22 days on market
$1,400,000
241 Granby St #10
Norfolk, Virginia 23510
MLS# 10628934 · DOWNTOWN AREA · Norfolk VA
Beds
0
Baths
0
Sq Ft
6,400
$/Sq Ft
$219
Built
1905
Garage
0
Stabilized, turnkey investment in a proven location. Prime investment opportunity in downtown Norfolk's historic district with a long-term tenant already in place. This offering includes the commercial portion of the condominium encompassing the first two floors of the Historic Portlock Building, featuring a spacious two-story restaurant and bar with an additional mezzanine level. One of the largest restaurant footprints in the area, complete with an extensive tap system, the property is well-positioned for sustained tenant success. Investors benefit from immediate income with future upside potential through rent growth and continued demand in this high-traffic, centrally located corridor.
Property Type
Commercial/Industrial
Style
Stories
0
Year Built
1905
Approx Sq Ft
6,400
Bedrooms
0
Full Baths
0
Half Baths
0
Fireplaces
0
Lot Size
0.0288
Location & Street View
241 Granby ST #10, Norfolk
Map and Street View imagery © Google. Imagery may not be current.
About buying in Norfolk
Norfolk offers some of the most diverse housing options in Hampton Roads — historic Ghent townhomes, Larchmont craftsmen, modern downtown condos, and bungalow neighborhoods in Park Place and Colonial Place. As home to Naval Station Norfolk (the largest naval complex in the world) and the headquarters of NATO Allied Command Transformation, the city has consistent demand from active-duty military, DoD civilians, and contractors, making it especially friendly to VA loan buyers.
MLS# 10628934
Data provided by REIN MLS. Information deemed reliable but not guaranteed.