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Investment Highlights

  • Located along East City Point Road with strong vehicular traffic and visibility.
  • In close proximity to restaurants, shops, and essential services in the Hopewell community.
  • Convenient access to Route 10 and quick linkage to Interstate 295 and the Richmond region.
  • Zoned B1, allowing multiple retail and service uses for maximum versatility.

Executive Summary

The City of Hopewell is excited to present this retail with drive through investment opportunity located in historic Downtown Hopewell for sale/lease. The property is .53 acres on the corner of Main Street and City Point Road. This former BOA bank branch building was constructed in the late 1970s. The property is positioned on the City of Hopewell General District Courthouse triangle block in the heart of downtown. Located in both the Enterprise and Opportunity Zone this property provides a unique opportunity for redevelopment at the lowest net cost. Property is being marketed for sale or lease.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,846 SF
Building Class
C
Year Built
1977
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
B1 - The Central Business District is intended to provide an urban mix of retail, office, service, hotel, residential, and civic functions for the City.
Parking
12 Spaces (3.12 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Fiber Optic Internet

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,846 SF
  • Retail
  • Outparcel
  • Now

The location supports a diverse customer base with nearby residential neighborhoods and is minutes from local dining, banking, and shopping options. Its B1 zoning provides flexibility for a broad range of retail or service-oriented uses. Ample parking and visibility enhance the appeal, while its placement within an active business district surrounded by community amenities ensures consistent traffic flow. With Richmond International Airport approximately 20 miles away and the Port of Richmond just under 18 miles, the property also serves businesses seeking regional connectivity. The property suits operators looking for a high-traffic setting in a steady local economy.

Space Size Space Use Position Available
1st Floor 3,846 SF Retail Outparcel Now

1st Floor

Size
3,846 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 3,846 SF
Space Use Retail
Position Outparcel
Available Now

The location supports a diverse customer base with nearby residential neighborhoods and is minutes from local dining, banking, and shopping options. Its B1 zoning provides flexibility for a broad range of retail or service-oriented uses. Ample parking and visibility enhance the appeal, while its placement within an active business district surrounded by community amenities ensures consistent traffic flow. With Richmond International Airport approximately 20 miles away and the Port of Richmond just under 18 miles, the property also serves businesses seeking regional connectivity. The property suits operators looking for a high-traffic setting in a steady local economy.

Somewhat walkable
30/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
080-0060
Land Assessment
$171,000
Improvements Assessment
$585,600
Total Assessment
$756,600
  • Listing ID: 40880305

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 101 E City Point Rd, Hopewell, VA 23860

Contact the Sale Advisor

101 E City Point Rd

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