Home/Virginia/Norfolk/WILLOW TERRACE/1512 E Bayview BLVD, NORFOLK VA 23503
1512 E Bayview BLVD, NORFOLK VA 23503 - Main photo
1512 E Bayview BLVD, NORFOLK VA 23503 - Photo 2
Coming Soon
Active
Under Contract
Sold
Off Market

57 days on market

$389,000

1512 E Bayview Blvd

Norfolk, Virginia 23503

MLS# 10616235 · WILLOW TERRACE · Norfolk VA

Updated Mar 12, 2026 · Source: REIN MLS

Est. payment

$2,338/mo

Edit below

Price / sq ft

$228

1,708 sq ft

Days on market

57

HOA

None

Year built

1950

76 yrs old

Beds

0

Full Baths

0

Half Baths

0

Sq Ft

1,708

Garage

No

Commercial/Industrial1 StorySingle Family

About this home

Ideal for Ghost Kitchen! This versatile commercial property is exceptionally suited for use as a ghost kitchen, commissary kitchen or food production hub. Unlock the potential of this well-located commercial property previously operated as a catering business. Situated on Bayview Boulevard, this building is suited for entrepreneurs seeking a versatile space with good visibility. Full Kitchen with hood system, ample p…

Listed by Christy Allen · Real Broker LLC

Location & Neighborhood

Places within ~1 mile, ordered by distance from this property. Powered by Google Places.

Flood Risk

Looking up FEMA flood zone…

Property Details

Bedrooms

0

Full Baths

0

Half Baths

0

Approx Sq Ft

1,708

Stories

1

Fireplaces

0

Flooring

Laminate/LVP

Heating

Heat Pump

Cooling

Central Air,Other

Laundry

Interior Features

N/A

Sale & Tax History

List Price

$389,000

Price / Sq Ft

$228

Annual Taxes

$2,478

Monthly Tax

$207

HOA

None

Tax Rate (effective)

0.64%

Sale Timeline (this listing)

EventDatePriceDetail
ListedMar 13, 2026$389,000
Currently listed$389,000

Public-Records Assessment

Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.

83% above assessment

Total Assessed

$212,600

Land

$110,000

Improvement

$102,600

Parcel ID: 1540571964 · View on city GIS portal

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Norfolk Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

About buying in Norfolk

Homes for sale in Norfolk, VA range from historic district townhouses in Ghent (23507) and waterfront condos along the Elizabeth River to ranch-style family homes in Larchmont, Lochaven, and Lafayette-Winona. As the cultural and economic heart of Hampton Roads, Norfolk offers something for nearly every buyer: $200K starter homes in Ocean View (23503, 23518), $400K-$600K Craftsman bungalows in Ghent and West Ghent (23517), executive homes near Old Dominion University (23508), and luxury riverfront properties in Larchmont and Algonquin Park. Norfolk's biggest employer is Naval Station Norfolk — the largest naval base in the world — and the city is also home to Norfolk Naval Shipyard, Eastern Virginia Medical School, Old Dominion University, and Norfolk State University. The active-duty military and academic communities drive steady year-round demand. Public schools include Maury High School in Ghent and Granby High School in Ocean View, and historically strong specialty programs at the Governor's School for the Arts. Buyers searching the 23510 (downtown) and 23508 (West Ghent / ODU corridor) ZIP codes will find the strongest mix of urban walkability and historic architecture; 23503 and 23518 (Ocean View) offer the most affordable waterfront entry points in Hampton Roads. The Norfolk MLS inventory below updates every 5 minutes from the REIN feed.

See more Norfolk homes for sale →

Military Commute

Drive times to nearest bases

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

Estimate your monthly payment

$2,338/mo

Principal & interest

$2,018

Property tax

$207

Home insurance

$113

PMI

None

HOA

None

Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Listed by Real Broker LLC · MLS# 10616235

Data provided by REIN MLS. Information deemed reliable but not guaranteed.

OFF MARKET

$389,000

1512 E Bayview BLVD, NORFOLK VA 23503

Norfolk, Virginia 23503

Request Info

Quick Facts

TypeCommercial/Industrial
Year Built1950
Lot Size0.2500
Taxes$2,478/yr
HOANone
HeatingHeat Pump
CoolingCentral Air,Other