Property summary
Exceptional opportunity to acquire a 4,725 square foot medical office building situated at 1682 Church Street in the heart of Norfolk, Virginia. This property, priced at $975,000 ($206.35/SF), is ideally suited for owner-users seeking a strategic commercial space. Previously utilized as a pediatrician's office, the building offers versatile space adaptable for various professional uses, including medical, legal, counseling, or general office practices. The flexible layout allows for potential subdivision to accommodate multiple tenants. Located on a 0.39-acre lot, the property boasts convenient access to major interstates and includes a private parking area with 17 spaces (16 general and 1 handicap-accessible). The building will be available for occupancy on March 7, 2024. This prime location and ample parking make it an attractive option for businesses seeking a prominent presence in downtown Norfolk. Don't miss this chance to secure a well-positioned commercial property in a thriving urban environment.
Property profile
VerifiedCap rate & NOI
Current use
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Pediatrician Medical Clinic
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Pediatrician Medical Clinic
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Pediatrician Medical Clinic
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Pediatrician Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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