1512 Bayview Blvd Norfolk, VA 23503
This exceptional commercial property at 1512 E Bayview Boulevard, Norfolk, VA, presents a unique investment opportunity. Priced at $429,000, this 0.25-acre lot boasts a main building ideally suited for a variety of commercial uses. Currently operating as a catering business, the property features a fully equipped kitchen complete with a hood system, extensive prep areas, and ample storage—perfect for food service operations. The interior layout is flexible, offering a spacious lobby/showroom area easily adaptable to different configurations. Imagine transforming this space into individual offices or maintaining the existing open floor plan. The property's strategic location on Bayview Boulevard ensures high visibility and easy access for customers. Two convenient driveways and substantial rear parking add to the property's appeal. An added bonus is the inclusion of a second building at 1514 E Bayview Blvd., providing an extra 433 square feet of usable space. This versatile property is ready for immediate occupancy, allowing you to start your business immediately or customize the space to perfectly match your specific needs. Don't miss this chance to acquire a prime commercial property in a thriving Norfolk location. The combination of existing infrastructure, ample parking, and flexible space makes this an exceptional opportunity for entrepreneurs and investors alike.
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East Beach Catering Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.