Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    321 E Main St Norfolk, VA 23523

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $25 SF/Yr ($11,802 /Mo)

    First floor retail space with large outdoor patio available.

    Property size:
    5,665 SF
    Lot size:
    1.49 Acres

    Property Features for 321 E Main St

    General Information

    Size
    5,665 SF
    Lot size
    1.49 Acres

    Source: JMS Commercial Agent John Merenda

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

    Overview

    Retail Space with Outdoor Patio

    This retail space offers 3,426 square feet of contiguous first-floor space, complemented by a large outdoor patio. An additional lower level is available for a larger concept. The property is situated in close proximity to Hilton, Marriott, and Sheraton hotels, and benefits from a high concentration of employees, with over 4,000 within a one-block radius. Located just two blocks from Norfolk's Central Business District, which houses over 30,000 employees, the retail space also sits beneath 269 apartment units, accommodating 425 residents. Garage and on-street parking options are available. The location provides convenient access to light rail and various Norfolk attractions. The total property size is 5,665 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Icon Norfolk Apartments Apartment Complex Amicy Multimedia and Marketing ... Marketing Agency Virginia Community Capital Non-Profit Organization Sunset Street Clothing Clothing Store James H. Nottingham ... Dentist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2896511
    Latitude
    36.8455559

    Nearby Similar for Lease

    • $28 SF/Yr
      6,400 SF

      Downtown Norfolk Restaurant/Bar Space

      6,400 SF restaurant/bar with commercial kitchen for lease.
      241 Granby St, Norfolk, VA 23510
      View Details
    • $7 SF/Yr
      13,000 SF

      Norfolk Industrial Warehouse Space Available

      Industrial warehouse space with office, easy access, and ample parking.
      2850 Cromwell Rd, Norfolk, VA 23509
      View Details
    • $6,000 /Mo
      3,000 SF

      Office Space with Included Utilities

      First floor office suites with amenities and included utilities.
      6024 Virginia Beach Blvd, Norfolk, VA 23502
      View Details
    • $1.78 SF/Yr
      3,200 SF

      Office Space with Ample Parking

      Office spaces for lease, conveniently located near amenities.
      1512 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • Contact for pricing
      1,500 SF

      Norfolk Retail Space for Lease

      Grocery-anchored shopping center space available in Norfolk, Virginia.
      2300-2376 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • $22 SF/Yr
      6,757 SF

      Class A Office Space Norfolk

      Class A office building in Norfolk's financial district.
      300 E Main St, Norfolk, VA 23510
      View Details

    FAQs

    What type of property is this?
    Retail space - First floor retail space with large outdoor patio available.
    Where is this retail space located?
    The property is located at 321 E Main St Norfolk, VA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic location: over 4,000 employees within 1 block and 30,000+ in the Central Business District.; - 269 apartment units above the retail space, providing a built-in customer base of 425 residents.; - **3,426 sq ft of contiguous first-floor retail space with a large outdoor patio.**
    (757) 560-5476
    Request Owner's contact information
    321 E Main St Norfolk, VA 23523
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 E Main St
    Norfolk, VA 23523
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    321 E Main St Norfolk, VA 23523
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.