227 E Mercury Blvd | Image 1
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227 E Mercury Blvd | Image 7

$2,160,000

5 months ago

0 Bed

0 Bath

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MLS® 10602841

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $8,543
Days Active 155
Approx. Age 1973
MLS® Number 10602841

Property Address: 227 E Mercury Blvd, Hampton, VA, 23669-2458

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number10602841
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 19, 2025List Date
$2,160,000List Price
  • Commute

Commute

Starting Address
Destination Address
227 E Mercury Blvd, Hampton, VA

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