Listing Agency: Colliers | Norfolk Show Phone

Listed By: Ricky Anderson · License #0225181900

Source: Moodyscre

Added: Jul 15, 2025 Changed: Aug 14 Last Checked: Aug 22 at 12:48PM

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Investment Insights

Based on property information with market context.

The property features a freestanding retail building with warehouse space, totaling approximately 6,000 square feet. Constructed in 1968, the building is situated on a site comprising three parcels, which together span approximately 0.64 acres. The property is zoned OR (Oceanfront Resort District). It includes a fenced yard area of approximately 0.32 acres. Loading is facilitated by six roll-up doors. The property is located in the ViBe Creative District and is currently occupied under a lease agreement that extends through September 2028.

Key Highlights

• Desirable location in the ViBe Creative District
• ± 6,000 SF freestanding retail building with warehouse
• (6) roll up doors for loading

Property Analytics

Property Profile

Current Use

Princess Anne Distributing ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Nail Salon Big Box & Wholesale Store Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,398

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Freestanding retail building with warehouse in ViBe Creative District.

Where is this retail space located?

The property is located at 623 Virginia Bch Blvd Virginia Beach, VA.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Desirable location in the ViBe Creative District; ± 6,000 SF freestanding retail building with warehouse; (6) roll up doors for loading