6542 E Virginia Beach Blvd Norfolk, VA 23502
- Commercial real estate
- 22,231 SF
- 0.50 lot acres
Current Use by Public Records
- Stanley's Home Furnishings Inc / Furniture Store
Property Details for 6542 E Virginia Beach Blvd
- Year built
- 1960
- Lot size
- 0.50 lot acres
- Property size
- 22,231 SF
- Property type
- Commercial real estate
Description
This exceptional 22,231-square-foot retail property, located at 6542 E Virginia Beach Blvd in Norfolk, Virginia, presents a compelling investment opportunity. Built in 1960 and situated on a half-acre lot, this Class C building boasts a prominent location with excellent visibility and accessibility from Virginia Beach Boulevard (27,000 vehicles per day), approximately 0.7 miles from I-264 and 1.4 miles from I-64. The property benefits from a C-C (Corridor Commercial) zoning designation, permitting a wide range of uses including retail, office, service, food service, and healthcare. The open floor plan offers considerable flexibility for various tenants. Key features include 400 AMP, 3-phase electric service and natural gas availability. An existing 18-foot-high road sign is likely grandfathered. The property is immediately available and enjoys close proximity to major retailers such as Checkered Flag Honda, Rick Hendrick Cadillac/Chevrolet, Costco, and BJ's Wholesale Club, as well as Sentara Leigh Hospital and Sentara Brock Cancer Center. This is a rare chance to acquire a well-positioned retail space in a high-traffic area with strong surrounding businesses and medical facilities. The asking price is $1,750,000, and the lease type is NNN (Net, Net, Net). The property is a single-tenant building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk
- State
- Virginia
- Longitude
- -76.1815423
- Latitude
- 36.8551971
