Furnished Dry-Cleaning
For Lease
$2,000/Mo
331 E Bayview Boulevard, Norfolk, VA 23503
COMMERCIAL - Norfolk, VA
Space Size2,118 SF
Lot Size0.78 Acres
Days on Market102
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: Aug 18
Last Checked: Aug 18 at 6:06PM
MLS# 10634636
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Investment Insights
Based on property information with market context.
This storefront property offers a furnished dry-cleaning space with operating equipment included in the lease. The building dates to 1960 and is served by electric heat and central air. The premises are designated C-2, providing the stated zoning framework for the property.
Located at 331 E Bayview Boulevard in Norfolk, the property sits off Tidewater Drive and is minutes from Little Creek and Norfolk Naval station. The tenant is responsible for gas, electric, and water expenses, and the lease requires a minimum three-year term.
Located at 331 E Bayview Boulevard in Norfolk, the property sits off Tidewater Drive and is minutes from Little Creek and Norfolk Naval station. The tenant is responsible for gas, electric, and water expenses, and the lease requires a minimum three-year term.
Key Highlights
- Furnished dry‑cleaning space with equipment included in the lease
- C‑2 zoning designation
- Electric heat and central air
Property Analytics
Property Profile
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
Under-served
Demand for This Use
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
Market
Lease Benchmarks for Norfolk, VA
$17.22 /SF/Yr
Avg Asking Price
$11.33–$27.95 /SF/Yr
Price Range
2,366 SF
Avg Space Size
This space is priced 34% below the average of $17.22 /SF/Yr.
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - The lease includes existing dry-cleaning equipment, furnishings, electric heat, and central air.
Where is this storefront property 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: Furnished dry‑cleaning space with equipment included in the lease; C‑2 zoning designation; Electric heat and central air
