735 Granby St Norfolk, VA 23510-2001
This exceptional 6,200 square foot storefront property, located at 735 Granby Street in the heart of downtown Norfolk, Virginia, presents a compelling investment opportunity. The two-story brick building offers a substantial amount of retail space, perfect for a variety of businesses. With a total square footage of 6,200 square feet, all of which is net rentable, this property boasts ample room for operations and potential expansion. The asking price is $800,000, translating to a price per square foot of $129.03. Situated in Norfolk's vibrant Arts and Design district, this location offers high visibility and foot traffic, making it an ideal spot for a thriving business. The property's solid brick construction ensures durability and longevity, representing a sound investment for the future. The address is 735 Granby Street, Norfolk, VA 23510. This prime location offers excellent access to major transportation routes and is surrounded by a thriving community. The property's size and location make it an attractive option for businesses seeking a prominent presence in a dynamic urban setting. This is a rare opportunity to acquire a substantial retail space in a highly desirable area. Don't miss out on this chance to own a piece of Norfolk's vibrant downtown.
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The C Suite (Bike/Boat/Book/etc) Store Photography Service
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-4 · Norfolk, VACosts & 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.