Retail Space with
1507 Halstead Avenue, Norfolk, VA 23502
For Lease
$700/Mo
Commercial/Industrial, Norfolk, VA
Space SizeContact for details
Lot Size1.00 Acre
Days on Market54
Property Features for 1507 Halstead Avenue
General Information
Property type
Property subtype
Subdivision
Standard status
Size
Lot size
Amenities
private bathroom
Building Details
Year built
Roof type
Listing Agency:
Gabriel Rapisardi Real Estate
Listed By:
Gabriel Rapisardi
(757) 577-2902
Added: Sep 18
Changed: Oct 2
Last Checked: Nov 10 at 10:06AM
MLS# 10654246
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Investment Insights
Based on property information with market context.
This 500-square-foot retail space occupies a 1930 building with a tar-and-gravel roof. The suite includes a private bathroom, plumbing, electrical service, and individual signage. Recent use was as a hair salon, while the space is also described for office and retail applications.
The property is located at 1507 Halstead Avenue in Norfolk, VA 23502, just off Princess Anne Rd. The parcel is listed at 1 acre, offering a commercial setting for a small-format operation.
The property is located at 1507 Halstead Avenue in Norfolk, VA 23502, just off Princess Anne Rd. The parcel is listed at 1 acre, offering a commercial setting for a small-format operation.
Key Highlights
- 500 square feet of retail space
- Private bathroom within the space
- Plumbing and ample electrical service
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.52 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 25%
Dining 16%
Home Improvements & Furnishings 4%
Piggly Wiggly
Groceries
12,095 visits/mo
0.4 miles
Dollar Tree
Shops & Services
11,028 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,110 visits/mo
0.5 miles
Rally's
Dining
5,522 visits/mo
0.4 miles
Marathon
Shops & Services
3,909 visits/mo
0.5 miles
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value
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Market
Lease Benchmarks for Norfolk, VA
$16.46 /SF/Yr
Avg Asking Price
$9.75–$27.95 /SF/Yr
Price Range
4,212 SF
Avg Space Size
This space is priced 2% above the average of $16.46 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Norfolk, VA
Properties on Market for Retail space in Norfolk
Vacancy Rate% for Retail in Norfolk, VA
Frequently Asked Questions
What type of property is this?
Retail space - Compact commercial space with a private bathroom, plumbing, electrical service, and individual signage.
Where is this retail space located?
The property is located at 1507 Halstead Avenue Norfolk, VA.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: 500 square feet of retail space; Private bathroom within the space; Plumbing and ample electrical service
