Flex Warehouse with Office
For Sale
$775,000
860 45th Street, Norfolk, VA 23508
COMMERCIAL - Norfolk, VA
Property Size12,620 SF
Lot Size0.40 Acres
Price / SF$61.41
Days on Market140
Property Features for 860 45th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-2
Subdivision
HIGHLAND PARK WEST
Standard status
Active
Size
12,620 SF
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
5868
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air
Amenities
dedicated office area
three large bay doors
multiple power supplies
Building Details
Year built
1940
Listing Agency:
Atlantic Sothebys Int'l Realty · Sotheby's International Realty
(757) 777-9870
Listed By:
Kris Weaver
(757) 340-5555
Added: Mar 25
Changed: Aug 4
Last Checked: Aug 11 at 10:06PM
MLS# 10626747
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Investment Insights
Based on property information with market context.
This flex warehouse offers over 12,000 square feet of adaptable indoor space, paired with a dedicated office area for administrative and operational needs. The building includes three large bay doors to support receiving and distribution, along with multiple power supplies to accommodate a range of industrial and light commercial functions. With the ability to divide into multiple units if desired, the layout can be tailored to different tenant configurations, businesses, or operating models.
The property is located in Norfolk, Virginia at 860 45th Street, within I-2 zoning. It is described as being just minutes from Old Dominion University, supporting convenient access for daily operations and visitors.
For buyers and tenants seeking a versatile warehouse option with on-site office space, the combination of multiple bay door openings, flexible interior configuration, and available outdoor space for storage and parking offers practical everyday utility. The flexibility to create separate units also supports businesses looking for a customizable setup now or later, subject to applicable requirements.
The property is located in Norfolk, Virginia at 860 45th Street, within I-2 zoning. It is described as being just minutes from Old Dominion University, supporting convenient access for daily operations and visitors.
For buyers and tenants seeking a versatile warehouse option with on-site office space, the combination of multiple bay door openings, flexible interior configuration, and available outdoor space for storage and parking offers practical everyday utility. The flexibility to create separate units also supports businesses looking for a customizable setup now or later, subject to applicable requirements.
Key Highlights
- Prime location minutes from Old Dominion University, ensuring strong visibility and accessibility.
- Expansive 12,000+ sq. ft. of versatile space with endless potential.
- Three large bay doors for easy access and logistical flexibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23508, VA
20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Aramark — 1200 Webb Ctr, Norfolk, VA 23529
- Cloud90 LLC — 200 W 31st St, Norfolk, VA 23504
- Tracey Holmes Catering — 4408 Colley Ave, Norfolk, VA 23508
Frequently Asked Questions
What type of property is this?
Flex space - Large flex warehouse with a dedicated office area, three bay doors, and outdoor space for storage and parking.
Where is this flex space located?
The property is located at 860 45th Street Norfolk, VA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Prime location minutes from Old Dominion University, ensuring strong visibility and accessibility.; Expansive 12,000+ sq. ft. of versatile space with endless potential.; Three large bay doors for easy access and logistical flexibility.
