1812 Granby St, Norfolk, VA 23517
Two-story, 6,926 SF office/former bank branch in Historic Ghent.
- Added:
- Feb 10, 2026
- Days on Market:
- 137
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1812 Granby St
General Information
- Standard status
- Active
- Size
- 6,926 SF
- Lot size
- 0.70 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing office S.L. Nusbaum Realty Co
Listing date Feb 10, 2026
Source Crexi
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 S.L. Nusbaum Realty Co
HighLights
- Prime location in Norfolk's highly desirable Historic Ghent District.
- Substantial 6,926 square foot two‑story building.
- Ample on‑site parking.
- Attractive, well‑maintained exterior façade with strong curb appeal.
- Suitable for a variety of professional uses (former bank branch/office).
- Built in 2009.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.8k | $20.04 |
| − Vacancy | −$11.1k | −$1.60 |
| EGI | $127.7k | $18.44 |
| − OpEx | −$31.9k | −$4.61 |
| NOI | $95.8k | $13.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk
- State
- Virginia
- Longitude
- -76.2856619
- Latitude
- 36.8655605