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    Norfolk, VA

    Norfolk, VA Commercial Real Estate for Sale

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    92 properties
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    Flex Space with Three Bay Doors
    Updated: Oct 2
    Flex Space with Three Bay Doors

    860 45th Street, Norfolk, VA 23508

    $749,900
    12,620 sqft 0.40 AC lot
    12,620‑square‑foot flex property on a 0.4016‑acre parcel
    Three bay doors and a dedicated office area
    Multiple power supplies
    Interior may be divided into multiple units
    I‑2 zoning
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    Mixed-Use Property with Multiple Entrances
    Updated: Aug 18
    Mixed-Use Property with Multiple Entrances

    2474 E Little Creek Road, Norfolk, VA 23518

    $550,000
    4,110 sqft 0.30 AC lot
    4,110 square feet of commercial space on 0.2954 acres
    C‑1 zoning in Norfolk, VA
    Separate front, side, and rear entrances
    Front and rear parking areas
    Existing plumbing and commercial infrastructure
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    Renovated Bar and Pub Building
    Renovated Bar and Pub Building

    731 Granby Street, Norfolk, VA 23510

    $1,375,000
    4,132 sqft 0.07 AC lot

    D-4-zoned property with a bar, kitchen, mezzanine, and established tenants in occupancy.

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    See hot listings in Norfolk

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Industrial Flex Building with Fenced Yard
    Industrial Flex Building with Fenced Yard

    1553 Alder Street, Norfolk, VA 23502

    $850,000
    6,752 sqft 0.40 AC lot

    A combination of warehouse, showroom, office, and outdoor storage areas supports a range of industrial operations.

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    Freestanding Storefront Shell
    Freestanding Storefront Shell

    925 E little creek rd, Norfolk, VA 23518

    $105,000
    1,936 sqft 0.23 AC lot

    C-2-zoned commercial building with new framing, two curb cuts, and flexibility for retail, food service, office, and personal-service uses.

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    Two-Story Bar and Pub
    Two-Story Bar and Pub

    241 Granby Street, Norfolk, VA 23510

    $1,400,000
    6,400 sqft 0.03 AC lot

    Commercial condominium space features a mezzanine, restaurant buildout, and a long-term tenant in place.

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    Auto Repair Shop with Service Bays
    Auto Repair Shop with Service Bays

    1231 Norview Avenue, Norfolk, VA 23513

    $1,400,000
    2,200 sqft 0.65 AC lot

    Operational automotive service property with multiple bays, parking, reception, storage, and C-2 zoning.

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    Flexible Commercial Space with Multiple Entrances
    Flexible Commercial Space with Multiple Entrances

    2474 E Little Creek Rd, Norfolk, VA 23518

    $550,000
    12,868 sqft

    C-1 zoning, separate entrances, and parking at the front and rear support flexible occupancy.

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    Multi-Tenant Office Building
    Multi-Tenant Office Building

    1761 Church Street, Norfolk, VA 23504

    $1,200,000
    10,500 sqft 0.50 AC lot

    CSECPD-zoned office property with multiple occupant types and separately metered units.

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    Equipped Conventional Restaurant
    Equipped Conventional Restaurant

    1766 E Little Creek Road, Norfolk, VA 23518

    $90,000
    1,100 sqft 0.50 AC lot

    Existing kitchen equipment, furnishings, and inventory convey with the sale.

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    Renovated Bar & Pub Building
    Renovated Bar & Pub Building

    731 Granby St, Norfolk, VA 23510

    $1,375,000
    4,132 sqft

    Renovated commercial space includes a bar, kitchen, mezzanine, upgraded systems, and existing tenants.

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    Equipped Restaurant With Banquet Room
    Equipped Restaurant With Banquet Room

    331 E Bayview Boulevard, Norfolk, VA 23503

    $90,000
    2,500 sqft 0.78 AC lot

    Business-only offering with a commercial kitchen, full-service bar, dining area, and private-event space.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    5010 Princess Anne Road E, Norfolk, VA 23502

    $1,098,491
    17,500 sqft 0.45 AC lot

    C-C-zoned property combines commercial storefronts, office areas, and residential occupancy in a multi-level configuration.

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    20-Suite Neighborhood Shopping Center
    20-Suite Neighborhood Shopping Center

    801 East 26th Street, Norfolk, VA 23504

    $1,750,000
    27,672 sqft

    Neighborhood retail and service tenants include a laundromat and convenience store with long-term lease commitments.

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    C-1 Commercial Land
    C-1 Commercial Land

    1500 E PRINCESS ANNE Road, Norfolk, VA 23505

    $120,000
    0.22 AC lot

    A parking-lot configuration and C-1 zoning define the site’s current commercial use and land-use designation.

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    C-2 Commercial Land with Structure
    C-2 Commercial Land with Structure

    3816 Granby Street, Norfolk, VA 23504

    $395,000
    3,519 sqft 0.10 AC lot

    An existing one-story building has been cleared internally, leaving the interior ready for a future build-out.

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    Light Industrial Warehouse with Office
    Light Industrial Warehouse with Office

    2506 Colley Avenue, Norfolk, VA 23517

    $850,000
    11,591 sqft

    Freestanding two-story building with office space, grade-level loading, and fenced secure outdoor storage.

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    Waterfront Commercial Land
    Waterfront Commercial Land

    3004 E Ocean View Avenue, Norfolk, VA 23518

    $3,500,000
    1.80 AC lot

    Existing residential improvements and a storage building are conveyed as-is on a waterfront parcel.

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    Flex Space With Grade-Level Doors
    Flex Space With Grade-Level Doors

    3002 Arizona Ave, Norfolk, VA 23513

    $1,400,000
    21,541 sqft 0.62 AC lot

    Industrial facility combining warehouse, fabrication, and office areas with three-phase electrical service and adaptable operational space.

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    C2 Storefront with Parking
    C2 Storefront with Parking

    1501 E Little Creek Road, Norfolk, VA 23518

    $895,000
    2,987 sqft 0.72 AC lot

    C2 zoning supports restaurant, business, and retail uses.

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    Freestanding Storefront Shell
    Freestanding Storefront Shell

    925 E. little creek rd, Norfolk, VA 23518

    $105,000
    1,936 sqft 0.23 AC lot

    C-2 zoning supports restaurant, retail, personal service, office, banking, and medical office uses.

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    Cleared Urban Development Lot
    Cleared Urban Development Lot

    439 Granby Street, Norfolk, VA 23510

    $425,000
    0.06 AC lot

    Cleared commercial land with D-3 zoning, surrounded by established buildings, restaurants, and local businesses.

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    Office Building with Available Space
    Office Building with Available Space

    951-957 W 21st Street, Norfolk, VA 23518

    $2,595,000
    12,834 sqft

    Commercial property offers flexible suites, dedicated signage opportunities, and additional parking along a busy commercial corridor.

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    Three-Lot Commercial Land
    Three-Lot Commercial Land

    2700 Granby Street, Norfolk, VA 23517

    $150,000

    The parcels occupy a street corner near Tide Light Rail and carry C-C zoning.

    View details
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    Norfolk, VA Commercial Real Estate Market Trends and Statistics

    Explore 92 commercial real estate for sale in Norfolk, VA, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 1,470,850 square feet of properties for sale, with an estimated market value of $51,131,790.

    Sale prices for business properties in Norfolk, VA start at $42,900, averaging $1,162,086, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Norfolk, VA CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 235K
    Population Growth (5Y) -4.3%
    Median Household Income $64,747
    College Educated 29.0%

    High-Yield Neighborhoods for Investment

    Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23505 $63.7K
    23503 $67.5K
    23517 $287.5K
    23509 $399.5K
    23508 $636K

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $9.43 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Norfolk city

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Norfolk city

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23518
    • 23510
    • 23502
    • 23513
    • 23504
    • 23517
    • 23503
    • 23505
    • 23508
    • 23523

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: 17575872800
    www.judyboonerealty.com
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