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    1231 Boissevain Ave Norfolk, VA 23507

    New
    For Sale
    $775,000

    Purchase,Commercial/Industrial - Norfolk, VA

    Property size:
    2,000 SF
    Lot size:
    0.15 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 1231 Boissevain Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-2
    Parking features
    Off Street
    Interior features
    Inside Storage, Lighting, Public Restrms, Window Treatments
    Exterior features
    Door Sign, Outside Storage
    Size
    2,000 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Heat Pump (Heating), Natural Gas, Other (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1916
    Flooring type
    Concrete, Hardwood
    Building materials
    Brick, Stucco
    Roof type
    Asphalt, Shingle
    Architectural style
    Other
    Additional Structures
    Storage

    Atlantic Sotheby's International Realty (757) 340-5555 [email protected]

    Listing agent Kris Weaver (757) 777-9870

    Listing date Dec 10, 2025

    MLS# 10612966 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Norfolk Property with Restaurant

    This turn-of-the-century property has been transformed into a natural wine bar, vegetarian restaurant, and three bed & breakfast suites. Located in historic Norfolk, the property includes a commercial kitchen, garden patio seating, sunroom porch, and a dry bar lounge. The property has been fully renovated with upgraded electrical, plumbing, heat pump, and fire alarm system. Bed and breakfast guests have a private entrance to the upstairs suites. The property offers the potential to add one more attic room, convert the outdoor shed into event or rental space, and expand operating hours, or host corporate or group events. The property size is 2000 square feet on a lot of 0.15 acres. The zoning is I-2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grandiflora Wine Bar The Big Yellow House Bed & Breakfast

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    411 west york

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.3092198
    Latitude
    36.8653904

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    FAQs

    What type of property is this?
    Bed & breakfast - Turn-key restaurant and bed & breakfast in historic Norfolk.
    Where is this bed & breakfast located?
    The property is located at 1231 Boissevain Ave Norfolk, VA.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Turn-key business opportunity: Natural wine bar, vegetarian restaurant, and three bed & breakfast suites included.; - Fully renovated with upgraded electrical, plumbing, heat pump, and fire alarm system.; - Prime location in the heart of historic Norfolk.
    (757) 777-9870
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1231 Boissevain Ave Norfolk, VA 23507
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