702 days on market
$1,395,000
731 Granby Street
Norfolk, Virginia 23510
MLS# 10537079 · DOWNTOWN AREA · Norfolk VA
Updated Jun 4, 2025 · Source: REIN MLS
Est. payment
$7,915/mo
Edit below
Price / sq ft
$338
4,132 sq ft
Days on market
702
HOA
None
Year built
1916
110 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
4,132
Garage
No
About this home
Exquisite COMMERCIAL Building boasting captivating elegance and timeless charm that leaves a lasting impression on owners and customers alike. METICULOUSLY renovated in 2017, this stunning property offers a seamless TURNKEY business opportunity with established tenants already in occupancy. The renovations encompassed every detail, featuring a brand-new bar, walls, mezzanine, light fixtures, bathrooms, kitchen, elect…
This 1916 commercial building in downtown Norfolk is listed at $1.395 million ($338 per square foot) and has been on the market for 702 days. The 4,132-square-foot property was comprehensively renovated in 2017 and currently operates as a turnkey business with established tenants in place. Located in Norfolk's downtown area, the building is positioned near ongoing redevelopment including the Greyhound Bus station conversion project.
Summary generated by AI from public records and publicly available information.
Listed by Allen Bynum · BHHS RW Towne Realty
Location & Neighborhood
Location & Street View
731 Granby Street, Norfolk
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Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
4,132
Stories
0
Fireplaces
0
Flooring
Concrete, Other
Heating
Electric
Cooling
Central Air
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$1,395,000
Price / Sq Ft
$338
Annual Taxes
$3,233
Monthly Tax
$269
HOA
None
Tax Rate (effective)
0.23%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Jun 6, 2024 | $1,395,000 | — |
| Currently listed | — | $1,395,000 | — |
Public-Records Assessment
Source: Norfolk via Hampton Roads Regional Parcels. Fetched May 8, 2026.
Total Assessed
$236,400
Land
$79,000
Improvement
$157,400
Parcel ID: 1427988415 · 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:
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
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.
Military Commute
Drive times to nearest basesDrive 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
$7,915/moPrincipal & interest
$7,238
Property tax
$269
Home insurance
$407
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 BHHS RW Towne Realty · MLS# 10537079
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,395,000
731 Granby Street, Norfolk VA 23510
Norfolk, Virginia 23510
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