1 W Queens Way 26,615 SF Office Building Hampton, VA 23669 $2,700,000 ($101.45/SF)

Positioned in Downtown Hampton, 1 W Queens Way presents a redevelopment opportunity within one of the city's most established mixed-use districts. Formerly occupied as a bank, the property consists of a vacant two-story building situated on approximately 0.82 acres with frontage and visibility near the intersection of Settlers Landing Road and King Street. The existing structure offers a basis for adaptive reuse or repositioning, while the site's downtown location supports a variety of potential redevelopment concepts.
The property benefits from convenient connectivity to Interstate 64 and the Hampton Roads Bridge-Tunnel, providing access throughout the Hampton Roads region. Downtown Hampton's walkable environment, waterfront attractions, government offices, restaurants, entertainment venues, and nearby residential neighborhoods contribute to ongoing activity within the surrounding area. The location also offers proximity to major regional employment centers, including Newport News, Langley Air Force Base, and the broader Peninsula market.
According to marketing materials, the property is located within an Opportunity Zone and is zoned DT-1, which permits a range of mixed-use development concepts including retail, office, medical, and multifamily residential uses. Investors and developers have the opportunity to evaluate redevelopment strategies that capitalize on the site's visibility, accessibility, and downtown setting while leveraging the flexibility offered by the zoning designation.