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    241 Granby St Norfolk, VA 23510

    For Lease
    $28 SF/Yr ($14,933 /Mo)

    Lease,Commercial/Industrial-lease - Norfolk, VA

    Property size:
    6,400 SF
    Lot size:
    0.03 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 241 Granby St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D-3
    Interior features
    Fire Sprinkler Sys, Inside Storage, Lighting, Security Sys/Lease
    Exterior features
    Pole Sign
    Size
    6,400 SF
    Lot size
    0.03 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1905
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Other

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

    Listing agent Kris Weaver (757) 777-9870

    Listing date Nov 18, 2025

    MLS# 10596334 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

    Downtown Norfolk Restaurant/Bar Space

    This 6,400 square-foot commercial space in downtown Norfolk is available for lease. The property is currently configured as a restaurant and bar, featuring a ground-floor bar area, a mezzanine dining space, and a third-floor private lounge with its own dedicated bar. A large commercial kitchen is equipped for catering or ghost-kitchen operations. The existing FF&E, including walk-in beer coolers, conveys in as-is condition. The property is zoned D-3 and offers ample potential for various restaurant and bar concepts.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Building Supply Gym & Fitness Clothing Store

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

    Similar Places Nearby

    Waterside District, PBR Norfolk A Coors Banquet Bar, Rocky Mountain Grill, Miracle at Waterside District, The Harbor Club

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2911549
    Latitude
    36.8491628

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    FAQs

    What type of property is this?
    Bar - 6,400 SF restaurant/bar with commercial kitchen for lease.
    Where is this bar located?
    The property is located at 241 Granby St Norfolk, VA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Large 6,400 SF restaurant/bar space in downtown Norfolk.; - Includes ground-floor bar, mezzanine dining, and third-floor private lounge with dedicated bar.; - **Large commercial kitchen suitable for catering or ghost-kitchen operations.**
    (757) 777-9870
    Request Owner's contact information
    241 Granby St Norfolk, VA 23510
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    Norfolk, VA 23510
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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
    241 Granby St Norfolk, VA 23510
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