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Norfolk Mixed-Use Investment Opportunity

2811-2815 Colonial Avenue Norfolk, VA 23508

2811-2815 Colonial Avenue, Norfolk, VA, 23508
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For Sale
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Eleven units, single-family home, and retail space for sale.

Property Size19,545 SF
Lot Size0.86 Acres
Price / SF$97.21
AddedMay 20
Days on Market58
Last RefreshJul 13 at 6:50 am

Property Features for 2811-2815 Colonial Avenue

General Information

Standard status
Active
Size
19,545 SF
Lot size
0.86 Acres
Property subtype
Retail, Multifamily, Mixed Use

Building Details

Year Built
1910

Listing office Marcus & Millichap - Hampton Roads

Listing date May 20, 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 Marcus & Millichap - Hampton Roads


Investment Insights

Based on property information with market context.

The property at 2811-2815 Colonial Avenue & 509 W 29th Street in Norfolk, VA, presents a mixed-use investment opportunity. Constructed in 1910 and 1981, the property is situated on 0.86 acres and comprises eleven units, a single-family home (SFH), and a retail space. The unit mix includes eight one-bedroom, one-bathroom units and three two-bedroom, one-bathroom units, in addition to the retail space. The total property size is 19545 square feet.

Key Highlights

  • Diverse income streams from eleven units, a single‑family home (SFH), and a retail space.
  • Located in Norfolk, VA.
  • Mix of unit types: eight 1‑bedroom/1‑bathroom units and three 2‑bedroom/1‑bathroom units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Dental Office Carpet & Flooring Store Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Locksmith Butcher Pet Grooming Service Tanning Salon Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Eleven units, single-family home, and retail space for sale.
Where is this mixed-use property located?
The property is located at 2811-2815 Colonial Avenue Norfolk, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Diverse income streams from eleven units, a single‑family home (SFH), and a retail space.; Located in Norfolk, VA.; Mix of unit types: eight 1‑bedroom/1‑bathroom units and three 2‑bedroom/1‑bathroom units.
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