Seven-Unit Mixed-Use
436 Granby Street, Norfolk, VA 23510
For Sale
Contact for pricing
Six furnished apartments occupy the upper floors above a ground-level commercial space.
Property SizeContact for details
Days on Market25
Property Features for 436 Granby Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Road Access
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Additional Details
Furnished
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Construction
Tenancy
Listing Agency:
CBRE - Norfolk
Listed By:
Jeff Parker · License VA #0225054798
(757) 478-9920
Source:
Crexi
Added: Oct 21
Changed: Nov 8
Last Checked: Nov 12 at 7:48AM
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 CBRE - Norfolk
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Investment Insights
Based on property information with market context.
At 436 Granby Street, this mixed-use property contains seven units: six furnished, two-bedroom apartments and a commercial space on the ground floor. The building dates to 1947 and underwent renovation in 2023. Brick exterior detailing and a marquee contribute to its street presence, while the residential units retain historic elements alongside their updates.
The property is on Granby Street in Downtown Norfolk, between the waterfront and the Historic Ghent neighborhood. Nearby destinations listed include Waterside District, the Chrysler Museum of Art, Harrison Opera House, Nauticus and the Battleship Wisconsin, and the Norfolk Cruise Terminal.
The commercial tenant has approximately seven years remaining on a ten-year lease. The residential component comprises six two-bedroom homes, each furnished.
The property is on Granby Street in Downtown Norfolk, between the waterfront and the Historic Ghent neighborhood. Nearby destinations listed include Waterside District, the Chrysler Museum of Art, Harrison Opera House, Nauticus and the Battleship Wisconsin, and the Norfolk Cruise Terminal.
The commercial tenant has approximately seven years remaining on a ten-year lease. The residential component comprises six two-bedroom homes, each furnished.
Key Highlights
- Seven‑unit mixed‑use property at 436 Granby Street
- Six furnished, renovated two‑bedroom apartments
- Ground‑floor commercial space with approximately seven years remaining on a ten‑year lease
Property Analytics
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 23510, VA
8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six furnished apartments occupy the upper floors above a ground-level commercial space.
Where is this mixed-use property located?
The property is located at 436 Granby Street Norfolk, VA.
What are key features of this property?
This property features: Seven‑unit mixed‑use property at 436 Granby Street; Six furnished, renovated two‑bedroom apartments; Ground‑floor commercial space with approximately seven years remaining on a ten‑year lease
