Furnished Dry Cleaning Retail
For Lease
$2,000/Mo
331 E Bayview Boulevard, Norfolk, VA 23503
Commercial/Industrial, Norfolk, VA
Space Size2,118 SF
Lot Size0.78 Acres
Days on Market155
Property Features for 331 E Bayview Boulevard
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C-2
Subdivision
BAYVIEW BEACH
Directions
Off of Tidewater Drive
Standard status
Active
Size
2,118 SF
Lot size
0.78 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1960
Listing Agency:
Abrams Realty
(757) 644-3800
Listed By:
Teresa Hagerman · License #22638
(757) 642-0118
Added: May 9
Changed: Oct 1
Last Checked: Oct 10 at 6:06AM
MLS# 10634636
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Investment Insights
Based on property information with market context.
This 2,118-square-foot retail space is configured for dry-cleaning operations and is offered with furnishings and equipment already in place. The property was built in 1960 and includes central air conditioning and electric heat. A minimum three-year lease applies, with no CAM charges; the tenant is responsible for gas, electric, and water utilities.
The property is located at 331 E Bayview Boulevard in Norfolk, off Tidewater Drive. Little Creek and Norfolk Naval Station are minutes away, providing nearby military and coastal-area context for the site. The C-2 zoning designation supports its commercial positioning.
The property is located at 331 E Bayview Boulevard in Norfolk, off Tidewater Drive. Little Creek and Norfolk Naval Station are minutes away, providing nearby military and coastal-area context for the site. The C-2 zoning designation supports its commercial positioning.
Key Highlights
- 2,118‑square‑foot retail space with dry‑cleaning equipment and furnishings
- C‑2 zoning for a commercial retail setting
- No CAM charges; tenant pays gas, electric, and water
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
13,656 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,817 visits/mo
0.1 miles
Demographics for 23503, VA
31,932
Population
15,350
Households
2.1
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
6,386
Density / Sq Mi
$62,428
Median Household Income
$42,850
Median Earnings
$1,195
Median Rent
$273,100
Median Home Value
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Market
Lease Benchmarks for Norfolk, VA
$16.13 /SF/Yr
Avg Asking Price
$9.75–$27.95 /SF/Yr
Price Range
4,164 SF
Avg Space Size
This space is priced 30% below the average of $16.13 /SF/Yr.
Vacancy Rate% for Retail in Norfolk, VA
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space includes installed dry-cleaning equipment and furnishings for an established service-oriented business use.
Where is this retail space located?
The property is located at 331 E Bayview Boulevard Norfolk, VA.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: 2,118‑square‑foot retail space with dry‑cleaning equipment and furnishings; C‑2 zoning for a commercial retail setting; No CAM charges; tenant pays gas, electric, and water
