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Suffolk, VA Office Buildings for Sale

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Eight-Story Office Building
Updated: Aug 31, 2022
Eight-Story Office Building

112 W Washington Street, Suffolk, VA 23434

$1,450,000
23,594 sqft 0.09 AC lot
23,594‑square‑foot office building
Eight‑story configuration
Built in 1900
0.09‑acre parcel
Corner of Main Street and W Washington Street
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Eight-Story Commercial Office Building
Updated: Jul 25
Eight-Story Commercial Office Building

112 W Washington St, Suffolk, VA 23434

$1,450,000
23,594 sqft
Eight‑story commercial building on a corner lot at Main and Washington Streets in Suffolk, VA
Located in the heart of Suffolk on Main and Washington Street
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Office-Light Industrial Property
Office-Light Industrial Property

1108 Wilroy Rd, Suffolk, VA 23434

$325,000
1,432 sqft 0.93 AC lot

Compact office building with yard/storage potential on nearly one acre in Suffolk, Virginia.

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See hot listings in Suffolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Harbour View Medical Office Building
Harbour View Medical Office Building

5849 Harbour View Blvd, Suffolk, VA 23435

$7,250,000
22,395 sqft

Two-story medical office building in a rapidly growing submarket.

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Mixed-Use Property With Apartments
Mixed-Use Property With Apartments

158-160 W. Washington Street |, Suffolk, VA 23434

Contact for pricing
2,932 sqft

First-floor professional offices include private rooms, a conference area, kitchenette, and multiple restrooms.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Suffolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Office Building
Leased Office Building

15064 Carrollton Boulevard, Carrollton, VA 23314

$1,399,000
6,464 sqft 1.75 AC lot

Updated business center with multiple offices, a lobby, kitchen, and restrooms on a commercial road-front parcel.

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Three-Story Office Building
Three-Story Office Building

1040 University Boulevard, Portsmouth, VA 23703

Contact for pricing
59,878 sqft

Built in 2007, the property offers a multi-floor office environment with medical, government, and private-sector tenancy.

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Office Building with Fenced Yard
Office Building with Fenced Yard

3400 Airline Boulevard, Portsmouth, VA 23701

Contact for pricing
3,648 sqft

Fenced parking and yard support practical on-site storage and parking for an owner-operator or small business.

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Land and Office Building Opportunity
Land and Office Building Opportunity

15154 Carrollton Blvd, Carrollton, VA 23314

Contact for pricing
6,024 sqft 6.09 AC lot

Land development with fully leased office building for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Suffolk Commercial Land Opportunity
Suffolk Commercial Land Opportunity

208 E Pinner St, Suffolk, VA 23434

$189,900
7,511 sqft 0.17 AC lot

B-1 zoned flat lot with excellent commercial potential.

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Suffolk, VA Office Buildings Market Trends and Statistics

Explore 5 office buildings for sale in Suffolk, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 73,947 square feet of properties for sale, with an estimated market value of $10,475,000.

Sale prices for commercial office buildings in Suffolk, VA start at $325,000, averaging $2,618,750, and reaching up to $7,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 12
Office buildings 8
Medical Office Space 7

Demographics Overview

Population 96K
Population Growth (5Y) +5.2%
Median Household Income $90,027
College Educated 44.4%

High-Yield Neighborhoods for Investment

Identify Suffolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23434 $1.1M
23435 $7.3M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $27.23 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Suffolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Suffolk fall within the 50,000 to 100,000 square foot range.

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