24-Unit Mixed-Use
For Sale
Contact for pricing
Pending
1140 Hugo St, Norfolk, VA 23513
Combined residential and storefront space supports a diversified occupancy profile in Norfolk.
Property SizeContact for details
Days on Market142
Property Features for 1140 Hugo St
General Information
Standard status
Pending
Property subtype
Mixed Use, Multifamily, Retail
Occupancy
95%
Additional Details
Multifamily Units
20
Building Details
Buildings
1
Listing Agency:
FI Real Estate, LLC
Listed By:
Steven Serio · License #0225229300
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:08PM
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 FI Real Estate, LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines 24 total units, including 20 residential units and 4 commercial storefronts. The configuration brings apartment and retail components together within one income-producing asset at 1140 Hugo St in Norfolk, Virginia.
The property is 95% occupied, with both residential and commercial space represented in the unit mix. Its existing combination of housing and storefronts provides a clear operating profile for an owner seeking a mixed-use building with established occupancy.
The property is 95% occupied, with both residential and commercial space represented in the unit mix. Its existing combination of housing and storefronts provides a clear operating profile for an owner seeking a mixed-use building with established occupancy.
Key Highlights
- 24 total units with 20 residential units and 4 commercial storefronts
- 95% occupied mixed‑use property
- Includes commercial storefront space alongside residential units
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
95%
Occupancy
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 23513, VA
29,105
Population
13,040
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
5,707
Density / Sq Mi
$66,875
Median Household Income
$39,547
Median Earnings
$1,187
Median Rent
$226,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combined residential and storefront space supports a diversified occupancy profile in Norfolk.
Where is this mixed-use property located?
The property is located at 1140 Hugo St Norfolk, VA.
What are key features of this property?
This property features: 24 total units with 20 residential units and 4 commercial storefronts; 95% occupied mixed‑use property; Includes commercial storefront space alongside residential units
