Retail Space with Dry-Cleaning
For Lease
$2,000/Mo
331 E Bayview Boulevard Unit 337, Norfolk, VA 23503
Furnished commercial unit includes equipment already in place.
Space Size2,118 SF
Days on Market40
Property Features for 331 E Bayview Boulevard Unit 337
General Information
Standard status
Active
Size
2,118 SF
Net Rentable
2,118 SF
Space & Availability
Available Space
2,118 SF
Contiguous Space
2,118 SF
Space Use
Dry cleaning
Furnished
Yes
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1960
Listing Agency:
Abrams Realty
(757) 642-0118
Listed By:
Teresa Hagerman · License #22638
Source:
Honorableservicerealty
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 25 at 4:52AM
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 retail space comprises 2,118 square feet and is offered with furnishings and dry-cleaning equipment already in place. The property was built in 1960 and is available under a minimum three-year lease term.
Located off Tidewater Drive, the unit is minutes from Little Creek and Norfolk Naval Station. The tenant is responsible for gas, electric, and water, while the lease carries no CAM charges. The existing setup is specifically identified for dry-cleaning operations, with additional services such as wash-and-fold and alterations noted as potential uses.
Located off Tidewater Drive, the unit is minutes from Little Creek and Norfolk Naval Station. The tenant is responsible for gas, electric, and water, while the lease carries no CAM charges. The existing setup is specifically identified for dry-cleaning operations, with additional services such as wash-and-fold and alterations noted as potential uses.
Key Highlights
- 2,118‑square‑foot retail space
- Furnished dry‑cleaning unit with equipment in place
- No CAM charges
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
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 25% below 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 - Furnished commercial unit includes equipment already in place.
Where is this retail space located?
The property is located at 331 E Bayview Boulevard Unit 337 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; Furnished dry‑cleaning unit with equipment in place; No CAM charges
