Property summary
This exceptional 0.74-acre commercial property at 5353 E Princess Anne Road in Norfolk, Virginia, presents a unique investment opportunity. Currently configured as a tattoo studio, the space boasts a thoughtfully designed layout ideal for a variety of professional uses. The interior features six or more generously sized offices, a dedicated conference room/lounge area perfect for client meetings or employee collaboration, and ample storage space that could easily be converted into additional offices while maintaining substantial storage capacity. Two restrooms, one for men and one for women, are conveniently located near the front reception/waiting area, with an additional private restroom for enhanced privacy. The property also offers exclusive access to a private outdoor area behind the building, providing a tranquil escape or additional space for employees. Benefitting from a highly desirable location off Military Highway, this business center enjoys exceptional visibility and convenient access to Norfolk International Airport, IKEA, and the nearby outlet mall. Ample parking is available with over 50 spaces. Common area maintenance (CAM) fees encompass electricity, water, sewer, trash removal, and grounds maintenance, simplifying operational costs. This property's versatility, prime location, and extensive amenities make it an attractive prospect for discerning investors and businesses seeking a well-established and easily adaptable commercial space.
Property profile
VerifiedCap rate & NOI
Current use
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Home Health Care Service
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Church
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Tattoo & Piercing Shop
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Freight Service Logistics Company
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Employment Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Norfolk, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C-2 in Norfolk, VA.
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