550 Settlers Landing Rd - Bank FOR SALE


Hampton, VA 23669- Victoria Bl Historic District
$1,400,000 USD
757-952-6660
550 Settlers Landing Rd, Hampton, VA for Sale
$1,400,000 USD
Bank - FOR SALE
1/12
null | Request Cap Rate

550 Settlers Landing Rd
Hampton, VA 23669
Victoria Bl Historic District


HIGHLIGHTS

  • Downtown Hampton Location – Located in the heart of Downtown Hampton with walkable access to restaurants, retail, and waterfront amenities
  • Signalized Corner Visibility – Prominent position at the intersection of Settlers Landing Road and Bridge Street with strong exposure
  • Freestanding Commercial Building – Approximately 3,808 SF single-story building on a commercial parcel with flexible redevelopment potential
  • Drive-Through Infrastructure – Existing single drive-through lane, supporting banking, pharmacy, or service-oriented retail uses
  • Downtown Mixed-Use Zoning – Zoned DT-2, allowing a variety of retail, office, and mixed-use commercial applications
  • Convenient Parking – Approximately 27 parking spaces, providing a strong parking ratio for office or medical users.

OVERVIEW

550 Settlers Landing Road presents an opportunity to acquire a freestanding commercial building in the center of Downtown Hampton, one of the Peninsula’s most walkable and amenity-rich business districts. The property is located within the historic downtown area near restaurants, retail establishments, municipal offices, and waterfront attractions, creating a strong environment for professional services and customer-facing businesses. The building contains approximately 3,808 square feet on a single level and sits on a commercial parcel with convenient access and visibility from Settlers Landing Road. The site occupies a signalized intersection with strong exposure and includes a monument sign location along the roadway, offering excellent branding potential for professional or medical users. Originally constructed as a bank facility, the building includes an existing drive-through lane and functional layout that lends itself to adaptive reuse. With approximately 27 on-site parking spaces, the property provides an efficient parking ratio that supports office, service, or medical operations. The DT-2 Downtown Mixed-Use zoning allows a variety of potential uses including office, retail, and service-oriented businesses. The property is particularly well suited for medical office redevelopment, such as dental, outpatient clinic, wellness services, or specialty practices seeking a convenient downtown location with parking and visibility. The building also presents an attractive opportunity for enterprise office users, including law firms, accounting practices, engineering firms, financial advisors, or regional administrative offices that desire a professional presence in the Hampton downtown corridor. Overall, the property represents a strategically located owner-user or investment opportunity in Downtown Hampton, combining strong visibility, parking, flexible zoning, and a building that can be repositioned for medical office, professional services, or enterprise office occupancy.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Medical, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

DT2 - Mixed Use

APN/PARCEL ID

2003224

ASK ABOUT THIS PROPERTY

Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

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Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.