Williamsburg Development Site Retail FOR SALE


Williamsburg, VA
$4,100,000 USD
804-869-8883
, Williamsburg, VA for Sale
$4,100,000 USD
Retail - FOR SALE
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Williamsburg Development Site
Williamsburg, VA


HIGHLIGHTS

  • Three (3) Parcels | One Owner | 14,168 Sq Ft Total | 3.28 Acres
  • Excellent Visibility | 450 Ft of Frontage on Richmond Rd: Historic Highway
  • Adjacent to #3 Wingate in State | Facing #5 Hampton Inn in State (Source: Placer Ai)
  • Three (3) Vacant Single-Tenant Buildings | Restaurant Market Rent: $25NNN
  • GB (General Business) Zoning: Retail, Medical, & Some Residential Uses Permitted
  • 160+ Current Parking Spaces Cross-Access Parking with Hotel

OVERVIEW

Positioned along one of Williamsburg’s most traveled historic corridors, this 3-parcel, 3.28-acre commercial opportunity delivers unmatched visibility, access, and long-term value. With 450 feet of prominent frontage on Richmond Road, the site sits directly adjacent to the #3 Wingate Hotel in the state and faces the #5 Hampton Inn, placing it squarely within a thriving hospitality and retail hub. The property features three vacant single-tenant buildings, each meticulously maintained and ideal for restaurant, retail, medical, or select residential uses under GB (General Business) zoning. With a combined 14,168 sq ft of existing improvements and 160+ parking spaces—plus cross-access parking shared with the neighboring hotel—this site is primed for immediate occupancy or redevelopment. Market rent for restaurant space is a strong $25 NNN, reinforcing the area’s robust commercial demand. Surrounded by national brands including Food Lion, Olive Garden, CVS, Aldi, and multiple hospitality flags, the location benefits from a dense and affluent consumer base: 77,000+ residents within 5 miles and an impressive $118,000+ average household income within 3 miles. The property also sits minutes from major new developments such as the Williamsburg Sports & Event Center, MidTown Row, and expanding residential communities—further boosting traffic and growth potential.

ASK ABOUT THIS PROPERTY

Harrison JonesMarcus & MillichapMore Info
804-869-8883

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Harrison JonesMarcus & MillichapMore Info
804-869-8883

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