C-2 Retail
New
For Lease
$1,200/Mo
331 E Bayview Boulevard Unit 329, Norfolk, VA 23503
Neighborhood-oriented commercial setting with C-2 zoning and a three-year minimum lease.
Space SizeContact for details
Days on Market6
Property Features for 331 E Bayview Boulevard Unit 329
General Information
Standard status
Active
Zoning
C-2
Additional Details
Space Use
Retail
Building Details
Year Built
1960
Listing Agency:
Abrams Realty
(757) 642-0118
Listed By:
Teresa Hagerman · License #22638
Source:
Horakrealtygroup
Added: Aug 24
Changed: Aug 27
Last Checked: Aug 29 at 12:07PM
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 Abrams Realty
Investment Insights
Based on property information with market context.
This 818-square-foot retail space is located at 331 E Bayview Boulevard, Unit 329, in Norfolk. Built in 1960, the property is designated C-2, a Neighborhood Commercial District intended for small- to medium-scale businesses serving nearby residents.
Potential uses identified for the zoning include salons, barber shops, coffee shops, bakeries, professional offices, medical and dental practices, fitness studios, tutoring centers, and similar neighborhood-oriented businesses. The space is off Tidewater Drive and is described as minutes from Little Creek and Norfolk Naval Station. The lease requires a three-year minimum term. Tenants are responsible for gas, electric, and water, with no CAM charges.
Potential uses identified for the zoning include salons, barber shops, coffee shops, bakeries, professional offices, medical and dental practices, fitness studios, tutoring centers, and similar neighborhood-oriented businesses. The space is off Tidewater Drive and is described as minutes from Little Creek and Norfolk Naval Station. The lease requires a three-year minimum term. Tenants are responsible for gas, electric, and water, with no CAM charges.
Key Highlights
- 818 SF retail space
- C‑2 Neighborhood Commercial District zoning
- No CAM charges
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.64 /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
Market
Lease Benchmarks for Norfolk, VA
$15.2 /SF/Yr
Avg Asking Price
$1.68–$27.95 /SF/Yr
Price Range
4,893 SF
Avg Space Size
This space is priced 16% above the average of $15.2 /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?
Retail space - Neighborhood-oriented commercial setting with C-2 zoning and a three-year minimum lease.
Where is this retail space located?
The property is located at 331 E Bayview Boulevard Unit 329 Norfolk, VA.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: 818 SF retail space; C‑2 Neighborhood Commercial District zoning; No CAM charges
