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    151-155 Granby St Norfolk, VA 23510

    For Lease
    Contact for pricing

    Second generation restaurant space in Downtown Norfolk for lease.

    Property size:
    2,000 SF
    Lot size:
    0.13 Acres

    Property Features for 151-155 Granby St

    General Information

    Size
    2,000 SF
    Lot size
    0.13 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Murray Rosenbach

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

    Overview

    Downtown Norfolk Restaurant Space Available

    This is a second-generation restaurant space located in the heart of Downtown Norfolk. The Downtown Norfolk submarket includes 2,682 apartment units, with an additional 537 units under construction, and a vacancy rate of 5%. The property is in close proximity to Tidewater Community College, The Hilton Main hotel, and The Glass Light hotel. Neighboring tenants include Famous Uncle Al’s, Moe’s, Starbucks, The General Public, and an ABC Store. The property size is 2,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    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.

    Similar Places Nearby

    The Dessertarian, Cloud90 LLC, Tracey Holmes Catering

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2918867
    Latitude
    36.8476879

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    FAQs

    What type of property is this?
    Restaurant - Second generation restaurant space in Downtown Norfolk for lease.
    Where is this restaurant located?
    The property is located at 151-155 Granby St Norfolk, VA.
    What are key features of this property?
    This property features: - Second generation restaurant space in Downtown Norfolk; - High-density residential area: 2,682 apartment units with 537 under construction; - Low vacancy rate: Only 5% in the Downtown Norfolk submarket
    (757) 627-8611
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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
    151-155 Granby St Norfolk, VA 23510
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