About 227 E Mercury Blvd
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.
Features of 227 E Mercury Blvd
| MLS® # | 10602841 |
|---|---|
| Price | $2,400,000 |
| Bathrooms | 0.00 |
| Square Footage | 21,631 |
| Acres | 1.93 |
| Year Built | 1973 |
| Type | Commercial/Industrial |
| Sub-Type | Purchase |
| Status | Active |
Community Information
| Address | 227 E Mercury Blvd |
|---|---|
| Area | Hampton West |
| Subdivision | ALL OTHERS AREA 102 |
| City | Hampton |
| State | Virginia |
| Zip Code | 23669 |
Amenities
| Utilities | City Sewer, City Water, Electric, Gas Avail |
|---|---|
| Features | Landscaped, Public Restrms, Rear Entrance |
| Parking Spaces | 26 |
| Parking | 26-50 Spcs |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Brick, Masonry |
|---|---|
| Roof | Metal |
| Construction | Block |
| Foundation | Slab |
Additional Information
| Days on Market | 32 |
|---|---|
| Zoning | C3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Bell-Key Properties Inc. |
|---|