Mixed-Use Development in Downtown
For Sale
Contact for pricing
440 Monticello Ave, Norfolk, VA 23510
Vibrant mixed-use property with retail, apartments, and parking.
Property Size50,000 SF
Days on Market159
Property Features for 440 Monticello Ave
General Information
Standard status
Active
Size
50,000 SF
Property subtype
Retail
Building Details
Building Size
50,000 SF
Properties For Sale
at 440 Monticello Ave Contact us- Size
- 4,945 SF
- Term
- Negotiable
Suite 2 - Lobby
Listing Agency:
S.L. Nusbaum Realty Co - Corporate
(757) 263-4847
Listed By:
Lindsay Bangel
Source:
Slnusbaum
Added: Mar 6
Changed: Aug 8
Last Checked: Apr 5 at 11:54PM
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 S.L. Nusbaum Realty Co - Corporate
Investment Insights
Based on property information with market context.
The property at 440 Monticello is a mixed-use development in Downtown Norfolk, offering 50,000 square feet of retail space. It provides access to the Norfolk Tide Rail Line and features 1,859 on-site parking spaces. The center includes 121 luxury apartments. Located within a 255,000 square foot, Class A office tower, the property has street-level retail space. Neighboring tenants include Buffalo Wild Wings, Saffron Indian Bistro, 7-Eleven, Sushi King, and Twisted Crab. It is situated below Monticello Station, a 121-unit luxury apartment community. The Downtown Norfolk submarket has 2,682 apartment units with an additional 537 units under construction and a vacancy rate of 5.1%. The property is adjacent to Chrysler Hall, Scope Arena, and the 931,000 square foot MacArthur Center Mall.
Key Highlights
- 50,000 SF of premium retail space in a vibrant mixed‑use development.
- Unparalleled access to the Norfolk Tide Rail Line.
- Benefit from 1,857 on‑site parking spaces, including reserved spaces for take‑out customers.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,730
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 26%
Hotels & Casinos 14%
Groceries 11%
Exxon
Shops & Services
19,763 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
8,386 visits/mo
0.3 miles
Virginia ABC
Groceries
7,861 visits/mo
0.4 miles
Courtyard Norfolk Downtown
Hotels & Casinos
7,811 visits/mo
0.3 miles
BonChon Chicken
Dining
7,492 visits/mo
0.2 miles
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 Retail in Norfolk, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Vibrant mixed-use property with retail, apartments, and parking.
Where is this mixed-use property located?
The property is located at 440 Monticello Ave Norfolk, VA.
What are key features of this property?
This property features: 50,000 SF of premium retail space in a vibrant mixed‑use development.; Unparalleled access to the Norfolk Tide Rail Line.; Benefit from 1,857 on‑site parking spaces, including reserved spaces for take‑out customers.
