Mixed-Use Building with
For Sale
$1,149,800
5010 Princess Anne Road E, Norfolk, VA 23502
Commercial/Industrial, Norfolk, VA
Property Size17,500 SF
Lot Size0.45 Acres
Price / SF$65.70
Days on Market266
Property Features for 5010 Princess Anne Road E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-C
Subdivision
FOX HALL RES PARK
Standard status
Active
Size
17,500 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Annual Amount
6100
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Wall/Window Unit(s), Zoned
Building Details
Year built
1932
Roof type
Shingle
Listing Agency:
Gabriel Rapisardi Real Estate
(757) 577-2902
Listed By:
Gabriel Rapisardi
(757) 577-2902
Added: Nov 29, 2025
Changed: Aug 22
Last Checked: Aug 22 at 6:06PM
MLS# 10611879
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Investment Insights
Based on property information with market context.
This mixed-use property contains 17,500 square feet on a 0.45-acre parcel and was built in 1932. The building includes six residential units, seven retail spaces, and two offices, creating a combination of residential and commercial areas within one asset. Existing retail operations include a florist, salons, and a fully equipped restaurant. The property is offered as-is.
Located at 5010 Princess Anne Road E in Norfolk, the building provides a commercial presence along Princess Anne Road. Zoning is C-C. Building systems include natural gas and forced-air heating, along with central air, zoned cooling, and wall/window units. The roof is shingle.
Located at 5010 Princess Anne Road E in Norfolk, the building provides a commercial presence along Princess Anne Road. Zoning is C-C. Building systems include natural gas and forced-air heating, along with central air, zoned cooling, and wall/window units. The roof is shingle.
Key Highlights
- 17,500 square feet on a 0.45‑acre parcel
- Six residential units, seven retail spaces, and two offices
- C‑C zoning at 5010 Princess Anne Road E, Norfolk, VA 23502
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C-C-zoned property combines commercial storefronts, office areas, and residential occupancy in a multi-level configuration.
Where is this mixed-use property located?
The property is located at 5010 Princess Anne Road E Norfolk, VA.
What is the asking price?
The asking price for this property is $1,149,800.
What are key features of this property?
This property features: 17,500 square feet on a 0.45‑acre parcel; Six residential units, seven retail spaces, and two offices; C‑C zoning at 5010 Princess Anne Road E, Norfolk, VA 23502
