58 Market St - Office/Residential FOR SALE


Onancock, VA 23417
$475,000 USD
804-937-4102
58 Market St, Onancock, VA for Sale
$475,000 USD
Office/Residential - FOR SALE
1/29
null | Request Cap Rate

58 Market St
Onancock, VA 23417


HIGHLIGHTS

  • Historic three-story building constructed in 1910.
  • Located in the heart of downtown Onancock.
  • Flexible layout suitable for multiple occupancy types.
  • Walkable access to shops, dining, galleries, and the waterfront.
  • Prominent visibility along Market Street.
  • Previously utilized for both professional and residential use.

OVERVIEW

58 Market Street presents an opportunity to acquire a historic mixed-use asset in the center of downtown Onancock. Originally constructed in 1910, the three-story property offers architectural character, established visibility along Market Street, and a flexible layout that has supported multiple uses over time, including professional office occupancy and residential accommodations. This property was last used as a physician's office with residential living upstairs. The building features original architectural details, hardwood flooring, handcrafted woodwork, and multiple interior living and working areas that support a variety of owner-user or investment strategies. Located within Onancock's walkable downtown district, the property benefits from proximity to local restaurants, galleries, retail shops, entertainment venues, and the Onancock Wharf. The surrounding environment combines commercial activity, tourism, and residential demand, creating a setting that supports hospitality, professional office, boutique commercial, residential, or mixed-use concepts where permitted. Its central location and visibility along a well-traveled downtown corridor contribute to year-round accessibility and community presence. The property's combination of historic character, adaptable floor plan, and downtown positioning offers investors and owner-users the ability to capitalize on an established location within one of Virginia's Eastern Shore communities. Existing improvements and prior income-producing use further support a range of potential ownership objectives.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Painted Lady

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

085-A2-A0-00-0083-B0

ASK ABOUT THIS PROPERTY

Dana DillonColdwell Banker Harbour RealtyMore Info
804-937-4102

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Dana DillonColdwell Banker Harbour RealtyMore Info
804-937-4102

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