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Historic Norfolk Building For Sale
For Sale
$975,000

303 W 34th Street, Norfolk, VA 23508

31,645 SF historic landmark building in desirable Ghent Corridor.

Property Size31,645 SF
Lot Size0.68 Acres
Price / SF$30.81
Days on Market132

Property Features for 303 W 34th Street

General Information

Standard status Active
Size 31,645 SF
Lot size 0.68 Acres
Property subtype Specialty
Listing Agency: MacKenzie Commercial Real Estate | Charlottesville
Listed By: Sam P. Orr
Source: Mackenziecommercial
Added: Apr 3 Changed: Jul 10 Last Checked: Aug 11 at 4:37AM

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 MacKenzie Commercial Real Estate | Charlottesville

Investment Insights

Based on property information with market context.

Located in Norfolk, Virginia, 303 W. 34th Street is a historic landmark building encompassing approximately 31,645 square feet. Constructed in 1935, the property is situated on approximately 0.68 acres and is zoned R-11 (Medium-Density Multi-Family). This zoning allows for various adaptive reuse or redevelopment opportunities, including residential, office, or mixed-use concepts. The site is positioned near the Ghent Corridor, noted as one of Norfolk’s most desirable neighborhoods, and offers walkability and proximity to major employers, including Sentara Norfolk General Hospital, CHKD, and Eastern Virginia Medical School. The building features Gothic architecture and prominent visibility, presenting an opportunity for investors or developers seeking a property in a growing urban environment.

Key Highlights

  • Historic landmark building with Gothic architecture in a desirable location.
  • Zoned R‑11, allowing for diverse adaptive reuse or redevelopment (residential, office, mixed‑use).
  • Located near the Ghent Corridor, offering excellent walkability.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Locksmith Nursing Home Tanning Salon

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

1,373
Businesses Nearby

Demographics for 23508, VA

20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 31,645 SF historic landmark building in desirable Ghent Corridor.
Where is this mixed-use property located?
The property is located at 303 W 34th Street Norfolk, VA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Historic landmark building with Gothic architecture in a desirable location.; Zoned R‑11, allowing for diverse adaptive reuse or redevelopment (residential, office, mixed‑use).; Located near the Ghent Corridor, offering excellent walkability.
More about this property
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