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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,419 SF
Building Class
C
Year Built
1910
Price
$662,672 CAD
Price Per SF
$149.96 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
1,473 SF

Amenities

  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
085-A2-A0-00-0083-B0
Land Assessment
$70,053 CAD
Improvements Assessment
$768,902 CAD
Total Assessment
$838,955 CAD
  • Listing ID: 41508488

  • Date on Market: 2026-07-31

  • Last Updated:

  • Address: 58 Market St, Onancock, VA 23417

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