06/10/2026
Don’t miss this exceptional opportunity to own a premier business property in the heart of Onancock. Presently collecting over 10,000 per month to leased tenants . Building was completely rebuilt in 2008. This highly visible corner location on the main road"Market Street" offers outstanding exposure and convenient access, making it ideal for both tenants and customers alike. The property features five commercial rental spaces, three of which are already secured with long-standing leases—providing immediate and stable income potential. With parking available for approximately 100 vehicles, this property easily accommodates high traffic and customer flow—an invaluable asset in a downtown setting. The building is in excellent condition, both inside and out, reflecting consistent maintenance and pride of ownership. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property offers a rare combination of location, stability, and long-term value. Public water and Sewer. According to a reliable lender :A well qualified person 25% down ($312,500), 75% LTV at 7.5% (loan is $937,500)-Payment P&I $6555.00 well under 10K rental income its now generating.
