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    211 W 24Th St Norfolk, VA 23517

    For Lease
    $4,500,000

    30,470 SF industrial space, ideal for brewery or manufacturing.

    Property size:
    30,470 SF
    Lot size:
    1.20 Acres

    Property Features for 211 W 24Th St

    General Information

    Size
    30,470 SF
    Lot size
    1.20 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Chris Zarpas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norfolk Industrial Space For Lease

    Originally constructed in 1956 and renovated in 2023, this 30,470 square foot space is situated in Norfolk’s West Norfolk submarket, offering accessibility and visibility. The property is zoned I-L (Light Industrial), allowing for a range of commercial and industrial applications. The expansive interior features high ceilings, loading docks, and ample storage capacity. Previously operated as a full-scale brewery, tasting room, event venue, and warehouse, it is equipped for beverage production or similar uses, and is ideal for brewery operations, manufacturing, distribution, or adaptive reuse.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bar Bays Golf ... Indoor Golf Course Bar Bays Recreation Center Armed Forces Brewing ... Brewery

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2862339
    Latitude
    36.8700299

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    FAQs

    What type of property is this?
    Brewery - 30,470 SF industrial space, ideal for brewery or manufacturing.
    Where is this brewery located?
    The property is located at 211 W 24Th St Norfolk, VA.
    What are key features of this property?
    This property features: - Renovated in 2023 for enhanced functionality and modern appeal.; - 30,470 SF of versatile space suitable for brewery operations, manufacturing, distribution, or adaptive reuse.; - Previously operated as a full-scale brewery, tasting room, event venue, and warehouse.
    (757) 237-7500
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    211 W 24Th St Norfolk, VA 23517
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    Norfolk, VA 23517
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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
    211 W 24Th St Norfolk, VA 23517
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