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Investment Highlights

  • Prime New Town Location – Located in Williamsburg’s premier mixed-use district with strong retail, office, and residential synergy.
  • Former Bank Building – 9,158 SF two-story building with three existing drive-through lanes.
  • Flexible Mixed-Use Zoning – MU zoning allows office, medical, financial services, and retail uses.
  • Signalized Corner Exposure – High-visibility intersection with strong traffic counts and excellent access.
  • Strong Frontage & Signage – Prominent frontage on Ironbound Rd and Monticello Ave with strong signage opportunities.
  • Modern Construction – Built in 2005 with institutional-quality improvements and professional design.

Executive Summary

Located within the highly desirable New Town Williamsburg mixed-use district, 4139 Ironbound Road offers investors or owner-users the opportunity to acquire a well-located commercial property within one of the region’s most active live-work-play environments. The property benefits from strong surrounding residential density and a built-in daytime population created by nearby offices, retail, restaurants, and service businesses.
The site occupies a signalized corner with excellent visibility and access, providing strong exposure to passing traffic along Ironbound Road and Monticello Avenue. The building features prominent street frontage and strong signage opportunities, making it well-suited for high-profile professional or service uses seeking visibility in the Williamsburg market.
The 9,158-square-foot two-story building, constructed in 2005, was originally developed as a bank branch and includes three existing drive-through lanes, a highly functional floor plan, and institutional-quality construction. These characteristics provide flexibility for a variety of adaptive reuse opportunities.
The property’s Mixed-Use (MU) zoning allows a wide range of commercial uses including office, medical, financial services, and retail. The existing structure is particularly well suited for medical office redevelopment, including specialty clinics, outpatient care providers, dental practices, or wellness services that benefit from convenient parking, accessibility, and visibility.
The building also lends itself to enterprise-level office users seeking a professional headquarters presence in Williamsburg, such as engineering firms, legal practices, financial services firms, or regional administrative offices. The two-story configuration allows for efficient departmental layout, executive offices, and conference space while maintaining a strong client-facing presence at the ground level.
As part of the New Town commercial district, the property benefits from shared parking and professionally maintained infrastructure, supporting convenient access for employees, patients, and customers.
Overall, the property represents a rare fee-simple ownership opportunity in New Town Williamsburg, combining strong visibility, flexible zoning, and a well-constructed building suitable for a wide range of redevelopment or owner-occupant uses, particularly in the medical office and enterprise office sectors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
9,158 SF
Building Class
B
Year Built
2005
Price
$3,000,000
Price Per SF
$327.58
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.36 AC
Zoning
MU - Mixed Use
Parking
165 Spaces (18.02 Spaces per 1,000 SF Leased)
Frontage
306’ on Monticello Ave

Amenities

  • Atrium
  • Corner Lot
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Nearby Major Retailers

Bonefish Grill
First Watch
Buffalo Wild Wings
Noodles & Company
MOOYAH
Chicken Salad Chick
Truist
Navy Federal Credit Union
Fulton Bank
Pure Barre
  • Listing ID: 39561473

  • Date on Market: 2/24/2026

  • Last Updated:

  • Address: 4139 Ironbound Rd, Williamsburg, VA 23188

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