Flex Building with Bay
For Sale
$775,000
860 45th Street, Norfolk, VA 23508
Commercial/Industrial, Norfolk, VA
Property Size12,620 SF
Lot Size0.40 Acres
Price / SF$61.41
Days on Market160
Property Features for 860 45th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-2
Subdivision
HIGHLAND PARK WEST
Standard status
Active
Size
12,620 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
5868
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1940
Listing Agency:
Atlantic Sothebys Int'l Realty · Sotheby's International Realty
(757) 777-9870
Listed By:
Kris Weaver
(757) 340-5555
Added: Mar 25
Changed: Aug 20
Last Checked: Aug 31 at 1:06PM
MLS# 10626747
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Investment Insights
Based on property information with market context.
The 12,620-square-foot flex building, constructed in 1940, combines a dedicated office area with three large bay doors and multiple power supplies. The configuration supports industrial or warehouse operations, while the interior may be divided into multiple units. Central air and heat-pump heating are in place.
Outdoor space provides room for storage or parking. The property is located at 860 45th Street in Norfolk, Virginia, near Old Dominion University and within minutes of the campus. I-2 zoning is in place.
Outdoor space provides room for storage or parking. The property is located at 860 45th Street in Norfolk, Virginia, near Old Dominion University and within minutes of the campus. I-2 zoning is in place.
Key Highlights
- 12,620 square feet of flex and industrial space
- Three large bay doors support warehouse and industrial access
- Dedicated office area within the building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23508, VA
20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Cloud90 LLC — 200 W 31st St, Norfolk, VA 23504
- Tracey Holmes Catering — 4408 Colley Ave, Norfolk, VA 23508
- Aramark — 1200 Webb Ctr, Norfolk, VA 23529
Frequently Asked Questions
What type of property is this?
Flex space - I-2-zoned flex property combines office space, industrial bays, and outdoor storage or parking.
Where is this flex space located?
The property is located at 860 45th Street 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: 12,620 square feet of flex and industrial space; Three large bay doors support warehouse and industrial access; Dedicated office area within the building
