Norfolk Multi-Tenant Office
For Sale
$1,200,000
1761 Church St, Norfolk, VA 23504
Fully leased office building in Norfolk's growing innovation corridor.
Property Size10,500 SF
Price / SF$114.29
Days on Market168
Property Features for 1761 Church St
General Information
Standard status
Active
Size
10,500 SF
Building Details
Year Built
2006
Listing Agency:
EXIT Realty Central
Listed By:
Timothy Churchwell
Source:
Distinctlyrealestate
Added: Mar 27
Changed: Sep 8
Last Checked: Sep 9 at 10:13PM
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 EXIT Realty Central
Investment Insights
Based on property information with market context.
The property at 1761 Church Street is a fully leased, multi-tenant office building, offering stable income and long-term upside. Constructed in 2006 and professionally maintained, the single-story building contains between 10,448 and 10,500 square feet. The building is located at the intersection of Church Street and 18th Street in Norfolk, within a federally designated HUBZone and an Opportunity Zone. The HUBZone designation offers advantages for businesses pursuing government contracts, making the location attractive to service providers, medical practices, transportation groups, and professional firms seeking proximity to downtown, the naval base, and major employment centers. The property is 100% leased with a mix of regional transportation, medical, mental health, and contractor tenants. The building has flexible floorplans, private entrances, and separately metered units. There are 26 parking spaces, offering a ratio of 2.46 spaces per 1,000 square feet. The location provides access to downtown Norfolk, major roadways, and surrounding residential neighborhoods. The building features modern construction, a brick exterior, central air, and efficient mechanical systems.
Key Highlights
- 100% Leased Multi‑Tenant Building: Provides diversified and resilient income streams.
- HUBZone Designation: Offers significant competitive advantages for tenants engaged in federal contracting.
- Opportunity Zone Location: Creates potential tax benefits for qualifying investors.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
Demographics for 23504, VA
22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Fully leased office building in Norfolk's growing innovation corridor.
Where is this office building located?
The property is located at 1761 Church St Norfolk, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 100% Leased Multi‑Tenant Building: Provides diversified and resilient income streams.; HUBZone Designation: Offers significant competitive advantages for tenants engaged in federal contracting.; Opportunity Zone Location: Creates potential tax benefits for qualifying investors.
