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35-Tenant Shopping Center
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301 W 21st St, Norfolk, VA 23517

Multi-tenant shopping center featuring 35 retail, dining, and professional service spaces in Historic Ghent.

Property Size1,027 SF
Days on Market174

Property Features for 301 W 21st St

General Information

Standard status Active
Size 1,027 SF
Property subtype RETAIL
Listing Agency: Colliers | Norfolk
Listed By: George Fox · License #VA0225079080
Source: Moodyscre
Added: Feb 6 Changed: Jul 30 Last Checked: Jul 30 at 8:58AM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

The Palace Shops and Station is a shopping and dining destination configured as a multi-tenant center with 35 retail shops, eating establishments, and professional services. The property is listed for rent and includes 1,027 square feet.

The center is in the heart of Historic Ghent near downtown Norfolk, situated between Llewellyn Avenue and DeBree Avenue and running from 20th Street to 22nd Street.

For tenants seeking a walkable, retail-forward environment, the property’s concentration of retail, dining, and professional services supports a mixed-use shopping experience within a compact three-block footprint.

Key Highlights

  • 35 retail shops, eating establishments, and professional services
  • 1,027 square feet
  • Located in Historic Ghent near downtown Norfolk

Property Analytics

Current Use

Decorum Furniture Furniture & Home Goods Credit Repair Norfolk ... Financial Advisor Palace Shops & Station Shopping Center & Mall

Suggested Use

Top Pick Nursing Home Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Butcher

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,700
Businesses Nearby
326k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 56% Groceries 24% Shops & Services 17% Electronics 1%
Chick-fil-A Dining
43,656 visits/mo 0.3 miles
Harris Teeter Groceries
38,729 visits/mo 0.4 miles
Aldi Groceries
24,449 visits/mo 0.4 miles
Cook Out Dining
20,035 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,446 visits/mo 0.2 miles

Demographics for 23517, VA

5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
Median Home Value

Market

Vacancy Rate% for Retail in Norfolk, VA

7.9% 2019
9.3% 2020
8.7% 2021
7.9% 2022
6.9% 2023
6.6% 2024
6.6% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Harris Teeter, 1320 Colonial Ave, Norfolk, VA 23517
  • Ghent Market Shoppes — 2200 Colonial Ave, Norfolk, VA 23517
  • Palace Shops & Station — 301 W 21st St, Norfolk, VA 23517
  • Center Shops — 738 W 22nd St, Norfolk, VA 23517
  • 16,000 SF NEW RETAIL — 435 W 24th St, Norfolk, VA 23517

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant shopping center featuring 35 retail, dining, and professional service spaces in Historic Ghent.
Where is this shopping center located?
The property is located at 301 W 21st St Norfolk, VA.
What are key features of this property?
This property features: 35 retail shops, eating establishments, and professional services; 1,027 square feet; Located in Historic Ghent near downtown Norfolk
(757) 333-4380 Call to check price and availability
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