- For Lease Contact for pricing
- Property Type Office - General Office
- Property Size 3,763 SF
- Lot Size 0.09 Acre
- Building Class C
- Year Built 1991
- Date Updated Apr 23, 2026
Description
Discover the vibrant coastal charm of Hampton, VA, where the property is ideally situated among a dynamic mix of dining, retail, and entertainment options.INVESTMENT OPPORTUNITY: Presenting a compelling opportunity to acquire a two-story retail/office building located at 23 South Mallory Street in the heart of Phoebus, Hampton, Virginia. This well-maintained ±3,763 SF asset, constructed in 1991 and zoned PH-1, offers investors immediate income with the flexibility for future owner-user or leasing strategies.
Strategically positioned within one of Hampton’s most active and revitalized commercial corridors, the property benefits from strong surrounding foot traffic, nearby dining and retail amenities, and continued area growth. Its efficient layout, established tenancy, and private access to second-floor office suites make it an attractive and versatile addition to any commercial portfolio.
With stable in-place income and long-term upside potential, this asset is ideally suited for investors seeking a well-located, income-producing property with both security and growth potential.Discover this charming, historic two-story commercial building in the heart of Phoebus, featuring vibrant retail space on the first floor and fully built-out office suites on the second floor - complete with a private entrance for added convenience and exclusivity.
Positioned just steps from some of Phoebus’ most popular and active dining destinations, this property places you in the center of a vibrant and evolving commercial district known for its walkability, dining, and community energy.
An ideal opportunity for businesses seeking character, visibility, and a dynamic location to establish or expand their presence in one of Hampton’s most historic and revitalized corridors.
Highlights
- ±3,763 SF freestanding building
- Excellent parking lot located on the backside of building
- Lease one floor or the entire building (each floor has its own dedicated ingress/egress)
- Many amazing restaurants in walking distance that you can only find in Historic Phoebus
- Two Floors: ±1,881 SF per floor
True
2 Spaces Available
1st Floor
Space Type
General Office
Lease Rate
Contact for pricing
Total Space
1,881 SF
Floor
1
Divisible Space
1,881 - 1,881 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
2nd Floor
Space Type
General Office
Lease Rate
Contact for pricing
Total Space
1,881 SF
Floor
2
Divisible Space
1,881 - 1,881 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Missy Martinovich
Creoteric Commercial Real Estate
Location
Located at 23 South Mallory Street, Hampton, VA 23663, this property is part of the Phoebus Historic District neighborhood and Richmond Tidewater market.
Contact Listing Broker
Missy Martinovich
Creoteric Commercial Real Estate