Downtown Office Building with River
For Sale
Contact for pricing
101 West Main Street, Norfolk, VA 23510
Prestigious nine-floor office building with unobstructed Elizabeth River and Downtown views, full-service amenities, and 24/7 security.
Property Size367,000 SF
Price / SF$0.00
Days on Market138
Property Features for 101 West Main Street
General Information
Standard status
Active
Size
367,000 SF
Class
A
Property subtype
Office
Lease Term
Full Service
Building Details
Building Size
367,000 SF
Stories
9
Properties For Sale
at 101 West Main Street Contact us| Name | Size | Type | Rate | Availability | |
|---|---|---|---|---|---|
| Suite 180 | 1,690 SF | Office Building | — | — | Contact us |
| Suite 3500 | 1,897 SF | Office Building | — | — | Contact us |
| Suite 3800 | 1,881 SF | Office Building | — | — | Contact us |
| Suite 400 | 8,709 SF | Office Building | — | — | Contact us |
| Suite 415 | 1,639 SF | Office Building | — | — | Contact us |
| Suite 420 | 4,507 SF | Office Building | — | — | Contact us |
| Suite 480 | 2,424 SF | Office Building | — | — | Contact us |
| Suite 5300 | 1,716 SF | Office Building | — | — | Contact us |
| Suite 6900 | 12,712 SF | Office Building | — | — | Contact us |
| Suite 7100 | 4,859 SF | Office Building | — | — | Contact us |
| Suite 725 | 1,423 SF | Office Building | — | — | Contact us |
| Suite 730 | 1,226 SF | Office Building | — | — | Contact us |
| Suite 7770 | 5,024 SF | Office Building | — | — | Contact us |
| Suite 910 | 2,667 SF | Office Building | — | — | Contact us |
| Suite 9100 | 4,485 SF | Office Building | — | — | Contact us |
| Suite 920 | 3,651 SF | Office Building | — | — | Contact us |
Show all 16 spaces
Listing Agency:
Divaris Real Estate - Hampton Roads
Listed By:
Krista Costa
(757) 333-4356
Source:
Divaris
Added: Jun 2
Changed: Oct 10
Last Checked: Oct 16 at 7:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Divaris Real Estate - Hampton Roads
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The World Trade Center at “Main and Main” presents a nine-floor office building offering varying availabilities from 1,226 to 15,640 square feet. Each office is described as providing unobstructed views of the Elizabeth River, Town Point Park, or Downtown Norfolk. Building amenities are designed for day-to-day convenience and tenant experience, including a Town Point Club, 24/7 security, on-site concierge, and an on-site gym. The building also offers conferencing facilities, an on-site ATM, and on-site management, supported by a leasing and engineering team.
Located in the Financial District of Downtown Norfolk at 101 West Main Street, the property places tenants in the heart of the area’s daytime and evening options. The remarks note that with a short walk, occupants can enjoy Downtown Norfolk amenities, including lunch options and music and arts activities.
For tenants or buyers seeking a professionally managed, amenity-forward office setting with strong sightlines, the World Trade Center’s range of floor and suite sizes may support a variety of professional uses. The combination of concierge service, 24/7 security, and conferencing facilities can be particularly appealing to teams that value client-ready space and an established downtown workplace environment.
Located in the Financial District of Downtown Norfolk at 101 West Main Street, the property places tenants in the heart of the area’s daytime and evening options. The remarks note that with a short walk, occupants can enjoy Downtown Norfolk amenities, including lunch options and music and arts activities.
For tenants or buyers seeking a professionally managed, amenity-forward office setting with strong sightlines, the World Trade Center’s range of floor and suite sizes may support a variety of professional uses. The combination of concierge service, 24/7 security, and conferencing facilities can be particularly appealing to teams that value client-ready space and an established downtown workplace environment.
Key Highlights
- Nine‑floor World Trade Center office building in Downtown Norfolk at "Main and Main"
- Available office spaces range from 1,226 SF to 15,640 SF
- Each office offers unobstructed views of the Elizabeth River, Town Point Park, or Downtown Norfolk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,264
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,325,280
$4.3M
Cap Rate 7%
$3,089,486
$3.1M
Cap Rate 9%
$2,402,933
$2.4M
Market Conditions
NOI Build-Up for 15,640 SF
Gross rent
$313.4K $20.04/SF
− Vacancy
−$25.1K −$1.60/SF
EGI
$288.4K $18.44/SF
− OpEx
−$72.1K −$4.61/SF
NOI
$216.3K $13.83/SF
Area
Norfolk, VA
Vacancy
8.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,325,280
Cap Rate 7%
$3,089,486
Cap Rate 9%
$2,402,933
Alternative Uses
Best Use
Office B
$3.09M
$2.70M – $3.60M
NOI $216,264 @ 7.0% cap · market cap 800,977.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.32M
$2.90M – $3.87M
NOI $232,246 @ 7.0% cap · market cap 860,170.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,731
Businesses Nearby
Explore this area
Business Placement
Demographics for 23510, VA
8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Prestigious nine-floor office building with unobstructed Elizabeth River and Downtown views, full-service amenities, and 24/7 security.
Where is this office building located?
The property is located at 101 West Main Street Norfolk, VA.
What are key features of this property?
This property features: Nine‑floor World Trade Center office building in Downtown Norfolk at "Main and Main"; Available office spaces range from 1,226 SF to 15,640 SF; Each office offers unobstructed views of the Elizabeth River, Town Point Park, or Downtown Norfolk
