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Seven City Realty
50 W Queens Way, Hampton West, VA 23669
- $600,000
- 6,048
- SqFt
- List Price
- $600,000
- Status
- NEW LISTING
- MLS#
- 10662010
- Year Built
- 1984
- Living Area
- 6,048
- Acres
- 0.23
- County
- Hampton VA
- City
- Hampton West
- Subdivision
- All Others Area 102
- Neighborhood
- Downtown Hampton
Property Description
Rare turnkey investment opportunity in the heart of Downtown Hampton! This 2-story, 6,048 SF professional office building at 50 W Queens Way features an elevator, shared conference room, break area, and coveted private rear parking—a rare downtown amenity. Currently 87.5% occupied with 7 of 8 office suites leased, generating over $5,000/month in gross rental income with immediate upside upon leasing the final unit. Full-service lease structure with owner covering water, sewer, electric, gas, and maintenance, offering clear expense visibility and potential for future NNN/modified gross restructuring. Steps from dining, courthouses, government offices, and the waterfront, with quick access to I-64. Well-suited for a passive investor or owner-occupant seeking steady cash flow. Principal of the owning company is a licensed real estate agent in Virginia
Additional Information
- Heating
- Gas, Heat Pump
- Cooling
- Central Air
- Roof
- Asphalt Shingle
- Floors
- Carpet, Tile
- Exterior
- Brick
- Parking Description
- Lot, Paved, 1-25 Spcs
- Contingency Exists
- Non Contingent
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Listing courtesy of Desirable Management LLC.
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