Search
Open-Plan Retail Building
For Sale
$350,000

257 Carolina Avenue, Suffolk, VA 23434

Commercial/Industrial, Suffolk, VA

Property Size4,834 SF
Lot Size0.53 Acres
Price / SF$72.40
Days on Market144

Property Features for 257 Carolina Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Subdivision ALL OTHERS AREA 62
Standard status Active
Size 4,834 SF
Lot size 0.53 Acres

Taxes and HOA fees

Tax Annual Amount 1200

Building Details

Year built 1940
Roof type Composition
Listing Agency: Fathom Realty
Listed By: Lauranette Godwin
Added: May 15 Changed: Oct 1 Last Checked: Oct 5 at 12:06AM
MLS# 10634796

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant retail building contains 4,834 square feet on a 0.53-acre parcel. The interior is configured with an open floor plan and existing framing for a sanctuary, offices, and bathrooms. Electrical, mechanical, plumbing, and other renovation work remain incomplete, and the property is being sold as-is. A new roof and exterior window build-out are in place. The building dates to 1940 and has a composition roof.

Located in downtown Suffolk, the property includes a parking lot and carries B-2 zoning for business use. It was previously operated as a grocery store, while the current interior layout reflects a partially completed church build-out. The flexible space provides a defined starting point for additional construction and interior completion.

Key Highlights

  • 4,834‑square‑foot retail building on 0.53 acres
  • B‑2 zoning for business use
  • Open floor plan with framing for sanctuary, offices, and bathrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Daycare Center Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Bank of America Shops & Services
4,041 visits/mo 0.2 miles
Wells Fargo Shops & Services
3,510 visits/mo 0.4 miles
Truist Shops & Services
3,430 visits/mo 0.2 miles
Citgo Shops & Services
2,789 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
883 visits/mo 0.1 miles

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - B-2 business zoning, on-site parking, and an unfinished interior allow for a customized commercial build-out.
Where is this retail space located?
The property is located at 257 Carolina Avenue Suffolk, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,834‑square‑foot retail building on 0.53 acres; B‑2 zoning for business use; Open floor plan with framing for sanctuary, offices, and bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again