Water Street 3 Land Properties Offered at $3,400,000 in Hampton, VA

• Approximately 3.42 acres including over water
• Zoned P-2, mixed-use, within the Phoebus Master Plan
• Within pleasant walking distance to Phoebus’ entertainment district and to Fort Monroe
• Located on the Phoebus’ waterfront at Wilmer Avenue and Mellen Streets
• Over-water development rights, subject to approvals
• Approximately 10 feet of water depth at dock side
• Unobstructed views of the Chesapeake Bay and James River
• Visible to over 3,000,000 vehicles that cross the Hampton Roads Bridge Tunnel each month (VDOT)
• Connectivity to Hampton Road’s major business and retail centers via Mercury Boulevard, I-64, and I-664
• Within 30 miles of a majority of Hampton Roads’ population of 1.8 million persons
• Within 30 miles of the region’s major employers, including NASA, Langley, the Veteran’s Administration Medical Center, The Port of Virginia, Newport News Shipyard/
Water Street is one of Hampton Roads’ last privately owned deep waterfront mixed-use development sites. It is a gateway property located on the Phoebus waterfront at the Mellen Street bridge leading across Mill Creek to Fort Monroe. Water Street is a landmark, visible to over 3,000,000 vehicles that cross the Hampton Roads Bridge Tunnel each month (Source: VDOT).
New development might include apartments, condominiums, restaurants and hotel, or marine related research and development. The site and zoning allow for waterfront uses and access, while vertical construction will allow unobstructed views of the Chesapeake Bay, Fort Monroe, Old Point Comfort Marina and across the James River to Norfolk.