Hampton, VA 23669,227 E Mercury BLVD
Hampton, VA 23669,227 E Mercury BLVD
Hampton, VA 23669,227 E Mercury BLVD
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$2,160,000
Est. payment /mo
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21,631 SqFt
Price Dropped by $240K

227 E Mercury BLVD Hampton, VA 23669

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Robin Grace

Robin Grace

+1(757) 773-6790

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Key Details

Property Type Commercial

Sub Type Purchase

Listing Status Active

Purchase Type For Sale

Square Footage 21,631 sqft

Price per Sqft $99

Subdivision All Others Area 102

MLS Listing ID 10602841

HOA Y/N No

Year Built 1973

Annual Tax Amount $8,543

Property Sub-Type Purchase

Property 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.

Location

State VA

County Hampton

Area 102 - Hampton West

Zoning C3

Interior

Heating Electric

Cooling Central Air

Flooring Carpet, Tile

Exterior

Parking Features 26-50 Spcs

Utilities Available City Sewer, City Water, Electric, Gas Avail

Roof Type Metal

Building

Story 1.0000

Foundation Slab

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None

Real Estate Information Network (REIN)
© 2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed
Listed by Bell-Key Properties Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 15
  • 8

    Armstrong Elementary School

    Public | PK - 5

  • 6

    Samuel P. Langley Elementary School

    Public | PK - 5

  • 5

    Hunter B. Andrews PreK-8 School

    Public | PK - 8

  • 5

    Captain John Smith Elementary School

    Public | PK - 5

  • 5

    John B. Cary Elementary School

    Public | PK - 5

  • 5

    Francis Asbury Elementary School

    Public | PK - 5

  • 4

    Barron Elementary School

    Public | PK - 5

  • 4

    Jane H. Bryan Elementary School

    Public | PK - 5

  • 3

    Booker Elementary School

    Public | PK - 5

  • 3

    Phillips Elementary School

    Public | PK - 5

  • 2

    John Tyler Elementary School

    Public | PK - 5

  • 0

    Spirit of Life Ministries Cogic

    Private | PK - 6

  • 0

    Gloria Dei Lutheran School

    Private | PK - 8

  • 0

    St Mary Star of the Sea School

    Private | PK - 8

  • 0

    Victory Baptist School

    Private | 1 - 12

Middle Schools 2
  • 9

    Francis W. Jones Magnet Middle School

    Public | 6 - 8

  • 5

    Benjamin Syms Middle School

    Public | 6 - 8

High Schools 2
  • 5

    Kecoughtan High School

    Public | 9 - 12

  • 4

    Phoebus High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Robin Grace

Robin Grace

Broker | License ID: 0225072986

+1(757) 773-6790

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