813 W 39th St Norfolk, VA 23508
Former cafe with commercial kitchen near Ghent neighborhood.
Property Features for 813 W 39th St
General Information
- Standard status
- Active
- Size
- 943 SF
- Property subtype
- RETAIL
Listing office Creoteric Commercial Real Estate (757) 270-2788
Listing date May 27, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Creoteric Commercial Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey commercial kitchen with included equipment.
- Renovated in 2024 with new roof, HVAC, and kitchen updates.
- Located near Ghent neighborhood and Colley Ave.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.4k | $17.40 |
| − Vacancy | −$738 | −$0.78 |
| EGI | $15.7k | $16.62 |
| − OpEx | −$3.9k | −$4.15 |
| NOI | $11.8k | $12.46 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Edible Arrangements — 520 W 21st St, Norfolk, VA 23517
- Town Center Cold Pressed - Ghent — 1902 Colley Ave, Norfolk, VA 23517
- The Artist Vibez Cafe — 2200 Colonial Ave suite 20, Norfolk, VA 23517
- Cold Stone Creamery — 520 W 21st St Ste C, Norfolk, VA 23517
- C4 Cafe Ghent — 2200 Colonial Ave Suite 19, Norfolk, VA 23517