251 Granby St Norfolk, VA 23510
For Sale
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This exceptional Class A office building, constructed in 1902 and boasting 11,000 square feet, offers a prime location in the heart of Downtown Norfolk. Currently featuring four suites, two are immediately available, totaling 2,782 square feet. The building's recent renovations include a completely updated lobby and common areas, creating a sophisticated and modern atmosphere perfect for discerning tenants. The property's zoning is D-MU (Downtown - Mixed Use), allowing for a variety of business uses. Its prominent position on Granby Street ensures excellent visibility and accessibility, while its proximity to numerous restaurants adds convenience. Tenants enjoy easy access to major highways and benefit from individual key-coded security access for enhanced safety and peace of mind. The building's architectural heritage blends seamlessly with contemporary upgrades, providing a unique and desirable workspace. This is an unparalleled opportunity to secure prestigious office space in a thriving downtown location. The building's multiple suite configuration offers flexibility for businesses of various sizes, from small executive offices to larger traditional office setups, even catering to creative office needs. The building's A-class designation reflects its high-quality construction, modern amenities, and prime location.
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cinivahealth Physician
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Elysion Construction General Contractor
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ConstructTech General Contractor
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Tesseract Rentals, LLC Vacation Rental Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
D-3 · Norfolk, VANorfolk. Always verify with local authorities before improvements.
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.