owner-operator looking for a move-in-ready facility in a prime location.
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Listing Snapshot
Price
$2,400,000
Days On Site
28 Days
Bedrooms
N/A
Inside Area (SqFt)
21,631 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.93 Acres
Year Built
1973
MLS® Number
10602841
Status
Active
Property Tax
$1,162,236
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
General Features
Acres
1.93
Disclosures
None
Foundation
Slab
Number Of Stories
1
Sewer
Public Sewer
SqFt Total
21631
Water Source
Public
Zoning
C3
Interior Features
Cooling
Central Air
Flooring
CarpetTile
Heating
Electric
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Exterior Features
Construction Details
BrickBlock
Roof
Metal
Community Features
Financing Terms Available
Owner Will Carry
MLS Area
102 - Hampton West
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Neighborhood & Commute
Source: Walkscore
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